Assessment of the new housing market in Île-de-France for the year 2022

Based on this quantitative analysis covering the period from January to December 2022, four trends reflect the current context of the new housing market in Ile-de-France:

After a good start to the year and stability observed in the 2nd quarter, sales of new homes in Ile-de-France contracted between July and December 2022. Over one year, the region recorded a stable level of transactions compared to 2021 (27.292 units of which 95% collective). At the departmental level, Hauts-de-Seine (-7%), Seine-Saint-Denis (-11%), Seine-et-Marne (-12%) and Essonne (-7%) see their volume of transactions decrease. Conversely, the rest of the departments recorded increases of between 4% (Yvelines) and 27% (Val-de-Marne). In volume, Hauts-de-Seine and Seine-Saint-Denis account for 3% of total regional sales.

The number of lettings increased by 12% over one year for a total of 39.818 newly introduced homes on the market. The number of new homes has fluctuated over the quarters between 2% and 4% of total listings. As with sales, the developments are very disparate depending on the departments. Val-de-Marne and Val-d'Oise recorded the strongest increases (+43%). Nearly 8.000 new homes have come out of the ground in the most commercial department in 2022: Seine-Saint-Denis. Seine-et-Marne (-17%) and Essonne (-13%) suffered the most marked annual declines.

Thanks to the dynamic of listings, the stock of available housing is becoming more expensive and reached 37.749 units as of December 31, 2022 (+50%). Val-de-Marne (+96%) followed by Val-d'Oise and Seine-Saint-Denis (+68%) again experienced the most significant increases in stock prices. At this date, 4% of the regional outstanding is made up of new houses (1.500 units).

Over one year, the average price of a new apartment in Ile-de-France increased by 2,9% and reached €6.065/m². With the exception of Val-de-Marne (-1,8%), all the Ile-de-France departments recorded a price increase but in very variable proportions, between +2,2% in Yvelines and +11,9% in the Val d'Oise. In value, Paris (€14.335/m²) remains the most expensive department while Seine-et-Marne (€4.574/m²) followed by Essonne (€4.587/m²) show the most affordable prices for new buildings . At municipal level, the average price in the towns on the outskirts of the capital continues to soar and exceeds the price of certain Parisian districts such as Neuilly-sur-Seine (€16.092/m²), Saint-Mandé (€14.622 /m²), Boulogne-Billancourt (€14.020/m²), Levallois-Perret (€13.064/m²), or even Vincennes (€11.849/m²).

In addition, from 2023, the ADIL Paris Housing Observatory will stop its activities concerning the new real estate situation in Ile-de-France in order to redirect its work towards the study of housing and habitat issues. faced by households consulting the Observatory.