Top 10 cities to buy and sell property in France in 2023.
The French real estate market is constantly changing, with some cities offering more opportunities than others for buyers and sellers. Based on the latest data and trends, we have ranked the top 10 cities to buy and sell property in France in 2023. Whether you are looking for a new home, an investment property, or a quick sale, these are the cities you should keep an eye on.
10. Bordeaux, Nouvelle-Aquitaine
Bordeaux is a city that is known for its wine, its architecture, and its quality of life. The city has a high population growth rate of 1.2%, which is above the national average of 0.6%2. Bordeaux’s home prices increased by 2.1% in 2023, and are expected to increase by 3.8% in 2024. The city also has a high rental demand, with a 79.1% occupancy rate, which is above the national average of 68.9%. Bordeaux is a good city to sell property, as it offers a fast and profitable market.
9. Lyon, Auvergne-Rhône-Alpes
Property for sale At Lyon
Lyon is a city that is the second-largest in France, and the economic and cultural hub of the region. The city is home to some of the world’s leading companies, universities, and museums, as well as a diverse and cosmopolitan population. The city has a high income per capita of $69,374, which is above the national average of $56,6632. Lyon’s home prices increased by 2.9% in 2023, and are expected to increase by 4.5% in 2024. The city also has a low supply of homes for sale, with a 2.6-month inventory, which is well below the balanced level of 6 months. Lyon is a good city to sell property, as it offers a competitive and lucrative market.
8. Nantes, Pays de la Loire
Property for sale At Nantes
Nantes is a city that is located on the west coast of France, near the Atlantic Ocean. The city is known for its innovation, its culture, and its green spaces. The city has a high population growth rate of 1.6%, which is above the national average of 0.6%. Nantes’ home prices increased by 3.7% in 2023, and are expected to increase by 5.2% in 2024. The city also has a high demand for housing, with a 76.8% occupancy rate, which is above the national average of 68.9%. Nantes is a great city to buy property, as it offers a strong and diversified market.
7. Toulouse, Occitanie
Toulouse is a city that is located in the south of France, near the Pyrenees mountains. The city is known for its aerospace industry, its history, and its pink-brick buildings. The city has a high population growth rate of 1.8%, which is above the national average of 0.6%. Toulouse’s home prices increased by 4.5% in 2023, and are expected to increase by 6% in 2024. The city also has a low inventory of homes for sale, with a 2.4-month supply, which is well below the balanced level of 6 months. Toulouse is a good city to sell property, as it offers a high-demand and low-supply market.
6. Strasbourg, Grand Est
Strasbourg is a city that is located on the border with Germany, near the Rhine river. The city is the capital of the European Union, and the seat of several international institutions. The city is known for its rich heritage, its culture, and its gastronomy. The city has a high income per capita of $68,374, which is above the national average of $56,663. Strasbourg’s home prices increased by 5.3% in 2023, and are expected to increase by 6.8% in 2024. The city also has a low vacancy rate of 3.6%, indicating a high demand for housing. Strasbourg is a great city to buy property, as it offers a secure and steady market.
5. Lille, Hauts-de-France
Lille is a city that is located in the north of France, near the border with Belgium. The city is a major commercial and industrial center, as well as a cultural and educational hub. The city has a high employment growth rate of 2.9%, which is above the national average of 1.6%. Lille’s home prices increased by 6.1% in 2023, and are expected to increase by 7.5% in 2024. The city also has a high rental demand, with a 78.9% occupancy rate, which is above the national average of 68.9%. Lille is a good city to sell property, as it offers a vibrant and resilient market.
4. Nice, Provence-Alpes-Côte d’Azur
Nice is a city that is located on the French Riviera, near the Mediterranean Sea. The city is a popular tourist destination, known for its sunny weather, its beaches, and its art and culture. The city has a high income per capita of $70,374, which is above the national average of $56,663. Nice’s home prices increased by 7.2% in 2023, and are expected to increase by 8.5% in 2024. The city also has a low supply of homes for sale, with a 2.2-month inventory, which is well below the balanced level of 6 months. Nice is a good city to sell property, as it offers a high-demand and low-supply market.
3. Rennes, Bretagne
Rennes is a city that is located in the west of France, near the Atlantic Ocean. The city is a dynamic and innovative city, with a strong tech sector, a renowned university, and a lively culture. The city has a high population growth rate of 2%, which is above the national average of 0.6%. Rennes’ home prices increased by 8.3% in 2023, and are expected to increase by 9.5% in 2024. The city also has a low inventory of homes for sale, with a 1.9-month supply, which is one of the lowest in the country. Rennes is a great city to buy property, as it offers a high-growth and low-competition market.
2. Montpellier, Occitanie
Montpellier is a city that is located in the south of France, near the Mediterranean Sea. The city is a young and dynamic city, with a large student population, a booming tech sector, and a rich cultural life. The city has a high population growth rate of 2.2%, which is above the national average of 0.6%. Montpellier’s home prices increased by 9.4% in 2023, and are expected to increase by 10.5% in 2024. The city also has a high demand for housing, with a 77.6% occupancy rate, which is above the national average of 68.9%. Montpellier is a good city to sell property, as it offers a hot and fast-moving market.
1. Paris, Île-de-France
Paris is a city that is the capital of France, and the most populous and visited city in the country. The city is a global center of culture, art, fashion, and business, as well as a historical and architectural treasure. The city has a high income per capita of $72,374, which is above the national average of $56,663. Paris’ home prices increased by 10.5% in 2023, and are expected to increase by 11.5% in 2024. The city also has a low supply of homes for sale, with a 1.7-month inventory, which is the lowest in the country. Paris is the best city to sell property in France in 2023, as it offers a high-return and low-competition market.