Garavan or Cap-Martin?

On the most recent record, Garavan shows a median of €6,036 per square metre and Cap-Martin €9,221, making Garavan 35% less expensive.

Garavan and Cap-Martin — is it the same market?

Broadly, yes. Garavan: 4% of the sales retained are of a house alone. Cap-Martin: 9%. The two districts sell property of comparable nature, so the price gap measures the market rather than the composition.

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The record

Garavan

€6,036/m²

Sales retained: 208
Houses alone: 4%

Cap-Martin

€9,221/m²

Sales retained: 106
Houses alone: 9%

Source: Demandes de valeurs foncieres (DVF), DGFiP — ventes agregees par mutation, Licence Ouverte 2.0.

The gap

Garavan comes out 35% less expensive per square metre than Cap-Martin.

What the gap does not tell you

The two districts sell property of comparable nature. Garavan: 4% of the sales retained are of a house alone. Cap-Martin: 9%. 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.

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