Luxury real estate in Paris: A positive 'Trump effect' expected

According to a market update reported by Agence France-Presse, prime property in Paris confirmed its status as a safe haven in 2024. Falling interest rates and a price correction of around 10% over two years gradually revived transactions. Paris Ouest Sotheby’s International Realty, a specialist in the 16th, the 17th, the Marais and Neuilly-sur-Seine, played a driving role in this recovery, on the rarest segments of the market.

A resilient market despite uncertainty

Prime property in Paris held up better than expected in 2024. Amid fluctuating rates and political uncertainty, it kept its role as a safe haven. The price correction, of around 10% over two years, brought sellers back to more realistic levels. Combined with falling rates, it revived transactions. Some quality properties above 3 million euros sold within days, at the asking price.

Paris Ouest Sotheby’s International Realty at the heart of the recovery

Paris Ouest Sotheby’s International Realty supported this momentum across its areas. The agency kept a high level of transactions on penthouses with views of the Tour Eiffel in the 16th and the Trocadéro, private mansions and renovated Haussmann apartments. Frank Sylvaire, chairman and chief executive of the agency, sees a market that « is regaining colour after a wait-and-see period ». Confidential valuation, rental management and private viewings round out the service.

The return of international buyers

Foreign buyers came back in force to the Paris market in 2024. Americans are particularly present, supported by a strong dollar that gives them 10 to 15% more purchasing power. The Middle East and Europe remain well represented. In the autumn of 2024, the prospect of Donald Trump returning to the United States presidency was seen by some investors as a favourable signal, likely to strengthen the presence of American buyers in Paris in 2025.

A buyer-seller rebalancing driven by the DPE

The balance of power is shifting towards buyers. Supply stays limited in some areas, but sellers are more open to negotiation. The energy performance certificate (DPE) plays a growing role: the least efficient properties prompt their owners to revise prices. This opens room for negotiation, including on rarely available exceptional properties.

Outlook for 2025: renewed confidence

The outlook for 2025 is seen as encouraging. The Paris 2024 Olympic Games temporarily froze some transactions over the summer, but their effect should be positive in the medium term, strengthening the capital’s international appeal. The teams at Paris Ouest Sotheby’s International Realty expect the market to consolidate and gather fresh momentum, driven by investors optimistic about the direction of the global economy.

Prime property prices in Paris

Prices vary widely with address, floor, view and condition. As a benchmark:

• High-standing apartments in sought-after areas: around 14,000 to 18,000 €/m²
• Prime property in top areas (Triangle d’Or, avenue Montaigne): around 18,000 to 25,000 €/m²
• Penthouses and duplexes with terraces: beyond 25,000, up to 40,000 €/m²
• 16th (Victor Hugo, Trocadéro): around 11,000 to 13,000 €/m²; the Marais: around 12,000 to 20,000 €/m²

These figures are indicative. Each property carries its own value. A tailored valuation remains essential.

FAQ – Prime property in Paris

How did the Paris prime property market perform in 2024?

The Paris prime property market proved resilient in 2024. Despite uncertainty, it kept its status as a safe haven. Falling rates and a price correction of around 10% over two years revived transactions. Quality properties, well located and needing no work, sold quickly.

Have prime property prices in Paris fallen?

Yes, moderately. Prices fell by around 10% over two years in the Paris high-end market. The energy performance certificate (DPE) pushes some owners to revise prices. In sought-after areas, high-standing apartments sit around 14,000 to 18,000 €/m², with prime property above.

Who buys prime property in Paris?

The clientele is both international and French. Americans are very present, supported by a strong dollar that lifts their purchasing power by 10 to 15%. The Middle East and Europe remain active. A wealthy French clientele is also turning to bricks and mortar as a safe haven.

What is the buyer-seller rebalancing?

The market has become more favourable to buyers. Supply stays limited, but sellers negotiate more and prices have realigned. The DPE sharpens this shift: energy-hungry properties see their prices revised. This context opens room for negotiation, including on exceptional properties.

Which properties are most sought after in Paris?

Move-in-ready, rare and well-located properties are the most contested. Penthouses with views of the Tour Eiffel, private mansions in the 16th, renovated Haussmann apartments and properties with outdoor space lead the way. A high floor, an unobstructed view or a terrace creates a clear value premium.

How do you get a prime property valued in Paris?

Valuing a prime property rests on a street-by-street, floor-by-floor reading of the market. Paris Ouest Sotheby’s International Realty values property free of charge in the 16th, the 17th, Neuilly-sur-Seine and the Marais, with the international exposure of the Sotheby’s International Realty network. You can request a free valuation on +33 1 40 60 50 00.

Valuing a prime property in Paris and western Paris

To find the value of a prime apartment, a private mansion or a villa, Paris Ouest Sotheby’s International Realty combines local expertise with international exposure through the Sotheby’s International Realty network. The 16th arrondissement office welcomes you at 95 avenue Victor Hugo, 75116 Paris. You can request a free valuation or reach an advisor on +33 1 40 60 50 00. The conversation stays confidential, with no obligation.