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Tag Archives: prices

Used House Prices Up 2.7% in Second Quarter

Compared to Q2 2017, the increase is 7%

Second-hand house prices in Spain increased 2.7% during the second quarter of 2018. This rise puts the average cost of a square metre at 1,644 euros, according to the latest figures from idealista. Looking at the annual variation, the increase is 7%. Madrid, Barcelona and the Islands lead the ranking. “The recovery of the economy Continue Reading

House Prices Much Higher Than Buyer Budgets

Buyer budgets falling short of prices

The average Spanish property buyer has a budget of 166,000 euros, a figure that falls short of the average house price in Spain, which is currently 241,145 euros. This means there is a 69% gap making it hard for Spaniards to get on the property ladder. The average Spanish buyer is looking for a property Continue Reading

Second-Hand House Prices Up in May

Used House Prices up 0.8% in May

Second-hand house prices in Spain increased in May with a 0.8% increase over April. This brings the average price per square metre to 1,645 euros, according to the latest price index from idealista. When comparing to the previous year, when the average price was 1,526, the year-on-year increase is 7.8%. Autonomous Communities Prices fell in Continue Reading

Costa del Sol Q4 Home Sales 2004-2017 Year End

The final 2017 figures are in and they show that it was a great year for home sales in some areas and not so great for others. This article follows on from one I wrote following the release of the Q1 figures, which you can find here. Firstly, here are the home sales figures for Continue Reading

Second-Hand House Prices Up in April

price ranking by autonomous community

Second-hand house prices in Spain stood at an average of €1,765 p/m² in April, an increase of 0.7% when compared to March. This confirms that the price of second-hand housing is stable and is fluctuating only slightly month to month. With respect to the annual variation, the price in April represented an increase of 5.4% Continue Reading

Used Housing Prices Up 2.2% in First Quarter

Used property prices increased 2.2% in Q1

The price of used housing in Spain increased by 2.2% in the first quarter of the year. This brings the average price of a square metre to 1,621 euros, according to the latest idealista price index. When compared to the same period in 2017, the variation is +7.1%. Head of idealista studies, Fernando Encinar, says Continue Reading

Used Property Prices Up 2.21% in February

The average price of second-hand housing in Spain in February was 1,574 euros per square metre. This represents a fall of -0.06% compared to January, when the price per unit area was 1,575 euros. When compared to February 2017 the variation was +2.21%. According to Ferran Font, director of studies at pisos.com, “recovery is a Continue Reading

Used Property Prices Still Increasing

Prices increased 1.1% in Malaga, in January

It’s February already! How did that happen? All pointers at the end of last year suggested we would see a good 2018 and it has certainly started well. Used property prices in Spain registered a monthly increase of 0.7%, to stand at 1,597 euros p/m². When compared to January last year (1,508 euros p/m²), the Continue Reading

“Capitals and large cities” Top House Price Increases

The Mediterranean Coast was hit hardest by the crisis

The Tinsa IMIE General Index and Large Markets, which is calculated from the appraisals of finished housing (new and used), collects each month the interannual variation of the value of a m² of property and its level with respect to 2001 (base 1,000) in five representative areas that make up the housing market: “Capitals and Continue Reading

Used Housing Prices Up 2.4% in 2017

The Balearic Islands saw the biggest rise in 2017

The price of used housing in Spain registered a small year-on-year increase in 2017. Prices rose 2.4% in the last 12 months to reach an average of 1,586 euros/m². Fernando Encinar, head of idealista studies, said “If 2016 was a turning point in the evolution of the market, in 2017 we would have to talk Continue Reading