Comparing two districts
La Californie or La Croisette?
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.
The hill against the seafront, within the same town. Two different products under one name, and two clienteles who are not looking for the same thing.
The record
La Californie
€6,443/m²
- Sales retained
- 902
- Houses alone
- 2%
La Croisette
€9,000/m²
- Sales retained
- 203
- Houses alone
- 0%
Source: Demandes de valeurs foncières (DVF), DGFiP — ventes agrégées par mutation, Licence Ouverte 2.0.
The gap
La Californie comes out 28% less expensive per square metre than La Croisette.
What the gap does not tell you
The two districts sell property of comparable nature. In La Californie, 2% of the sales retained are of a house alone, against 0% in La Croisette. 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 La Californie and La Croisette
On the most recent record, La Californie shows a median of €6,443 per square metre and La Croisette €9,000, making La Californie 28% less expensive.
Broadly, yes. In La Californie, 2% of the sales retained are of a house alone, against 0% in La Croisette. The two districts sell property of comparable nature, so the price gap measures the market rather than the composition.