In Toulouse and in the department, property prices have risen sharply in recent months. The municipalities surrounded on the outskirts of the Pink City are dressing more and more.
In a few months, Sébastien and his partner will be leaving their Toulouse apartment for a house with a garden in the Volvestre or near Pibrac. A choice motivated by the birth of their daughter and reinforced by confinement. “With a child living in the country is more fun than living in the city, even if the traffic slows me down a bit. I look at the nearby towns at a maximum of twenty kilometers, ”says the young man. Like them, thanks to the health crisis, many Toulouse residents have chosen to leave the Pink City for neighboring municipalities.
According to a study established by French notaries, the median price of old apartments jumped in most cities near Toulouse between July 2020 and June 2021. “We have found the market that we had lost. The people of Toulouse are ready to move 25 kilometers away ”, underlines the notary Philippe Pailhès.
The median price per square meter of an old apartment in Balma or the Union exceeds that of Toulouse: respectively 3,250 euros, an increase of almost 4% in one year, and 3,220 euros, against 3,130 euros for Toulouse . In addition to increasing disunity, the market has been driven by first-time buyers. “Intermediate professions and young people under 30 have been the heart of the market in recent months, the number of these buyers increased from 5 to 8%. They often have low salaries and little input. With a budget of 200,000 to 300,000 euros, they are forced to move away from Toulouse. “
In the Pink City, it’s “seen”: with a price change never of 3 to 10%, the median price per square meter of an old apartment exceeds 5,000 euros in 5 districts: Saint-Etienne (5,560 euros), Carmelites (5,360 euros), Capitole (5,350 euros), Saint-Georges (5,260 euros), and Saint-Aubin (5,070 euros).
“What matters is having a garden”
On the other hand, if the cost of old apartments has increased, this is not necessarily the case for old houses. With the exception of a few municipalities, in particular Escalquens (+14.4%), Launaguet (+ 19.4%) and Seysses (+ 18.2%). “Launaguet offers a pleasant living environment near Toulouse. From now on, people are ready to spend more time in traffic jams, what matters is having a garden ”, testifies Alexandre Roquette, director of Launaguet real estate. “In Escalquens, a lot of stagnant goods sold after confinement. The town has an attraction that towns like Ramonville or Castanet which have developed too much no longer have ”, also testifies Jean-Yves Gueguen, real estate agent.
Whether for apartments or houses, the most expensive municipality remains Balma. On average, you have to spend 433,000 euros to buy an old house. For the mayor Vincent Terrail-Novès, this can be explained by “the quality of life and the proximity to Toulouse”. “We make sure that all residents can live well regardless of the neighborhood. Anyone can stay in Balma even if it is not an acquisition. “
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Real estate in Haute-Garonne: the growing attraction of neighboring departments
A real estate fair this weekend
the Toulouse real estate fair is held at the new Rendezvous Exhibition and Convention Center until Sunday. 80 exhibitors are present (developers, real estate agents, builders, funding organizations, information and advisory organizations, etc.). Notaries, architects and lawyers are also on site to provide advice. Free 30-minute consultations are possible. Likewise, around ten conferences are offered, as well as DIY workshops.
The Toulouse real estate fair is located on Avenue de la Concorde, in Aussonne. Opening hours: 10 a.m. to 7 p.m.