Real Estate: DVM by Urban Area of the City in France 2019| ��ƽ��

Median sale time (MST) in the real estate sector in France in 2019, by the urban area of the city (in days)

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Release date

September 2019

More information

Region

France

Survey time period

2019

Supplementary notes

: an urban area or "large urban area" is a group of municipalities, contiguous and without enclaves, consisting of an urban center (urban unit) with more than 10,000 jobs, and rural municipalities or urban units (suburban ring) where at least 40 percent of the employed resident population works in the center or in municipalities attracted by it.

The source adds the following information: "Expressed in number of days, the time between the listing (publication of the announcement) and the withdrawal from the market (disappearance of the announcement following the signing of a sales agreement) of more than half of the properties in a given area.
Calculation performed over a rolling 3-month period based on the opening and closing dates of the listings previously deduplicated, as well as transaction reports made by real estate agencies present on the MeilleursAgents platform."

Citation formats

This statistic illustrates the median time on market (MTM) in the real estate industry in 2019 in France, according to the urban area of the city. It shows that in that year, an average of *** days were needed to sell a property in the urban area of Bourges. Conversely, in the urban areas of the cities of Lyon, Nantes, Lille, and Brest, less than ** days were on average required to sell a property.