The latest figures published by Monaco’s official statistics institute confirm the continued strength of the Principality’s ultra-prime property market.
According to the Observatoire de l’Immobilier 2025 released in February 2026 by the IMSEE (Monaco Statistics), transaction activity increased over the year while overall deal value remained close to record levels, highlighting the market’s resilience and enduring international demand.
A 5.8% surge in activity underscores investor confidence.
Monaco’s residential property market remained resilient in 2025, with transaction volumes rising despite overall deal values holding steady at near-record levels. According to the latest figures, the Principality recorded 493 transactions over the year, an increase of 5.8% compared to 2024, while the combined value of sales and resales remained stable at €5.9 billion.
Activity in the new-build segment eased from the exceptional levels seen the previous year, with 64 sales totalling €2.6 billion. However, pricing continued to climb, with the average new-build transaction reaching a record €40.8 million.
Average resale prices rise to €7.6 million, reflecting appetite for newly delivered luxury assets.
The resale market, by contrast, regained momentum. A total of 429 properties changed hands, up 17.5% year-on-year, pushing total resale volume to a new high of €3.2 billion. The average resale price rose to €7.6 million, reflecting demand for recently delivered high-end developments.
Across the Principality, the average price per square metre stood at €57,569, while the seafront district of Larvotto exceeded €70,000 per sqm, reinforcing Monaco’s position among the world’s most expensive residential markets.
Behind this headline figure, however, lies a wide range of values depending on the district, from the seafront Larvotto to areas such as Fontvieille.
For the first time, IMSEE has revised its methodology for calculating the price per square metre.
The new approach is based on a linear regression model that incorporates both new sales and resales, as well as the construction period of each property, providing a more accurate and representative picture of the market.
This methodological overhaul now allows IMSEE to produce estimates by district and by construction decade, including areas where transaction volumes are limited. Using this new framework, the institute identifies three main pricing tiers across the Principality.
Monte-Carlo takes the Lead.
Monte-Carlo recorded the strongest increase, rising 4.8% to €54,009 per sqm.
Fontvieille followed with a 4.5% gain to €52,518.
La Rousse climbed 3.2% to €51,265.
La Condamine, by contrast, posted a slight decline of 0.7%, but remained broadly in line with the group at €52,104 per sqm.
Monte-Carlo also dominated the resale market, with 164 transactions in 2025, accounting for nearly two out of five deals in the Principality. The district surpassed the €1 billion mark in annual resales for the first time, reaching €1.1 billion, up 41.5% year-on-year. For newly built properties delivered during the 2020–2029 decade, prices in Monte-Carlo now exceed €60,000 per sqm.
The third pricing tier identified by IMSEE includes Les Moneghetti at €43,797 per sqm and the Jardin Exotique at €45,168 per sqm. While comparatively more moderate by Monaco standards, these levels remain exceptional on a global scale. A decade ago, in 2016, prices in the Jardin Exotique stood at €32,835 per sqm, representing an increase of nearly 38% over ten years.
