Sales in Andalucia back to pre lockdown levels
In June, there was 193,000 property transfers registered in the public register. This is 70.5% more than in the same month of 2020.
In the case of property sales, the number of transactions reached 100,204, an annual increase of 82.5%, according to data from the INE.
84.9% of the sales registered in June corresponded to urban properties and 15.1% to rustic properties. In the case of urban properties, 56.7% relate to sales of residential property.
The number of sales of rustic properties increased 97.7% in the annual rate in June while the number of sales of urban properties increased 80.1%. Within the latter, home sales registered an annual increase of 73.5%.
19.4% of the homes sales transferred in June were new and 80.6% were second-hand homes. The number of transactions on new homes increased by 71.0% compared to June 2020 and that of used homes by 74.1%.
Results by Autonomous Communities
In June the total number of transmitted properties registered in the property registers per 100,000 inhabitants reached its highest values in Castilla y León (861), La Rioja (808) and Castilla – La Mancha (723).
Madrid (118.8%), Aragón (102.6%) and Castilla – La Mancha (90.9%) registered the highest annual variation rates.
Galicia (10.3%), Cantabria (37.1%) and Principado de Asturias (41.5%) registered the lowest increases.
In terms of registered home sales, the communities with the highest number of transfers per 100,000 inhabitants are Valencia (163), Madrid (150) and Andalucía (148).
The communities with the highest annual increases in the number of home sales in June were Madrid (99.3%), Aragón (89.0%) and Andalucía (88.4%). For Andalucia, this figure translates as 9,945 home sales in June. This figure is 9.2% higher than the sales recorded in May 2019 (9,100), before the pandemic, showing that the property market has fully recovered from the lockdown.
Cantabria (24.3%), the Basque Country (29.3%) and Principado de Asturias (38.0%) registered the lowest increases.
