Andalucia Top For Home Sales in October

Here you will find news, views, events and information relating to real-estate in Spain.

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Andalucia Top For Home Sales in October

Andalucia still popular with home buyers

In Spain, there was 156,875 property transfers registered in the property registers in October. This is 8.2% less than in the same month of 2019, according to figures released by the INE. Of those transfers, 77,536 related to property sales/purchases, an annual decrease of 11.6%. Of those sales, 84.2% were in regard to urban properties, Continue Reading

Price of Used Housing Increased in November

Madrid is most expensive community for housing

Used house prices in Spain increased by 1% when compared to the previous month to reach an average price of 1,877 euros p/m². The annual variation of +0.7% is the first monthly interannual increase following 11 months of year-on-year drops (since December 2019). “The market for housing for sale has been very dynamic and agile Continue Reading

Housing Sales Increased in September

Andalucia saw a 6.5% increase in home sales

Property sales in Spain showed an annual increase of 5.4% in September, rising to 79,157 sales. Sales of housing reached 37,839 transactions. This shows a -1.1% reduction when compared to September 2019. However, on the monthly variation, home sales increased 20.5% when compared to August 2020, according to figures from the INE. 83.7% of the Continue Reading

Second-Hand House Prices Up in October

Average price per m in Andalucia is 1,642€

In October, the price of second-hand housing in Spain increased by 0.8% when compared to the previous year, and fell by 1.7% when compared to September. This puts the average price of second-hand housing at 1,859 euros p/m². This marks the eleventh monthly fall. The most recent positive monthly variation was seen in November 2019. Continue Reading

Home Sales Down 12% in August

New Home sales increased 6.4% in August

In August, the number of home sales in Spain fell by 12.1% when compared to August 2019. Considering what the country has been through in recent months this is not a big fall and is far smaller than many expected. This also shows that the property market is resilient and is recovering well from the Continue Reading

House Prices See Slight Fall in July

Madrid is the priciest housing

The price of second-hand housing in Spain fell by -0.7% year-on-year in July. This places the average cost per square metre at 1,888 euros. The national average is a massive 38% lower than the average in Madrid! Thirteen autonomous communities presented positive monthly data in July. The community with the highest increase in second-hand house Continue Reading

Property Market Shows Positive Signs in June

Buyers are coming back to the property market

As the country starts trying to get back to some sense or normality following lockdown, the property market recovered slightly. In June, there were 112,383 property transfers registered. Although this represents a 37.1% increase when compared to May, it is still 33% lower than in June 2019. When looking only at the sale of homes, Continue Reading

New Buyers Could Save Property Market

Property viewings have changed lately

The latest property sales data released by the INE for April 2020, shows a decrease of 39.2%, more than double the 18.6% fall we saw in March. This is of course due to the state of alarm introduced across Spain in March to control the coronavirus and the figures do not come as a surprise. Continue Reading

COVID-19 Hits Sales Figures in March

Empty beaches, empty real estate offices!

Figures released by the INE this week reflect the predicted decline of property sales in March with an 18.6% fall. This followed the return to positive monthly variations in February after six consecutive months of falls. Of course, the fall in March is a direct result of the declaration of a state of alarm by Continue Reading

Home Sales in Spain Slow in February

Andalusia saw 8,882 home sales in February

In February 2020 there were 89,710 property sales registered in the public records. This represents a fall of 1.1% when compared to February 2019. When compared to the previous month the variation is -0.5%, according to figures released by the INE. In terms of home sales, there was 44,104 registered sales recorded in the registers. Continue Reading