During March 2024, the asking price for property for sale was highest in the Illes Balears region, with €4,587 per square meter. On the opposite, for a property for sale in the Castilla - La Mancha region, only €948 per square meter is requested, the lowest value in all of Spain.
During the same month, the asking price for rental properties was highest in the Comunidad de Madrid region, with € 21.04 per month per square meter. The lowest average asking prices instead, were in the Extremadura region, with only € 6.81 per month per square meter, the lowest value nationally.
| Regions | Sale(€/m²) | Rent(€/m²) |
|---|---|---|
| Andalucía | 2,164 | 11.31 |
| Andorra | 4,557 | 19.81 |
| Aragón | 1,262 | 9.13 |
| Canarias | 2,730 | 15.57 |
| Cantabria | 1,597 | 11.49 |
| Castilla - La Mancha | 948 | 6.98 |
| Castilla y León | 1,237 | 8.28 |
| Cataluña | 2,184 | 18.03 |
| Ceuta | 1,757 | 7.47 |
| Comunidad de Madrid | 3,218 | 21.04 |
| Comunidad Foral de Navarra | 1,656 | 10.26 |
| Comunitat Valenciana | 2,129 | 10.72 |
| Extremadura | 1,092 | 6.81 |
| Galicia | 1,321 | 8.87 |
| Illes Balears | 4,587 | 16.56 |
| La Rioja | 1,558 | 8.89 |
| Melilla | 1,982 | 10.28 |
| País Vasco | 2,828 | 14.8 |
| Principado de Asturias | 1,409 | 9.01 |
| Región de Murcia | 1,691 | 7.83 |
The following charts show price trends over time of all residential property types in Spain, both for sale and for rent.
In March 2024 for residential properties for sale were asked on average € 2,129 per square meter, with an increase of 11.82% compared to March 2023 (1,904 €/m²). Over the past 2 years, the average price in Spain has reached its peak in March 2024, with a value of € 2,129 per square meter. The month with the lowest asking price was May 2022: for a property for sale were asked an average of € 1,823 per square meter.
In March 2024 for residential rental properties was asked an average of € 13.01 per month per square meter, with an increase of 15.54% compared to March 2023 (€ 11.26 monthly per square meter). Over the past 2 years, the average price in Spain has reached its peak in the month of March 2024, with a value of € 13.01 per square meter. The month with the lowest asking price was May 2022: for a rental property, was asked an average of € 10.04 per month per square meter.