Paris Luxury Real Estate in Q2 2025: A Market of Resilience and Refocus

In the second quarter of 2025, Paris confirms its reputation as a stable and refined luxury real estate market. While the broader French property sector continues to adjust to rising costs and regulatory pressures, the capital’s high-end segment remains firm—anchored by international demand, limited inventory, and the enduring appeal of Parisian heritage.

Price Stability in the Upper Segment

According to national statistics and local agency data, the average price per square meter across all Parisian properties stood at approximately €9,880 in Q2, representing a 4% decrease year-on-year. This softening primarily affects the mid-market.

In contrast, the luxury segment has maintained stable values, with prime properties ranging between €28,000 and €42,000 per square meter, and select ultra-prime residences reaching €60,000 per square meter, particularly in heritage districts with river views or rooftop terraces.

Performance by District

7th Arrondissement (Saint-Thomas d’Aquin, Gros-Caillou)

• Average: €19,000/m²
• Notable: High-floor apartments near the Eiffel Tower continue to sell off-market at €20,000–€22,000/m²

8th Arrondissement (Golden Triangle)

• Average: €25,000–€30,000/m²
• Top-tier properties on Avenue Montaigne are priced above €35,000/m², especially with private outdoor space

4th Arrondissement (Le Marais, Île Saint-Louis)

• Range: €14,000–€20,000/m²
• Notable: Renovated 18th-century apartments with views of the Seine are experiencing increased demand from U.S. buyers

16th Arrondissement

• Range: €12,000–€18,000/m²
• Properties around the Trocadéro and Avenue Victor Hugo are seeing increased traction for family homes with outdoor space

International Demand Continues to Drive Activity

American buyers now represent 25% of foreign buyers in central Paris, up from 16% in 2023.
Demand from Middle Eastern and Northern European clients remains stable, particularly in cash-based acquisitions above €5 million.
Many buyers are focused on legacy purchases, using Paris as a foothold for cultural, educational, or lifestyle purposes.

Inventory Constraints and Off-Market Dominance

Listings for luxury properties (above €3M) are down 12% compared to Q2 2024, due to owners holding onto valuable assets.
An estimated 35–40% of high-end transactions in Q2 2025 were completed off-market, especially for rooftops, townhouses, and family apartments in the 6th and 7th arrondissements.

Regulatory and Efficiency Considerations

Properties with DPE ratings of A to C are selling 18% faster than those rated D or below.
The Climate and Resilience Law continues to influence pricing strategies, with buyers increasingly asking for renovation estimates before making offers.
The government’s updated incentives (Q2 2025) for heritage-compliant energy renovations have helped increase listings of upgraded apartments in the Marais and Latin Quarter.

Conclusion

Despite economic pressures across France, Paris’s luxury property market has shown resilience and refinement in Q2 2025. Buyers continue to prioritize location, architectural integrity, and long-term asset value, while sellers operate within a quieter, more strategic market.

As we move into the second half of the year, expect to see even greater competition for high-efficiency, well-located properties, and continued momentum among foreign buyers looking for stable, cultural footholds in the heart of Europe.

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