Real estate prices in Caen experienced a slight decline in April 2025, with average costs for apartments dropping to €2,601 per square meter and individual houses to €3,493. Despite this modest downturn, rental prices remained stable, averaging €13.40 for apartments and €13.90 for houses. The stability in rentals reflects a balanced supply and demand, appealing to tenants amid broader inflation concerns, while potential buyers may find opportunities in the current market adjustment.
Real Estate Prices in Caen Show Slight Decline in April 2025
The real estate landscape in Caen is witnessing a modest decrease in property prices as we move into April 2025. This trend encompasses both apartments and houses, while rental prices hold steady. Let’s delve into the latest insights regarding the Caen real estate market.
Property Purchase Prices: A Subtle Downward Shift
As spring 2025 unfolds, the Caen real estate market is reflecting a slight downturn. Property prices have dipped from March to April, impacting both apartments and houses alike.
For apartments, the average price now stands at €2,601 per square meter in April, down from €2,638 the previous month, marking a reduction of €37 per square meter (-1.4%). This adjustment hints at a recalibration in the market following months of continual growth in the Caen urban area.
In the case of individual houses, the trend is somewhat more pronounced. The average price per square meter has decreased to €3,493 in April, falling from €3,545 in March, a drop of €52 per square meter (-1.5%). Although this decline is modest, it may suggest a rebalancing in a market where mortgage interest rates have recently stabilized.
It’s worth mentioning that despite this slight correction, property prices in Caen remain relatively elevated compared to other French cities of similar size. The appeal of the Norman capital, along with its proximity to Paris and high quality of life, continues to uphold the value of real estate in the area.
This minor decrease could present an opportunity for prospective buyers who have been hesitant to enter the market. However, the overall extent of this correction is limited at this point. Real estate professionals are closely monitoring price movements in the upcoming months to assess whether this is a sustained trend or merely a seasonal fluctuation.
Rental Market: Continued Stability in Prices
In contrast to the purchasing sector, the rental market in Caen is displaying notable stability as spring 2025 progresses. Average rental prices have remained unchanged between March and April, indicating a trend towards stabilization that has been evident for several months.
The average rent for apartments holds steady at €13.40 per square meter in April, consistent with the March figure. This price stability signifies a balance between supply and demand in the Caen rental market, as the city continues to attract students and young professionals.
For individual houses, the average rent also remains unchanged at €13.90 per square meter for the second consecutive month. This consistency is particularly noteworthy in a rental market that typically experiences greater fluctuations due to limited availability.
Interestingly, the rental rates for houses and apartments in Caen show a relatively small variance of just €0.50 per square meter, which is a distinctive feature of the local real estate landscape. This phenomenon can be attributed to a diverse range of rental properties and a relatively balanced demand across different property types.
The stability observed in rental prices in recent months can be attributed to several factors: effective regulation of rent increases, sustained rental supply bolstered by past investments, and a demand that, while robust, does not place undue pressure on pricing.
For tenants in Caen, this period of stability is encouraging, especially amidst a broader context of inflation impacting other household expenses. For investors, it offers short-term clarity on rental yields, although some may hope for adjustments that align more closely with overall inflation rates.