Each quarter, the latest figures published by the Chambre des Notaires du Grand Paris provide one of the most reliable snapshots of the Paris real estate market.
The results for Q4 2025, combined with early 2026 indicators, confirm what many buyers and sellers have begun to sense on the ground: the Paris apartment market has entered a new phase — more balanced, more selective, and quietly stabilizing.
At 56Paris, where our daily activity focuses primarily on apartments in the historic heart of the capital, these trends are particularly visible in central neighborhoods such as Saint-Germain-des-Prés, the Marais, the Left Bank, and prime Right Bank locations.
A Market Regaining Momentum — Carefully
After two years marked by rising interest rates and reduced purchasing power, transaction volumes across Île-de-France began improving again throughout 2025. Notarial data confirms a gradual return of buyers, supported by stabilized financing conditions and price adjustments already absorbed by the market.
Apartment sales have increased modestly compared to 2024, signaling renewed confidence — though activity remains below pre-2022 levels. This distinction is important: the recovery is real, but disciplined rather than speculative.
In Paris specifically, prices for existing properties have largely stabilized following the corrections observed between 2022 and early 2024. Preliminary indicators from signed preliminary contracts suggest a market now moving within a narrow range rather than continuing downward adjustments.
Paris Apartments: Stability Returns First to the Center
While regional statistics often combine houses and suburban markets, the situation in central Paris differs significantly.
* Prime districts — particularly the historic center — have shown remarkable resilience:
* Limited supply of quality apartments
* International demand returning progressively
* Long-term owners under little pressure to sell
* Persistent appeal of architectural character and location
Recent figures place the average Paris apartment price around €9,700 per square meter, reflecting a modest annual increase of roughly +1.9%, confirming the end of the correction cycle.
In sought-after central arrondissements, pricing remains highly segmented. Transactions increasingly depend on micro-location, condition, and floor plan quality rather than broader market momentum.
Negotiation Is Now Part of the Market
One of the clearest structural changes highlighted both by notarial data and recent market analyses is the normalization of negotiation.
Following the rapid post-Covid years, buyers today expect pricing realism. In several central districts, negotiated discounts commonly range between 7% and 10%, especially for apartments requiring renovation or ambitious initial pricing.
This does not indicate weakness — rather, a return to a functioning market where price discovery plays its natural role.
Well-presented apartments in prime locations continue to sell efficiently, while properties lacking clarity in positioning may experience longer marketing periods.
Prestige Property Remains Exceptionally Resilient
High-end Parisian real estate continues to behave differently from the broader market.
Apartments in landmark buildings, historic streets, and established Left Bank or Marais addresses benefit from structural scarcity. Buyers in this segment are typically less dependent on financing conditions, which cushions price volatility.
As a result, prestigious properties have largely avoided sharp corrections and remain among the most stable real estate assets in Europe — a trend consistently confirmed by transaction data and market commentary across early 2026.
Outlook for 2026: A Gradual Upward Trend
Looking ahead, several converging factors suggest cautious optimism:
* Stabilized or slightly improving borrowing conditions
* Buyers returning after postponed decisions in 2023–2024
* Severely constrained new construction supply
* Continued international demand for Paris apartments
Market projections now anticipate moderate price growth of approximately 2–3% in Paris during 2026, assuming interest rates remain stable.
Importantly, expectations remain realistic: a sharp rebound appears unlikely, but progressive appreciation led by prime central neighborhoods is increasingly probable.
The 56Paris Perspective
From our vantage point as a buying agency focused on central Paris apartments, the current market can be summarized simply:
* 2025 marked the stabilization.
* 2026 may mark the rebalancing.
Buyers today benefit from improved choice and negotiating capacity compared to recent years, while sellers who position their apartments correctly are once again meeting qualified demand.
In historic Paris — where supply is finite and architectural quality timeless — market cycles tend to smooth out quickly. The latest notarial data confirms that this process is already underway.
If you are considering buying or selling an apartment in Paris, our team at 56Paris closely monitors both transactional data and on-the-ground market behavior to help clients navigate timing, pricing, and long-term value decisions with confidence.