Real estate prices in Honfleur are influenced by several factors, including location, property type, historical significance, and seasonal tourism patterns. Properties located within the charming historic center, particularly near the picturesque Old Harbor, can see prices ranging from €3,500 to €6,000 per square meter, driven by demand from both buyers and renters who appreciate the area’s artistic heritage and vibrant atmosphere. In contrast, homes further away from the waterfront may range from €2,500 to €4,000 per square meter, depending on their proximity to amenities like cafes, shops, and art galleries. Additionally, seasonal fluctuations play a role; during the peak tourist months, rental prices can surge, impacting the buying market as investors look for short-term rental opportunities. The local economy, supported by tourism and cultural events, also affects the market; a decline in visitor numbers can result in decreased property values, with some homes remaining unsold for extended periods. Lastly, ongoing maintenance and renovation costs for older properties can affect potential buyers' willingness to pay higher prices, especially in a town like Honfleur, which is known for its historical architecture.