property
First-Time Paris Buyers Surge; Entry Prices Hold at €7,800/m²
Activity among first-time purchasers picked up in June as entry prices in outer arrondissements held steady near 7,800 euros per square metre.
How we reported this
First-home buyers completed 31 percent of residential sales in Paris during June, the highest share recorded since March 2025, according to notarial records compiled by the Chambre des Notaires de Paris.
The increase arrives as average citywide prices sit at 10,000 euros per square metre, with premium arrondissements 1 through 8 holding above 12,500 euros while districts 9 to 11 remain the main draw for younger purchasers seeking their first purchase. The Grand Paris Express metro extension, now advancing through the 11th and 20th, has lifted buyer interest in corridors previously considered too far from central employment hubs.
Entry points in the 9th and 11th
Properties along Rue Oberkampf in the 11th changed hands at a median 8,100 euros per square metre last month, while studios near Square Montholon in the 9th traded at 7,650 euros. Both figures sit 12 percent below the city average and mark the lowest entry thresholds available inside the Périphérique for buyers with budgets under 350,000 euros. Local agents report viewings at these addresses rose 18 percent month on month, driven by couples aged 28 to 34 who previously rented in the same neighbourhoods.
Transactions data from the Direction Générale des Finances Publiques shows 142 first-home purchases closed in the 9th and 11th combined during June, up from 119 in May. The median floor area for these sales measured 42 square metres, typically one-bedroom units or small two-bedroom flats on upper floors without lifts.
Next steps for buyers
Prospective purchasers should review the latest listings through the Paris notaires’ portal before the August holiday lull, as stock levels in the 9th and 11th fell 9 percent year on year. Those targeting the outer ring can also monitor sales linked to the Grand Paris Express stations at Porte de Vincennes and Mairie des Lilas, where prices have risen only 3 percent since the line received final funding approval in April 2026.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.