The total number of property transfers registered in the property registers in the month of March was 200,774, which is 42.3% more than in the same month of 2020.
In the case of registered property sales, the number of transfers is 99,410, representing an annual increase of 37.5%.
85.2% of the sales registered in March correspond to urban properties and 14.8% to rustic properties. In the case of urban properties, 55.9% are sales of homes, according to data from the INE.
The number of sales of rustic properties increased 45.1% in the annual rate in March and that of urban properties 36.2%. Within the latter, sales of residential properties registered an annual increase of 32.4%. Of course, in March 2020 the whole country was in the first month of lockdown due to the pandemic so a significant increase was to be expected.
Of the homes sold in March, 21.4% were new properties and 78.6% were second-hand. The number of sales of new homes increased by 52.6% compared to March 2020 and that of used homes by 27.8%.
Results by autonomous communities
In March, the total number of transferred properties registered in the property registers per 100,000 inhabitants reached its highest values in La Rioja (1,053) Castilla y León (849) and Castilla-La Mancha (762).
La Rioja (97.2%), Cantabria (74.3%) and Madrid (66.5%) registered the highest annual variation rates.
The only Autonomous Community with a negative variation rate was the Canary Islands (–2.7%). Andalucía (34.3%) and Valencia (35.5%) registered the lowest increases.
Regarding home sales, the communities with the highest number of transfers per 100,000 inhabitants are Valencia (153), La Rioja (152) and Cantabria (145). Andalucia saw 9,043 home sales in March, an annual increase of 30.7%.
The Autonomous Communities with the highest annual increases in the number of home sales in March were Madrid (59.2%), Cantabria (56.9%) and La Rioja (55.6%).
The only Autonomous Community with a negative variation in the property sales rate was the Balearic Islands (–3.0%). The Canary Islands (2.7%) and the Region of Murcia (14.0%) registered the lowest increases.