The historic arrondissements remain safe values, starting with the 6th and 7th, where average prices now stand at €19,163/m² and €18,667/m², with sales regularly exceeding the €30,000 mark, and even €40,000/m² for properties meeting all the search criteria of wealthy clients (vast volumes, noble address, perfect condition and a view of a major monument). However, these transactions concluded at price levels that were still unthinkable 10 years ago should not mask a certain sluggishness at the heart of the market: "Well-off but not wealthy families are sensitive to cyclical and political uncertainties as well as interest rate fluctuations. In Paris, the prospect of the municipal elections therefore held back many potential buyers between January and April 2026, marked by a degree of wait-and-see. This is probably what largely explains the acceleration we noted in May, with our clients rather reassured by a municipal election result less worrying than they had feared," says the Managing Director of BARNES.
The central Paris market has seen prices fall by around 10% in three years, but some sellers are still not prepared to accept this and remain fixed on per-square-metre values that are too high, which contributes to seizing up sales, particularly for properties with defects, even minor ones (low floor, no lift, poor orientation, communal areas in poor condition, no cellar, etc.). Across all BARNES Paris offices, it appears that a further fall of 3 to 5% is to be expected by mid-2027, which would help free up the market and relaunch transactions on a continuous basis.