real estate prices continue to panic

Only new apartments did not follow the upward trend that reappeared in the aftermath of the pandemic: in Finistère, the number of sales and prices of old apartments, old houses and building plots increased between mid-2020 and mid-2021, according to the chamber of notaries which unveiled its figures, this Monday, December 13.

+ 35% of building land sold

The figures are spectacular: over this period, the number of sales, over one year, increased by 11% and at the same time the median price per m² of old apartments has climbed by 17% (1,740 euros), the median price of old houses by 12% (169,000 euros) and the median price of land by 4.4% ( 47,000 euros for 600m²).

Patrick O’Reilly, president of the Departmental Council of Notaries of Finistère, tempers: “Finistère remains a department where average prices were lower than the national level so there is a catching-up phenomenon”. The problem today, according to him, is the goods: “we have a lot more requests than offers.”


source site-38