Buying an apartment in Paris: is it still a good idea today?

For several months now, the Paris real estate market has been going through a transition phase. Falling prices in certain areas, difficulties in accessing credit, changing buyer expectations... all these factors fuel a recurring question: is it still a good idea to buy an apartment in Paris today? In this overview, enriched with key figures and our experience as real estate hunters, we take stock of the situation to help you see more clearly.

A changing Parisian market

According to the latest figures from Notaires du Grand Paris, the average price per square meter stood at around €9,500 in 2024, compared to more than €10,500 two years earlier. This correction, of around 10%, is the first in a long time after years of continuous growth. It can be explained by several factors:

• rising interest rates, which limit buyers' borrowing capacity;
• greater supply, with more properties being put up for sale;
• an uncertain economic climate, which is prompting some sellers to revise their expectations.

However, it would be simplistic to talk of a market “in crisis.” The reality is more nuanced: some properties are seeing their prices fall, while others continue to sell very quickly, sometimes even at the asking price.

Disparities between neighborhoods and properties

Paris is not a homogeneous market. A 40 m² apartment in the 11th arrondissement does not follow the same dynamics as a 150 m² apartment with a view of the Seine. Today, we are seeing:

• marked declines in the outlying arrondissements (19th, 20th), where buyers are more sensitive to interest rates and monthly payments;
• relative stability in central neighborhoods (Marais, Saint-Germain, 7th arrondissement), where demand remains driven by high-end and international clients;
• a persistent premium for exceptional properties: renovated family apartments, high-quality Haussmann-style buildings, terraces, or unobstructed views.

In these segments, buyers must remain very responsive, as competition remains strong.

Buying now: opportunity or risk?

The question of the “right time” to buy in Paris comes up often. In reality, the answer depends on the profile and plans of each buyer.

• For investors, falling prices can represent an opportunity, especially if they offset high interest rates. The key is to target liquid properties that are easy to resell, ideally in sought-after neighborhoods.
• For families or individuals looking for their primary residence, the challenge is less about “speculating” than finding a home that is suitable for the long term. In this case, the current market, which is more open to negotiation, may be favorable.
• For foreign buyers, Paris remains a safe bet. The weak euro against the dollar and the Swiss franc has even made some purchases more attractive.

The risk? Waiting too long in the hope of an even sharper decline, at the risk of seeing the ideal property slip through your fingers.

Pitfalls to avoid

A rapidly changing market also brings new pitfalls for buyers. Among the most common are:

• overly optimistic listings: some sellers are still testing prices that are out of touch with the market;
• properties with poor energy performance (energy-inefficient): they may be cheaper to buy, but require extensive work, which can be difficult to finance;
• fragile co-ownerships: high charges, major work in the pipeline, or unclear management can turn a “good deal” into a nasty surprise.

This is why it is essential not to rely solely on photos and first impressions. A thorough analysis of the condominium documents, diagnostics, and context of the property is required.

The key role of the real estate hunter

In this contrasting market, using an experienced real estate hunter becomes a real asset. At Parlez-moi de Paris, we have been assisting French and foreign buyers in their search for high-end apartments since 2009. Our role is twofold:

1. Accessing the best opportunities: many interesting properties are never published online or are snapped up within days. Thanks to our network, we open these hidden doors to our clients.
2. Securing the purchase: by checking every detail, from the real value of the property to the legal and technical aspects, to avoid unpleasant surprises.

In a market where mistakes are costly, this expertise not only saves time, but also ensures you buy at the right price.

Is buying in Paris still a good choice?

Despite the questions, Paris remains a unique market. The scarcity of properties, the architectural quality, the cultural richness, and the international influence of the city make it a place where demand never dies down. Periods of correction are not the end of a cycle, but rather a pause for breath.

For a buyer, the real question is not just “should I buy now?”, but rather "am I ready to seize the right opportunity if it arises? "

In conclusion, buying an apartment in Paris in 2025 remains a sound decision, provided you prepare your project well and surround yourself with the right advice. Whether you are looking for a pied-à-terre, a family apartment, or an investment, the key lies in responsiveness and expertise.

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