Real estate market situation - Versailles

Versailles, another life at the gates of Paris

Versailles, an emblematic city in the history of France. World-renowned for its prestigious palace, its architecture, and its French gardens, it is a must-see tourist destination in the outskirts of the capital. But Versailles is above all a place where life is good. With neighborhoods reminiscent of villages, numerous high-quality shops, a rich and lively cultural scene, and high-level schools, Versailles offers all the advantages of a big city in an exceptional natural setting. Sought after for its elegant and spacious houses, its classical-style old buildings, and the surrounding forests, it is now one of the favorite destinations for Parisian families in search of space, tranquility, and security. The ten expert consultants of BARNES Versailles and their Director Nicolas MOIRIGNOT take you on a stroll through the streets and countryside of the former royal residence.

Versailles and its historic center

Located 20km west of the capital, Versailles is set in the exceptional environment of the Southern Yvelines, one of the most beautiful natural settings in the Paris region. In search of a better quality of life close to their workplace, more and more Parisians are choosing to settle here. The historic heart, Versailles, and the five train stations connecting it to Paris attract urbanites. Its prestigious educational institutions (Lycée Hoche, Classe Préparatoire Sainte Geneviève) attract families who naturally settle in the city center.

At the forefront of requests are micro-districts with a village atmosphere, prized for the classic elegance of their buildings and private mansions. St Louis and Notre Dame are particularly appreciated for the quality of their shops and restaurants. Next come Les Prés, central and calm, Clagny, close to all amenities, striking the perfect balance between calm and animation, l'Ermitage, spacious and green, or finally Montreuil, close to train stations and recently favored by a younger, more bohemian Parisian clientele. Further north, Glatigny, a residential area by nature, enchants city dwellers in search of greenery.

After five years of continuous growth, the Versailles real estate market has repositioned itself and seems to be stabilizing after a 8 to 10% decrease in prices. It also confirms a Parisian truth: flawless properties do not experience crises. With an average price of €8500 / m2 and peaks of over €12,000 / m2 for exceptional properties, the ultra-center fails to satisfy all demands. The old apartment with elevator remains a rare gem, properties with terrace or garden are still lacking, and land is unavailable.

Surroundings of Versailles

Forests, fields, within thirty minutes of Paris, it is possible to experience real country life.

To the west of Versailles, Bailly, Noisy le Roi, Saint-Nom-la-Bretèche, l'Étang-la-Ville, and Feucherolles are particularly sought-after character villages for their exceptional natural environment. For a property of approximately 200 to 250 m2 set on a plot of 1000 m2, budget between €1,200,000 and €1,400,000.

To the north of Versailles, with greater notoriety due to its Westfield/Parly 2 shopping center, Le Chesnay displays prices of up to €2,000,000 for equivalent properties. Appreciated for the quality of its shops and schools, it is liked for its leafy residential neighborhoods and its beautiful properties.

Closer to Paris, Bougival or La Celle-Saint-Cloud offer an attractive compromise between city life and provincial elegance. It is also the preferred area for investors in search of properties over 500 m2 and large estates. Finally, just 17 km from the Porte de Versailles and for a budget comparable to the western area of Versailles, the towns of Jouy-en-Josas, Les Loges-en-Josas, and Buc benefit from the old charm of villages, their green setting, and all amenities. Unique assets, Jouy-en-Josas is home to the prestigious HEC campus, near the École Polytechnique on the Saclay plateau. The town of Buc is also in high demand for its famous Franco-German high school.

Our favourite - Notre-Dame/Les Prés

CONTEMPORARY LINES

In the heart of Notre-Dame/Les Prés, Versailles' most sought-after district, just a short walk from Versailles Rive-Droite station (Line L Saint Lazare/La Défense), Place du Marché and Rue de la Paroisse, come and discover this sublime millstone house of more than 340 m² spread over three levels. You'll love its top-of-the-range features, spacious layout and 410 m² of grounds with terrace, garden and parking space.

See the property