Overview
- Spain’s second‑hand housing prices rose 20.5% in 2025 to €2,879 per m², the steepest annual increase in Fotocasa’s 20‑year series.
- Murcia posted the largest regional jump at 29.6% to €1,924 per m², with sharp municipal rises such as La Manga del Mar Menor (+46.8%) and San Javier (+45.9%).
- The Canary Islands climbed 21.3% to €3,319 per m², while the Balearic Islands (€5,267 per m²) and Madrid (€5,206 per m²) recorded the highest prices.
- València’s new‑build market shows acute scarcity, with average prices above €4,000 per m² and only 137 plurifamily units available, according to the UPV housing observatory.
- Eurostat reports Spain’s Q3‑2025 home prices up 2.9% quarter‑on‑quarter and 12.8% year‑on‑year, outpacing the euro area’s 1.6% and 5.1%.