Research article

Prime and ultra prime trends

prime residential market

The latest market intelligence on price growth and residential values in Paris’s most desirable arrondissements – and their most sought-after streets

Prime and ultra prime trends

Note *Price growth, year to September 2018

1st arrondissement

Price growth 2.6%*

Most prestigious streets

  • Place Dauphine
  • Rue de l’Amiral de Coligny
  • Place de Valois

Paris’s smallest district is characterised by very low transaction volumes. In the heart of the Right Bank, it offers history, fashion and culture. Iconic addresses include apartments with views on the Le Palais Royal, Tuileries Gardens or Place Dauphine, and prices range between €15,000 and €30,000 per sq m.

2nd arrondissement

Price growth 1.2%*

Most prestigious streets

  • Rue Volney
  • Rue des Capucines
  • Rue Danielle Casanova

This small arrondissement is home to La Bourse (the former Paris stock exchange) and numerous bank HQs. It is an area undergoing change, attracting entrepreneurs and start-ups. Prices stand 13.6% above their 2011 peak.


3rd arrondissement

Price growth 6.3%*

Most prestigious streets

  • Rue des Quatre-Fils
  • Rue du Parc Royal
  • Rue Elzévir

Also known as the Haut Marais, this district has seen prices rise faster than in any other prime area – 22.6% in the past five years. Independent shops and a vibrant restaurant scene have supported the district’s rise.

4th arrondissement

Price growth 1.6%*

Most prestigious streets

  • Quai de Béthune
  • Quai d’Orléans
  • Place des Vosges

Also known as Le Marais, this area’s highest prices range from €15,000 to €30,000 per sq m for property on Île Saint-Louis with views over the Seine. There is high demand for pieds-à-terre and prestigious apartments in 17th- or 18th-century mansions.

5th arrondissement

Price growth 7.3%*

Most prestigious streets

  • Place Dauphine
  • Place du Panthéon
  • Rue Laromiguière

French families are attracted by high-quality schools here, but family apartments are in short supply. Prices grew by 7.3% in the year to September 2018 – outperforming the city average.

6th arrondissement

Price growth 3.6%*

Most prestigious streets

  • Rue Guynemer
  • Rue de Seine
  • Rue Bonaparte

Still the highest-value district in Paris, the 6th arrondissement encompasses both the Jardin du Luxembourg and the Saint-Germain-des-Prés quarter. It is emblematic of ‘l’esprit Rive gauche’ (the spirit of the South Bank) with trendy boutiques, antique shops and plenty of cafés and bistros. It is a highly sought-after location for pieds-à-terre in the historic heart of the city.

7th arrondissement

Price growth 6.2%*

Most prestigious streets

  • Avenue Émile Deschanel
  • Rue du Bac
  • Quai Voltaire

Home to many state institutions and historic private mansions, prices here have risen steadily – especially in the Saint-Thomas-d’Aquin district. Highest prices (between €20,000 and €30,000 per sq m) are commanded by properties with private gardens and/or panoramic views.

8th arrondissement

Price growth 4.8%*

Most prestigious streets

  • Avenue Montaigne
  • Avenue George V
  • Rue du Faubourg Saint-Honoré

A district of contrasts – the most luxurious homes in the south and businesses and family homes in the north. Inside the ‘Golden Triangle’ between the Champs-Élysées, Avenue Montaigne and Avenue George V, prices average €15,000 to €30,000 per sq m.

16th arrondissement

Price growth 4.6%*

Most prestigious streets

  • Avenue Foch
  • Avenue Georges Mandel
  • Place des Etats-Unis

Paris’s largest district is popular with expats and locals, thanks to its beautiful buildings and good schools. The north is defined by prime and ultra-prime homes on broad avenues, with views of the Eiffel Tower and the Arc de Triomphe. Prices here average €12,000 to €18,000 per sq m. In the south, values are much lower.

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