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The luxury real estate market in Lyon in Q1 2019

Le marché de l’immobilier de prestige à Lyon au 1er trimestre 2019

BARNES, the leading luxury real estate agency in Lyon, presents its overview of the property market in the first 3 months of 2019.

A look back at 2018: notary review

In March 2019, the Chamber of Notaries published its review of the property market compiling the PERVAL data from 1 January to 31 December 2018 in the Rhône region. We have highlighted some interesting points from this review: 

  • Overall fall in sales volumes of 4.1% with a sharp decrease in the sale of new apartments and building land;
  • Increase of 6.8% in sales prices for old apartments and of 5.7% for old houses;
  • Median price per sq. m. for old-build apartments in Lyon: €3,910 (+9.1%) vs €3,120 for the city of Lyon;
  • Median sales price for old-build houses in Lyon: €525,000 (+7.1%) vs €350,800 for the city of Lyon. 


The high-end real estate market in Lyon: Q1 update by BARNES

2018 review

2018 was a record year for BARNES Lyon with 103 sales representing almost €90 million in transaction value. This represents growth of 30% in sales volumes compared to 2017. 

The median price of properties sold in Lyon has exceeded the symbolic threshold of €6,000, stabilising at €6,053/sq. m., up 10%. Meanwhile, the median sale time has increased to 65 days compared to 57 in 2017.

BARNES 2019 high-end real estate market review

2019 has started out with a ‘soft landing’, despite exceptionally high sales volumes. 

Prices continue to rise at the same pace with a median price of €6,197/sq. m., i.e. a 2.3% increase. 

The sales volume is up dramatically with 40 sales in Q1 totalling €35 million, among which the impressive sale at an emblematic address in the 6th arrondissement for over €2.7 million. The median sale time has stabilised at 67 days. 24 sales have already been recorded in April, for a total value of €30 million. 

Our top sales at the start of 2019

An atypical 152 sq.m. apartment above the Quai Saint-Antoine agency - Deed signed in January 2019

101 sq.m. apartment in the Manoir des Ollières - Deed signed in February 2019

196 sq.m. triplex in La Mulatière - Deed signed in March 2019

223 sq.m. apartment renovated by Claude Cartier on Place Antonin Poncet - Deed signed in February 2019

A renovated 168 sq.m. bourgeois apartment in Lyon’s 1st arrondissement - Deed signed in January 2019

Contemporary 220 sq.m. house in Saint-Didier-au-Mont-d’Or - Deed signed in Mach 2019

Atypical 220 sq.m. house in Tassin-la-Demi-Lune - Deed signed in Mach 2019

165 sq.m. penthouse at the heart of the Croix-Rousse area - Deed signed in March 2019

Keep up with the top property sales in Lyon and its surroundings thanks to our dedicated section.