Real estate in Toulouse: from the hypercentre to the suburbs, here are the prices district by district

Here are the real estate prices in Toulouse, district by district (data as of June 30, 2022). (©Archives/News Toulouse)

Price increases continue to Toulouse but at a slower pace than in previous years.

An increase of 2.3% over one year

According to the latest data provided by the notaries of Haute-Garonne, Tuesday September 27, 2022, the median price of m2 at Toulouse (in the old apartment) is 3,210 euros, i.e. an increase of 2.3% over one year (for a period between 1er July 2021 and June 30, 2022).

This increase is more marked on the scale of Haute-Garonne (+4.9% over one year), a department where the number of sales remains very high: 15,100 old apartments were sold during the first two quarters of 2022… unheard of in 10 years!

“Sales volumes remain high, even exceptional,” notes Me Frédéric Giral, president of the Chamber of Notaries… who however believes that this will not last. “One of the effects that we can fear today is the drying up of supply,” he notes.

Toulouse, 7e on a national level

In terms of price, Toulouse now ranks in seventh position among municipalities with more than 150,000 inhabitants (outside Paris). Prices in the Pink City thus remain more affordable than in Lyon, Bordeaux, Nice, Nantes, Lille, and Rennes, but less than in Strasbourg, Montpellier or Marseille.

While the apartments represent “the bulk of the market” in Toulouse, the price curve is flattened in the Pink City compared to certain prefectures of Occitania where prices are soaring: like Rodezin Aveyron (+11%), Montaubanin Tarn-et-Garonne (+10.1%) and above all Cahorsin the Lot (+17.5%)!

“There is clearly population displacement effect which is boosting the market, especially for Montauban, where new residents are still working in the Toulouse conurbation,” estimates Frédéric Giral.

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The glass ceiling reached in the hypercentre?

In the Pink City, have the districts of the hypercentre reached their ” glass ceiling “ in terms of price?

This is what notaries think, for whom Toulouse remains a city with a local market, and not investors: “Beyond a certain price, there are no more customers”. This has been unheard of for many years, certain sectors of the hypercentre are seeing their prices drop. The most dramatic drop is at Carmeliteswhere prices fell by 4.6% compared to 2021. To a lesser extent, prices also fell in Saint-Etienne, Capitole, or Saint-Aubin.

Conversely, in certain suburban districts, prices continue to rise, as in Saouzelong-Rangueil (+11%, “a district that is constantly and regularly rising”) or Bridle (10.7%).

“Some of the inhabitants have left the hypercentre for the suburbs or the first crown, abandoning their apartment for a house a little further from the centre”, estimates Frédéric Giral. The market for old house is also on the rise in Toulouse: the median price for a house is 382,100 euros, or more than 22,000 euros compared to 2021 (up 6.1%). If the house market is active in Toulouse, some cities in the first ring also benefit, such as Saint-Jean, Plaisance-du-Touch or L’Union.

Prices in your area

Here are the prices in Toulouse, district by district, in the old apartment:

  • Saint Etienne : €5,420/m2 (-2.4% over one year)
  • Saint Georges : €5,290 (-1%)
  • Capitol: 5260 euros (-1.5%)
  • Carmelites: €5,120 (-4.6%)
  • Saint-Aubin/Dupuy: €5,000 (-1.6%)
  • The cottages : 4990 euros (3.7%)
  • Matabiau: €4,750 (-0.4%)
  • Saint Cyprien: 4680 euros (3.2%)
  • The Busca: 4630 euros (2.2%)
  • Arnaud Bernard: €4,590 (-0.6%)
  • Saint Michel : 4270 euros (2.3%)
  • Starch makers: 4270 euros (5%)
  • companions: 3950 euros (1%)
  • Bridle : 3950 euros (10.7%)
  • Horseshoe : 3840 euros (2.8%)
  • Paved side: 3710 euros (1.5%)
  • Jules-Julien: 3660 euros (-1.1%)
  • Saint-Agne: 3590 euros (1.4%)
  • Guilhemery: 3570 euros (5.6%)
  • Rangueil – CHR – Faculties: 3410 euros (0.9%)
  • Marengo-Jolimont: €3,370 (-3.6%)
  • Seven Coins: 3310 euros (0.2%)
  • Bridge of the Demoiselles: €3,300 (-6.8%)
  • Casselard says: 3290 euros (7.2%)
  • Minimal: 3280 euros (4.5%)
  • Bonnefoy: 3240 euros (2.4%)
  • Pouvourville: 3200 euros (6.1%)
  • The terrace : 3140 euros (4.8%)
  • Castle of Hers: 3050 euros (3.4%)
  • Larden: 2980 euros (1%)
  • Saouzelong-Rangueil: 2970 euros (11%)
  • Arenas: 2960 euros (2.9%)
  • Montaudran-Lespinet: 2910 euros (2%)
  • Saint-Martin-du-Touch: 2810 euros (8.8%)
  • Juncasse-Argoulets: 2770 euros (6.7%)
  • Employ: 2750 euros (insignificant change)
  • Paris barrier: 2740 euros (1%)
  • Basso Cambo: 2720 ​​euros (3.4%)
  • Stone Cross: 2670 euros (5%)
  • Sea bream cross: 2600 euros (3.3%)
  • Purpan: 2600 euros (3.2%)
  • The land : 2550 euros (5.4%)
  • Saint Simon: €2,460 (-0.4%)
  • La Cepiere: €2,420 (-3.2%)
  • The Izards: €2,320 (-0.8%)
  • Fontaine-Lestang: 2320 euros (insignificant change)
  • The Pradettes: 2290 euros (2.2%)
  • Souper: 2170 euros (-6.6%)
  • Rose garden: 2160 euros (9.5%)
  • The Fourguette: 2090 euros (2.6%)
  • Beautiful fountain : 1490 euros (insignificant change)
  • LaFaourette: 1480 euros (insignificant change)
  • Papus: 1420 euros (+13.5%)
  • Reynerie: 1400 euros (6.6%)

Top 10 rising neighborhoods

The palm of the highest price increases goes, in order, to Papus (+13.5%), Saouzelong-Rangueil (+11%) and Patte d’Oie (10.7%). It should be noted that in Papus and La Reynerie, prices are certainly increasing but sales volumes are lower there than elsewhere. “These are still low-priced neighborhoods that provide access to property,” emphasizes Frédéric Giral.

Here are the top 10 neighborhoods where the price increase is the most marked in Toulouse (for old apartments):

  • Papus (+13.5%)
  • Saouzelong-Rangueil (+11%)
  • Bridle (10.7%)
  • rose garden (9.5%)
  • Saint-Martin-du-Touch (8.8%)
  • Casselardit (7.2%)
  • Juncasse-Argoulets (6.7%)
  • Reynerie (6.6%)
  • Guilhemery (5.6%)
  • The land (5.4%)

The other districts up by more than 3% compared to 2021 are: Amidonniers and Croix de Pierre (5%); The Terrace (4.8%); The Minimes (4.5%); Cottages (3.7%); Basso-Cambo and Château de l’Hers (3.4%); Croix-Daurade (3.3%) and Saint-Cyprien (3.2%)

The top 10 declining neighborhoods

Conversely, the districts that have lost the most between 2021 and 2022 are Pont des Demoiselles (-6.8%), Soupetard (-6.6%) and Carmes (-4.6%).

  • Bridge of the Demoiselles (-6.8%)
  • soupard (-6.6%)
  • Carmelites (-4.6%)
  • Marengo-Jolimont (-3.6%)
  • La Cepiere (-3.2%)
  • Saint Etienne (-2.4%)
  • Saint-Aubin/Dupuy (-1.6%)
  • Capitol (-1.5%)
  • Jules-Julien (-1.1%)
  • Saint Georges (-1%)

(With Anthony Assemat)

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