House Prices in Normandy
Thursday 06 June 2019
The notaires in Normandy have recently published departmental house price figures for the past year.Since 2015 the administrative region of Normandy contains 5 departments, following the merger of the former regions of Lower and Upper Normandy.
However, the notaires continue to report on the previous basis, so the figures provided in their latest review are for the departments of Manche, Cavaldos and Orme, the former Lower Normandy.
Summary information on the market for the departments of Seine-Maritime and Eure is given at the end of this article.
The tables below show average prices and movements in prices for older, modest sized houses, averaging around 100m2, for the year to end of February 2019.
The notaires state that overall, prices in the three departments have remained relatively stable for the past 10 years, but with swings up and down from year to year.
In terms of the two other departments in the region, latest figures from the notaires show that to the end of January 2019 house prices in Seine-Maritime averaged €150,000, a fall of -4.0% in the year, and static over the past 5 years. However, prices vary widely, from around €95,000 in some rural areas to around €400,000 in Mont-Saint-Aignan.
In Eure prices rose by +4.9% in the year to similarly average €150,000, and +3.4% over the past 5 years, but with prices varying from around €100,000 in many rural areas, to around €240,000 in La Chapelle-Longueville.
This article was featured in our Newsletter dated 06/06/2019