Property prices in Lyon have seen declines, with some neighborhoods experiencing drops of up to 20% since 2023, according to recent reports. This shift follows three years of market changes driven by rising interest rates. The 2026 real estate market is beginning to stabilize, with increased activity in smaller properties and the growing appeal of areas on the city's outskirts. However, selling a property quickly can be expensive for those facing life changes. For example, Philippe, a public sector employee, and Anne-Marie, a primary school teacher, sold their 70-square-meter T3 apartment in the 2nd arrondissement at a loss. They had bought the property in 2021 when prices were high and lost about 100,000 euros, highlighting the impact of the market decline. In 2026, selling a property purchased less than five years ago in Lyon results in an average loss of 12% of its purchase value, or up to 20% in certain areas such as the Presqu'île, 6th arrondissement, and Préfecture neighborhood (Lyon 3rd). Although the market has slowed since the beginning of the year, prices continue to fall, with the overall Lyon market losing another 0.46% of its value in the second half of 2026 according to notary data. However, not all areas are experiencing the same trend, with some neighborhoods still seeing price increases. The 1st district remains a competitive market, with prices decreasing by about 4% over the past year. Despite this, demand remains strong due to the neighborhood's appeal and limited supply. The average price is 4,911 euros per square meter, with small spaces such as T1 or T2 apartments being the most common. In the 2nd district, high-quality properties continue to attract buyers despite market corrections. The average price is 5,000 euros per square meter, with a mix of older buildings in the hypercenter and Ainay and newer developments in Confluence. The 6th arrondissement remains the most expensive at 5,307 euros per square meter, despite a continuous decline. Other areas have prices below 3,000 euros per square meter. In the city center neighborhoods (1st, 2nd, 4th, and 6th), which have been most affected by the decline, demand is concentrated on smaller properties such as studios, T2s, and T3s. The summer saw relatively dynamic sales, with buyers primarily young couples or single individuals, and young professionals making their first purchase. Average selling prices range between 300,000 and 400,000 euros. The market shows signs of a "catch-up effect" following a challenging spring, which was affected by the war in Iran and its impact on inflation and household morale.