Enjoy your second home on the weekend, quiet, less than two hours from a metropolis. This gentleness, the French begin to take again taste. The beginning of the decade had been catastrophic for sales of second homes. Since the crisis of 2008, "selling prices have fallen everywhere by 30%, and the value of some goods has even been divided by two or three," says Olivier de Chabot-Tramecourt, general manager of the real estate group Mercure.

The global financial crisis certainly weighed on sales, but not only. The French have also gradually changed their holiday habits. They now often prefer to travel abroad rather than buy a fixed holiday home, which is sometimes expensive to maintain. "Today, these residences are gaining value in some areas, but we must say that we start from very, very low," says Patrice Besse, head of a real estate network specializing in mansions.

Drag the slider on the map for prices in each region

In 2015, according to the barometer LPI-SeLoger, The national average price of second homes was driven by three regions. Ile-de-France, with 287,700 euros. The PACA region, with 283,000 euros. And finally Aquitaine, where the purchase price reached 255,200 euros. But fifteen metropolitan areas out of 21 (Corsica is excluded from the study) actually displayed an average selling price lower than the national average, calculated at 214,600 euros. With respectively 122,000, 119,200 and 110,300 euros on average, Lorraine, Limousin and Auvergne closed the march.

Renewed interest

Since 2015, the market seems to be coming out of the water. This is in any case what appears from the data compiled in January 2019 by the barometer LPI-SeLoger *which Challenges had access in preview. In four years, the average sale price of a second home increased from 214,600 to 245,200 euros. That's an increase of more than 14%. "Our activity has become very dynamic for three years, because prices had become very reasonable," shares Olivier de Chabot-Tramecourt, Mercure.

Little upheaval in the regions in 2018. Aquitaine (303,300 euros), Provence-Alpes-Côte d'Azur (322,700 euros) and Île-de-France (341,700 euros) still treasure the podium of the regions. more expensive. At the bottom of the ranking, Auvergne (126,700 euros), Lorraine (125,900 euros) and Limousin (114,400 euros) remain the most inexpensive regions in France.

At the real estate scale, the second home remains a small market. It accounts for 4% of annual volumes of real estate sales, in a country that is yet European champion in the field. In 2018, secondary residences covered nearly 10% of the building stock according to INSEE. That's more than 3.3 million homes. "The typical profile of the buyer is a family of city dwellers who buys a property in the countryside, close to his main home," decrypts Michel Lechenault LPI barometer SeLoger. 75% of the secondary residences of the French are today less than 80 kilometers from their main residence according to this same observatory. Their owners spend an average of 40 nights a year there.

The gaps are widening

In four years, the most important price developments are mainly in the western regions. Plus 48,100 euros for Aquitaine. But also more 37,600 euros for Brittany, plus 33,500 euros for Poitou-Charente. Not to mention Picardie, up 41,600 euros. "Attractive regions remain the same, whether for primary residences or second homes," decrypts Olivier de Chabot-Tramecourt. Alsace, the Rhône-Alpes, the PACA region and the Île-de-France also benefit from the improving market.

On the other hand, a "diagonal of the void", so named by professionals, continues to see prices stagnate. This band from Limousin to Lorraine is now used as potential regions for buyers. "If you want to have fun, it's time to buy in these deserts, says Michel Lechenault.There are good deals to do because there are more offers than requests in these areas.

* Methodology: data collected on the analysis of real estate sales agreements. The LPI-SeLoger barometer covers 55% of the French market. The division of the old administrative regions was chosen for reasons of readability and precision of the study.

Enjoy your second home on the weekend, quiet, less than two hours from a metropolis. This gentleness, the French begin to take again taste. The beginning of the decade had been catastrophic for sales of second homes. Since the crisis of 2008, "selling prices have fallen everywhere by 30%, and the value of some goods has even been divided by two or three," says Olivier de Chabot-Tramecourt, general manager of the real estate group Mercure.

The global financial crisis certainly weighed on sales, but not only. The French have also gradually changed their holiday habits. They now often prefer to travel abroad rather than buy a fixed holiday home, which is sometimes expensive to maintain. "Today, these residences are gaining value in some areas, but we must say that we start from very, very low," says Patrice Besse, head of a real estate network specializing in mansions.