{"id":107290,"date":"2021-03-11T05:31:17","date_gmt":"2021-03-11T10:31:17","guid":{"rendered":"https:\/\/sobarnes.com\/all-destinations\/les-yvelines-le-nouvel-eldorado-immobilier-des-parisiens\/"},"modified":"2021-05-21T06:37:00","modified_gmt":"2021-05-21T11:37:00","slug":"yvelines-the-new-real-estate-el-dorado-for-parisians","status":"publish","type":"post","link":"https:\/\/sobarnes.com\/en\/realestate\/our-recommendations\/yvelines-the-new-real-estate-el-dorado-for-parisians\/","title":{"rendered":"Yvelines: the new real estate El Dorado for Parisians"},"content":{"rendered":"<h4>The Yvelines property market has recorded a historic acceleration in early 2021, with transaction volumes, prices and flash sales skyrocketing.\u00a0 B\u00e9n\u00e9dicte Petitcol and Nicolas Moirignot, from BARNES Yvelines, give us their insight.<\/h4>\n<p>80% of the Yvelines <em>d\u00e9partement<\/em> is made up of natural spaces, forests and agricultural land, right on the outskirts of Paris. With an unparalleled variety of luxury properties, ranging from manor houses to family apartments in the historic communes in the east of the <em>d\u00e9partement<\/em> (Versailles, Saint-Germain-en-Laye, Louveciennes, etc.) and rural properties to the west and south, particularly in the Chevreuse Valley and forest of Rambouillet. In addition to the unspoilt nature, Yvelines also boasts a leading school and university network and an efficient public transport system to reach the centre of Paris in just 15 to 30\u00a0minutes.<\/p>\n<p><strong>2020 stronger than expected<\/strong><\/p>\n<p>With an average of one sale per week in 2020, BARNES Yvelines posted a solid year despite the almost complete market standstill during the first lockdown last spring.\u00a0\u201c<em>The market bounced back as of May\u00a02020, notably under the impetus of Parisians who didn\u2019t want to run the risk of being stuck without an exterior again for several weeks on end<\/em>\u201d, explains B\u00e9n\u00e9dicte Petitcol, Manager of BARNES Yvelines Nord.\u00a0The second lockdown at the end of the year caused another drop in activity, but less so than in the spring largely thanks to virtual viewings.\u00a0For Nicolas Moirignot, Manager of BARNES Yvelines Sud: \u201c<em>The popularity of the Yvelines area has been steadily growing for a number of years. As have its luxury property prices. But a clear before and after effect as of the second half of 2020 can be seen in the market<\/em>.\u201d\u00a0\u00bb<\/p>\n<p><strong>Business volumes up fivefold since 1 January 2021<\/strong><\/p>\n<p>With average prices of \u20ac8,094\/sq.m (+10.8% in 2020) for apartments and \u20ac7,327\/sq.m for houses (+14.24% in 2020), Yvelines has paradoxically benefited from a \u201cCOVID-19 effect\u201d. A trend that has continued in the first quarter of 2021. BARNES Yvelines Nord has thus seen its sales volume increase by a factor of 5.5: \u201c<em>The market acceleration we have seen at the start of 2021 is unprecedented in the last 15\u00a0years<\/em>\u201d, says B\u00e9n\u00e9dicte Petitcol<em>. <\/em>\u201c<em>Some properties attract such large numbers of calls that we have to take them down from our website within just a few hours<\/em>\u201d.\u00a0\u00bb<\/p>\n<p>Flash sales are also becoming the norm. For example, a 200\u00a0sq.m (2,153\u00a0sq\u00a0ft) house in Le V\u00e9sinet sold on the same day it was posted online, one hour after the first viewing, with no price negotiation (\u20ac1.5\u00a0million).\u00a0In Versailles, BARNES Yvelines listed a townhouse for sale near the ch\u00e2teau, for which the owner had authorised one viewing only! The result: the transaction was concluded after a single viewing, in the space of a few days, for a price upwards of \u20ac2.5\u00a0million.<\/p>\n<p>The clients are generally younger than previously, between 35 and 40 compared to 45-50 up until early 2020. Families with young children account for 70% of the client\u00e8le.<\/p>\n<p><strong>Outlooks for 2021<\/strong><\/p>\n<p>Demand is fuelled by Parisians and inhabitants of the city\u2019s inner suburbs looking to move to towns closer to nature, such as Versailles and Saint-Germain-en-Laye, while numerous inhabitants of these towns are opting to move to the west of Yvelines to take advantage of a more rural lifestyle. This criss-crossing should maintain the property market until 2022.\u00a0As demand significantly outstrips supply, the price rise observed since 2018 should continue in 2021, although a plateau may be reached in the course of the year. It is vital that vendors keep in mind that properties with no major defects sell in just a few days if listed at a fair price.<\/p>\n<p>\u201c<em>The phenomenon seen over the last few months has taken root in the long term.<\/em> <em>Yvelines is thus on track to regain its long-standing leading position held since the 17<sup>th<\/sup>\u00a0century<\/em>,\u201d\u00a0concludes B\u00e9n\u00e9dicte Petitcol.<\/p>\n<p><a href=\"mailto:laurent@sobarnes.com\">laurent@sobarnes.com<\/a><\/p>\n<p>--<\/p>\n<p><a href=\"https:\/\/www.barnes-yvelines.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">BARNES Yvelines<\/a><\/p>\n<p class=\"font-light\">48, avenue Jean-Baptiste-Cl\u00e9ment,\u00a092100 Boulogne-Billancourt - France \/ t\u00e9l. : +33 (0)1 55 61 92 88<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Yvelines property market has recorded a historic acceleration in early 2021, with transaction volumes, prices and flash sales skyrocketing.\u00a0 B\u00e9n\u00e9dicte Petitcol and Nicolas Moirignot, from BARNES Yvelines, give us their insight. 80% of the Yvelines d\u00e9partement is made up of natural spaces, forests and agricultural land, right on the outskirts of Paris. With an unparalleled variety of luxury properties, ranging from manor houses to family apartments in the historic communes in the east of the d\u00e9partement (Versailles, Saint-Germain-en-Laye, Louveciennes, etc.) and rural properties to the west and south, particularly in the Chevreuse Valley and forest of Rambouillet. In addition [&hellip;]<\/p>\n","protected":false},"author":6568,"featured_media":107243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[509,11657,11654],"tags":[22457,22652],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.4 (Yoast SEO v16.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yvelines: the new real estate El Dorado for Parisians - SoBarnes<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sobarnes.com\/en\/realestate\/our-recommendations\/yvelines-the-new-real-estate-el-dorado-for-parisians\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yvelines: the new real estate El Dorado for Parisians - SoBarnes\" \/>\n<meta property=\"og:description\" content=\"The Yvelines property market has recorded a historic acceleration in early 2021, with transaction volumes, prices and flash sales skyrocketing.\u00a0 B\u00e9n\u00e9dicte Petitcol and Nicolas Moirignot, from BARNES Yvelines, give us their insight. 80% of the Yvelines d\u00e9partement is made up of natural spaces, forests and agricultural land, right on the outskirts of Paris. With an unparalleled variety of luxury properties, ranging from manor houses to family apartments in the historic communes in the east of the d\u00e9partement (Versailles, Saint-Germain-en-Laye, Louveciennes, etc.) and rural properties to the west and south, particularly in the Chevreuse Valley and forest of Rambouillet. 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