Propriétés de France, March/April 2019

Propriétés de France, March/April 2019

Alexander Kraft, CEO of Sotheby's International Realty France Monaco

Alexander Kraft gives us an exceptional statement of results for the year 2018. Our 50 agencies have taken 3492 new mandates, at an average selling price of 2.43 million euros, for an inventory of prestige goods of a value of over 8.18 billion euros ... proof that high-end goods in France are doing very well. 

Moreover, the pace of sales has reached a speed never seen. During the second and third quarters of 2018, quality goods at the right price were sold in less than 24 hours, a phenomenon known especially in London or New York during the boom years! 

Paris has undoubtedly been the most active market in France. Taking advantage of low interest rates and the continued dynamism of the market, buyers had a much higher budget than 2017: almost 50% increase over one year. 

Discover the analysis of the market by our CEO in the article of Properties of France, March / April 2019.