Paris 1st arrondissement property prices — METROREALTY
DVF data · Updated May 2026

Prix immobilier Paris 1er arrondissement en 2026

Median, ranges by district, impact of floor and view, recent evolution. A sourced reading of the market by METROREALTY agents, on rue Molière since 2004.

€12,100 /sqm
Median 1st 2025-2026
€9.5–30 k/sqm
Range by district and property
−4%
Evolution 2022 → 2025
~ 95
Average days on market 1st
Paris 1st in numbers

The most expensive
district in France

Paris 1st arrondissement is, alongside the 6th and 7th, the most expensive area in metropolitan France. Its 2025-2026 median is around €12,100/sqm, 15-20% above the Paris average (~€10,200/sqm).

But this figure hides very strong internal heterogeneity. The 1st brings together four very different micro-markets: Palais-Royal (17th-18th-century charm), Tuileries (Haussmann garden view), Vendôme (ultra-luxury jewellery), Les Halles (centrality, more affordable). The real range goes from €9,500/sqm (busy Halles axes) to over €25,000/sqm (direct Vendôme views).

Prices shown here rely on DGFIP/DVF transactions 2024-2025, supplemented by off-market sales tracked by METROREALTY since 2004. Medians calculated excluding furniture and fees.

Price by district

Four micro-markets,
four price profiles

DistrictMedian priceRangeDominant buyer profile
Palais-Royal≈ €15,500/sqm€13,000 – 19,000/sqmInternational pieds-à-terre, historical charm lovers
Place Vendôme≈ €22,000/sqm€18,000 – 30,000/sqmInternational ultra-luxury (USA, UK, Middle East, Asia)
Tuileries / Rivoli≈ €13,200/sqm€11,000 – 19,000/sqmGarden-view pieds-à-terre, primary residences
Saint-Honoré (centre)≈ €14,500/sqm€13,000 – 17,000/sqmParisian and international families
Les Halles / Montorgueil≈ €10,800/sqm€9,500 – 13,500/sqmYoung professionals, investors, expats
Châtelet / Pont-Neuf≈ €11,500/sqm€10,000 – 14,000/sqmMixed, Seine views command premium

Sources: DGFIP/DVF 2024-2025 + off-market transactions tracked by METROREALTY. Indicative figures, to be weighted by floor, view, condition and building.

Impact of typology

The studio
commands a premium

TypologyMedian price Paris 1stGap vs medianDemand
Studio (15-25 sqm)~ €14,500/sqm+20%Very strong (students, investors)
1-bedroom (28-45 sqm)~ €13,000/sqm+7%Strong (pieds-à-terre, young professionals)
2-bedroom (50-75 sqm)~ €12,100/sqmmedianSteady (couples, families)
3-bedroom (80-110 sqm)~ €12,500/sqm+3%Strong (international families)
4+ bedrooms (120 sqm+)~ €14,000/sqm+16%Selective (highly qualified families)

Studio and large 4+ bedrooms pull up: scarcity for studios (very few sales), exclusivity for 4+ bedrooms (international families, prestige pieds-à-terre).

Impact of floor and view

The floor
changes the price

Floor / configurationDiscount or premiumComment
Ground / 1st floor−15 to −25%Overlooks, street noise, perceived security
2nd-3rd floor−5 to 0%Standard floors, no specific premium
4th-5th floor with lift+15 to +30%Light, open views, noble floors
Top floor with terrace+30 to +60%Scarcity, panoramic view, sun
Garden view (Tuileries/Palais-Royal)+20 to +40%Scarcity effect, premium at any floor
Vendôme column view+40 to +80%Top of market, confidential transactions

Reading: the same 80 sqm flat on the 1st floor without view will trade at ~€10,200/sqm; the same property on the 5th with Tuileries view exceeds €17,000/sqm. Floor and view weigh more than surface in Paris 1st.

Price evolution

A moderate
and localised correction

Paris 1st arrondissement saw a slight correction of −3 to −5% in 2023-2025 compared to the 2022 peak. This moderate dip reflects rising mortgage rates and a temporary slowdown in local demand. It is significantly milder than the correction observed in some peripheral Paris districts (−8 to −12%).

The ultra-luxury segment (Vendôme, Palais-Royal garden view) held up well, even rising slightly, supported by international demand insensitive to local rates: Americans, British, Middle East and Asia account for 60-70% of buyers on these properties.

For 2026, the progressive ECB rate cuts and the return of first-time investors should trigger stabilisation, possibly a slight recovery. METROREALTY expects a flat 2026 on Paris 1st median, with the high-end segment pulling slightly upward.

FAQ

Paris 1st prices —
your questions

The median price per sqm in Paris 1st is around €12,100/sqm in 2025-2026. Range: €9,500/sqm (busy Halles axes) to over €25,000/sqm (Place Vendôme with column view).

Palais-Royal: ≈ €15,500/sqm. Tuileries: ≈ €13,200/sqm. Vendôme: €18,000-30,000/sqm. Les Halles: ≈ €10,800/sqm. Saint-Honoré: €13,000-17,000/sqm. Direct garden or Vendôme views: 20-40% premium.

Slight correction of −3 to −5% versus 2022. Ultra-luxury (Vendôme, Palais-Royal garden view) held up well, supported by international demand. Slow recovery expected in 2026 with falling rates.

Floor is major in Paris 1st. Ground/1st: −15 to −25%. 4th-5th with lift and view: +15 to +30%. Top floor with terrace: +30 to +60%.

Around 95 days for correctly priced properties. Pieds-à-terre in sought-after streets: 60-80 days. Mispriced properties: over 6 months.

DGFIP/DVF transactions 2024-2025 + off-market sales tracked by METROREALTY since 2004. Medians calculated excluding furniture and fees. Ranges include floor and view.

An accurate valuation accounts for floor, orientation, exposure, condition, building and actual transactions on your street. METROREALTY produces a free valuation report within 48 hours.

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METROREALTY · 18 rue Molière · 75001 Paris
Paris 1st agency since 2004

Explore further — Paris 1st property

Palais-Royal property

≈ €15,500/sqm

Tuileries property

≈ €13,200/sqm

Place Vendôme property

€18-30k/sqm

Les Halles property

≈ €10,800/sqm