Comparing two districts
Garavan or Cap-Martin?
Both medians below come from the same record of deeds, over the same period and by the same method. That is what makes them comparable, and it is rarer than it sounds.
Two addresses either side of the border, with close compositions. This is one of the rare pairs where the price gap really says what it appears to say.
The record
Garavan
€5,976/m²
- Sales retained
- 196
- Houses alone
- 4%
Cap-Martin
€9,472/m²
- Sales retained
- 98
- Houses alone
- 8%
Source: Demandes de valeurs foncières (DVF), DGFiP — ventes agrégées par mutation, Licence Ouverte 2.0.
The gap
Garavan comes out 37% less expensive per square metre than Cap-Martin.
What the gap does not tell you
The two districts sell property of comparable nature. In Garavan, 4% of the sales retained are of a house alone, against 8% in Cap-Martin. The price gap therefore measures something real about the market, rather than a difference in composition.
Both records in full
And for one particular property?
A median describes a district, never a house. The view, the condition, the aspect and the off-market never appear in a deed. We prepare a reasoned valuation on documents.
Request a valuationYour questions on Garavan and Cap-Martin
On the most recent record, Garavan shows a median of €5,976 per square metre and Cap-Martin €9,472, making Garavan 37% less expensive.
Broadly, yes. In Garavan, 4% of the sales retained are of a house alone, against 8% in Cap-Martin. The two districts sell property of comparable nature, so the price gap measures the market rather than the composition.