In its annual review of the French vineyard property market the National Federation of SAFER reported a total of 8,800 transactions in 2010, up 1% on 2009. 14,100 hectares changed hands in 2010 for a total value of 515 million Euros, down 9% from 2009. According to the SAFER this overall decline in value was primarily due to a 50% decline in the market for properties with buildings in the Bordeaux region and a 23% decline in Rhone-Provence and 13% decline in Champagne for vineyards without buildings. In contrast the market for vineyards in the Burgundy, Beaujolais, Savoie, Jura regions rose sharply, with sales of properties with buildings increasing by 70%. The market also grew in the South West and Alsace although there was a 13% decline in the value of transactions in the Cognac region. In the Loire Valley the surface area changing hands declined but it remained stable in the Languedoc-Roussillon.
The average price for vineyard properties producing VQPRD wines was 95,200 €/ha (Euros per hectare) in 2010, a 2.2% increase on 2009. Prices ranged from an average of 11,200 €/ha in the Languedoc-Roussillon to 868,300 €/ha in Champagne. The largest rise in prices was recorded in Corsica, where the average price per hectare rose by 24%, even higher than the increase observed in 2009. Prices in the Bordeaux region saw a slight increase of 4.7%, with other regions also recording small increases although generally less than in 2009. In the Loire valley however prices fell by 2.8%. The average value of vineyards producing Vins de Pays and Vin de Table wines fell to its lowest level since 1998, at 10,600 €/ha.
Average prices per hectare in 2010 (Euros):
Rhône Valley – Provence: 34,300
Loire Valley: 23, 900
Corsica: 15, 600
South West: 12,800