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14 avenue de la Costa, 98000 MonacoThe official annual real estate sales statistics in Monaco, published by IMSEE, once again confirm the solidity and long term potential of our market. The Principality shows reassuring stability and a steady growth trajectory. With rising average prices per square meter and the growing weight of family demand, Monaco reaffirms its exceptional attractiveness.
Key figures to remember:
- 493 transactions, +5.8% year on year, representing a total of €5.9 billion.
- Average price per sqm, now exceeding €57,500.
- Average sale price, now reaching €7.6 million.
- Ten year performance, values up 78% over the past decade.
- Family demand, increasing searches for 3 to 4 bedroom apartments and larger, both for purchase and rental.
Expert insight: To properly interpret the figures discussed in our article, it is essential to distinguish between two segments.
- The first, referred to here as “sales”, relates to the secondary market. These are existing properties, historically labeled by IMSEE as “resales” in its report.
- The second segment concerns new build sales, labeled “Ventes” in the report. These are properties from developments delivered in 2025.
This distinction is essential to understanding price dynamics between Monaco’s existing stock and newly delivered exceptional properties.
The Resale Market: Steady and Healthy Growth
In 2025, the secondary market shows strong health with 429 transactions, marking a 17.5% increase in one year. This renewed fluidity proves that Monaco remains a prime safe haven, capable of absorbing significant volumes while maintaining upward pressure on prices.
The total value of transactions in this segment increased by more than one billion euros, surpassing the symbolic €3.2 billion threshold for the first time. The Monte Carlo district, a true barometer of the market, leads the way, itself exceeding one billion euros in transactions alone. For investors, this steady growth, +78% over 10 years, confirms that Monaco real estate is a wealth asset with exceptional resilience, largely disconnected from fluctuations in neighboring markets.
The Family Shift: When the Whole Family Chooses the Principality
The profile of Monaco based investors has evolved. We are no longer seeing mainly individual relocations or occasional pieds à terre, today entire families are moving at the same time. This structural trend is reshaping demand, 3 to 4 bedroom apartments and larger have become the most sought after properties on the market. Demand for large, family sized homes continues to increase, both for purchase and for rental.
The 2025 figures are striking, the number of four room apartment transactions jumped by more than 50%. This pressure on larger typologies naturally drives prices upward. The average sale price, now €7.6 million, reflects this on the ground reality. Buyers are now looking for volumes that can accommodate full family life, along with services such as concierge, security, and proximity to schools, making Monaco a prime primary residence destination for UHNWI families.
On-the-Ground Expertise: Why Price per Square Meter Is Only an Indicator
While the average price per sqm now exceeds €57,500, our professional expertise allows us to add an essential nuance. In a niche market like Monaco, averages provide a useful overview, but they do not tell the whole story. Two similar apartments in the same district can show considerable price differences based on just one or two key factors, floor level, view, quality of renovation, or services included for residents.
This is where the added value of a real estate expert comes in. Each unit must be assessed on its own merits, relying on detailed knowledge of comparable transactions and market subtleties. In 2025, we observe that the scarcity of quality family oriented properties creates micro markets where prices can rise far above official averages. Savvy investors should therefore look beyond the headlines to identify assets with the strongest appreciation potential, particularly in high momentum districts such as La Rousse Saint Roman or Jardin Exotique.
The New Build Market, Prestige as a Driving Force
Finally, the new build segment, what IMSEE refers to as “sales”, continues to redefine luxury benchmarks. Although the number of transactions is naturally more limited, their value is spectacular. In 2025, the average price of a new build sale exceeded €40 million. This figure is driven by the delivery of major projects such as Bay House or Palais Ninetta in the Les Moneghetti district.
It is important to note that 80% of these sales involve four room apartments and larger. New developments now focus primarily on “villas in the sky.” However, rarer opportunities of 150 to 200 sqm still exist off plan for responsive investors. Even if overall new build volume appears lower than the record year of 2024, marked by Mareterra, it remains twice as high as 2022 levels. Confidence remains unshaken, confirming that every new square meter gained from the sea or the city instantly becomes an asset of absolute rarity. It is also worth noting that the number of new developments will be more limited over the next two years, and while opportunities still exist today, they will become increasingly exceptional.
Stability is the key takeaway from this 2025 report. With sustained price growth, rising transaction volumes, and unwavering family demand, Monaco demonstrates its unique resilience. For investors, the Principality is not only a prestige choice, it is a wealth strategy whose profitability and security are validated year after year by official figures.
Read the full report: 2025 Real Estate Observatory (source: IMSEE)
