{"id":3417,"date":"2021-08-06T13:47:36","date_gmt":"2021-08-06T11:47:36","guid":{"rendered":"https:\/\/www.marbellaforsale.com\/blog\/?p=3417"},"modified":"2021-08-06T13:47:36","modified_gmt":"2021-08-06T11:47:36","slug":"property-market-back-to-pre-pandemic-levels","status":"publish","type":"post","link":"https:\/\/www.marbellaforsale.com\/blog\/property-market-back-to-pre-pandemic-levels\/","title":{"rendered":"Property Market Back to Pre-Pandemic Levels"},"content":{"rendered":"
\"Sales

Sales in Andalucia back to pre lockdown levels<\/p><\/div>\n

In June, there was 193,000 property transfers registered in the public register.<\/strong> This is 70.5% more than in the same month of 2020.<\/p>\n

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<\/a>.<\/p>\n

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.<\/p>\n

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%<\/strong>.<\/p>\n

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%.<\/p>\n

Results by Autonomous Communities<\/h3>\n

In June the total number of transmitted properties registered in the property registers per 100,000 inhabitants reached its highest values in Castilla y Le\u00f3n (861), La Rioja (808) and Castilla \u2013 La Mancha (723).<\/p>\n

Madrid (118.8%), Arag\u00f3n (102.6%) and Castilla \u2013 La Mancha (90.9%) registered the highest annual variation rates.<\/p>\n

Galicia (10.3%), Cantabria (37.1%) and Principado de Asturias (41.5%) registered the lowest increases.<\/p>\n

In terms of registered home sales, the communities with the highest number of transfers per 100,000 inhabitants are Valencia (163), Madrid (150) and Andaluc\u00eda (148).<\/p>\n

The communities with the highest annual increases<\/strong> in the number of home sales in June were Madrid (99.3%), Arag\u00f3n (89.0%) and Andaluc\u00eda (88.4%). For Andalucia<\/a>, 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<\/strong> from the lockdown.<\/p>\n

Cantabria (24.3%), the Basque Country (29.3%) and Principado de Asturias (38.0%) registered the lowest increases.<\/p>\n\t

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