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Used Housing Prices Increased in June

Prices fell in eight communities in June
Used Housing Prices fell in eight communities in June

Prices fell in eight communities in June

The price of second-hand housing in Spain registered an increase of 1.1% during June, bringing the average per square metre to 1,664 euros. When compared to the same month in 2017 (1,554 euros), the year-on-year increase is 7.1%, according to the latest data from idealista.

Autonomous Communities

Prices fell in eight communities in June. The biggest drop was seen in La Rioja, where owners are now asking 1.2% less. It was followed by falls in Extremadura (-0.6%), and Cantabria and Galicia, which both saw prices fall by 0.5%. At the other end of the table we see Madrid recorded the greatest increase with prices rising by 2.3%. The Canary Islands and Catalonia also saw prices rise by 2.2% and 1.8%, respectively.

Madrid is the most expensive autonomous community with an average cost per square metre of 2,868 euros. Next are the Balearic Islands where the average has reached 2,653 euros/m². In Euskadi, prices grew to reach 2,528 euros/m².

In Andalucía, the average price per square metre reached 1,484 euros in June, 0.6% more than in May.

The cheapest communities were Castilla La Mancha (906 euros/m²), Extremadura (920 euros/m²) and Murcia (1,027 euros/m²).


21 provinces saw the price of used housing increase in June. The greatest increase was seen in Las Palmas (2.8%). This was followed by Madrid (2.3%), Barcelona (2%), and Guipúzcoa (2%). The biggest fall was seen in Ávila where prices fell by 2.6%. Price drops were also seen in Teruel (-1.6%) and Lleida (-1.5%).

The average price of used property for sale in Málaga increased by 1% in June, to reach 2,034 euros per square metre.

The ranking of the most expensive province is led by Madrid. In second place is Barcelona (2,787 euros/m²), with third place going to Guipúzcoa (2,783 euros/m²).

Ávila is the cheapest province for second-hand housing with an average cost per square metre of 786 euros. They are followed by Toledo (789 euros/m²) and Ciudad Real (846 euros/m²).

Provincial Capitals

During June, the number of capitals to see a price rise was 31. The most pronounced rise was seen in Santa Cruz de Tenerife where owners are now asking 5% more than in May. In Girona, the increase was 3.6%, while in Toledo prices grew by 2.9%. In Madrid, prices increased by 1.8%, while in Barcelona they fell by 0.2%. Ávila, on the other hand, registered the biggest fall with a drop of 3%, followed by Teruel (-1.8%) and Logroño (-1.5%).

Barcelona remains the most expensive city in Spain, with an average cost of 4,400 euros/m², followed by San Sebastián (4,279 euros/m²) and Madrid (3,759 euros/m²). Avila, on the other hand, is the most economical at 907 euros/m², followed by Lleida (944 euros/m²) and Castellón (1.025 euros/m²).