Amid a stabilizing real estate market in Montpellier, prices for existing apartments have recently declined slightly. However, certain neighborhoods continue to generate particular interest and maintain high prices. From Port Marianne to La Chamberte, discover in detail the trends and disparities in real estate prices in Montpellier.
Stabilization after a period of continuous growth
According to the latest figures, the median price of existing apartments in Montpellier is €3,260 per m², with a decrease of -1.6% over the past year. After several years of significant growth, the market is stabilizing, although over a five-year period, an increase of +17.5% was observed, and of +28.1% over ten years. Montpellier continues to capture attention, accounting for a third of apartment sales in the department. Montpellier’s Most Popular Neighborhoods
Port Marianne Tops the List
Port Marianne remains the most expensive neighborhood in Montpellier, with a stable price of €4,260/m². Its popularity is due to its modern urban development and attractive infrastructure.
The Historic Center and Les Beaux-Arts The Historic Centerposts a price of €3,840/m², with a slight increase of +0.3%, while Les Beaux-Arts is at the same level, but with a decrease of -0.6%.
Les Arceaux Sees Strong Growth
Les Arceaux shows the strongest growth of the year with an increase of +6.3%, reaching €3,800/m², symbolizing growing interest in this residential area. Residential Neighborhoods Under the Sign of Change Areas such as Aiguelongue and Boutonnet are showing varied dynamics. Aiguelongue saw a moderate increase of +3.7%with a price of €3,720/m², while Boutonnet saw a slight decline of -2.1%to a price of
€3,730/m²
. Gares and Antigone maintained a definite momentum with respective increases of+1.6%
and
+0.3%. Stability and Decline in Mid-Range Neighborhoods In neighborhoods in transition, prices range between €3,000 and €3,400/m². The Hôpitaux-Facultés (Hospitals-Faculties) area fell by -1.3% to €3,420/m², while Gambetta remained relatively stable with an increase of +0.6%. More Affordable Neighborhoods: A Diversity of Trends The more working-class neighborhoods show significant disparities. La Chamberte recorded the largest increase with +8.2% to €2,510/m². Other areas such as Saint-Martin and Lemasson followed this positive trend, while Estanove and Les Cévennes experienced significant declines. For a more in-depth analysis of this dynamic real estate situation, discover the details of the instant reading of developments by neighborhood, and learn more about thefalling price phenomenon in Montpellier .