Introduction

The real estate market in Marseille's 2nd arrondissement presents a unique dynamic within the Phocaean city. This central area, which includes iconic neighborhoods such as La Joliette and Le Panier, displays prices per square meter that reflect its geographical appeal and urban development potential. Analysis of 2026 data reveals significant trends that deserve close attention from investors and potential buyers.

Median Price and General Market Trends

The median price per square meter in Marseille's 2nd arrondissement stands at €3,584/sqm in 2026. This value represents a 6% decrease over one year, indicating a market adjustment after several years of growth. Nevertheless, the medium-term outlook remains positive with an 11% increase over five years, confirming the resilience of this geographical sector.

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The price range reveals a strong disparity depending on the property and its precise location. Estimates fluctuate between a low price of €2,441/sqm and a high price of €5,641/sqm, illustrating the diversity of real estate offers available in this district.

Comparative Analysis: Existing vs. New Properties

Existing Property Market

The existing (older) real estate segment shows a median price of €3,538/sqm, slightly lower than the district's overall average. This category is also undergoing a 6% correction over one year but has benefited from a remarkable 16% appreciation over five years. Existing properties range in price from €2,400/sqm to €5,146/sqm.

New Property Market

New builds stand out with significantly higher rates, featuring a median price of €5,208/sqm. The annual decline is contained at 1%, while the five-year trend shows a 19% progression. Prices for new properties range from €3,460/sqm to €8,125/sqm, reflecting the premium placed on recent construction and modern amenities.

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Property Types and Price Variations

Price by Number of Rooms

The pricing structure varies considerably according to housing configuration. Studios and one-room apartments reach the highest prices at €3,992/sqm, a classic phenomenon linked to high demand for this type of property. Two-room apartments are listed at €3,646/sqm, while three-room apartments feature a rate of €3,480/sqm.

Distinction Between Houses and Apartments

Houses in the 2nd arrondissement show a median price of €3,312/sqm, with relative stability over one year (-1%) but a strong appreciation of 36% over five years. This category presents a price range between €2,695/sqm and €4,261/sqm.

Apartments maintain a slightly higher price level with a median of €3,587/sqm. They are undergoing the same 6% annual correction but show a more moderate five-year growth of 10%. The price range extends from €2,443/sqm to €5,675/sqm.

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Geographical Analysis and Neighborhood Disparities

The district presents notable price variations by sector. Boulevard des Dames illustrates this diversity with an average price of €2,990/sqm, which is 17% lower than the district average. This street benefits from a price range between €1,700/sqm and €4,400/sqm, offering various opportunities depending on the budget.

Central neighborhoods like La Joliette and Hôtel de Ville maintain higher price levels, reflecting their attractiveness and proximity to business centers. Conversely, certain peripheral areas offer more affordable rates while retaining the advantages of a location within the 2nd arrondissement.

Investment Outlook and Recommendations

Data analysis reveals several favorable elements for investors. The current 6% annual price correction can represent an acquisition opportunity in a market undergoing adjustment. The 11% five-year growth demonstrates the fundamental strength of this geographical sector.

Factors to consider for an optimal investment include:

  • Property type: studios maintain steady demand
  • Property condition: the price gap between existing and new builds warrants careful analysis
  • Precise location: disparities between neighborhoods offer varied opportunities
  • Timing: the current period may be favorable for buyers
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Conclusion

The 2026 real estate market in Marseille's 2nd arrondissement presents a profile of temporary adjustment after several years of sustained growth. With a median price of €3,584/sqm, this sector maintains its appeal while offering diverse opportunities based on property types and specific locations. The 6% annual decline does not call into question the medium-term upward trend, confirmed by the 11% progression over five years. Investors and buyers thus have a favorable context for their real estate projects in this strategic area of the Phocaean city.

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