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Comparing two districts

La Californie or Super-Cannes?

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 two hills of Cannes, which the map places side by side. The record shows why a price per square metre never suffices to compare them, since the kind of property on offer is not the same.

The record

La Californie

€6,443/m²

Sales retained
902
Houses alone
2%

Super-Cannes

€5,981/m²

Sales retained
53
Houses alone
28%

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

The gap

La Californie comes out 8% more expensive per square metre than Super-Cannes.

What the gap does not tell you

The two districts do not sell the same thing. In La Californie, 2% of the sales retained are of a house alone, against 28% in Super-Cannes. With a difference in composition that sharp, the two prices per square metre do not describe the same market, and a price does not tell you what you are buying.

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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