In March 2024, the residential real estate market in Paris showcased the following data:

– Average price per square meter (sqm) for properties listed for sale: €11,328
– Average price per sqm for rental properties: €37 (furnished) and €31 (unfurnished)
– Number of properties listed for sale: 4,443
– Number of properties listed for rent: 7,825

Sales Market in Paris:
– Average property size: 50 sqm
– Average property condition rating (scale of 1 to 5, with 5 being high quality): 3.5
– Price change on sales in March 2024: -0.6%

Rental Market in Paris:
– Price change on rent in March 2024: 0.4%
– Average gross yield for furnished properties: 3.6%
– Average gross yield for unfurnished properties: 3.2%

Information about Paris:
– Total population: 2,192,485
– Active population: 83.9%

Frequently Asked Questions:
1. Main Neighborhoods: Saint Germain l’Auxerrois offers the highest average gross yield for furnished properties at 7.9%. Clignancourt currently has the highest number of properties listed for sale (218). Champs Elysées boasts the highest level of property quality with an average rating of 3.9.

2. Price of an Apartment: The average price per sqm of a property in Paris is €11,328.

3. Population: Paris is home to 2,192,485 people, with 1,840,527 employed individuals.

4. Average Gross Rental Yield: Rental yields for furnished apartments in Paris range between 3.2% and 4.1%, with an average of 3.6%.

5. Price Trends: The monthly growth rate of property prices for sales in Paris experienced a -0.6% change in March 2024.

6. Rental Costs: The average rental price per sqm in Paris is €37 for furnished properties and €31 for unfurnished properties. The median price for a studio apartment is €11,328 per sqm.

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