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The price of used homes for sale continues to rise and rose 0.4% in January

The price of used homes in Spain has risen by 0.4% during the month of January, standing at 1,786 euros / m2, according to the latest idealist real estate price index. If we look at the last quarter, the price has risen by 2% and if we look at the January 2020 data, the year-on-year rise is 1.6%.

Autonomous Communities The price rose in January in 14 Spanish regions. Andalusia and Catalonia (0.7% in both cases) lead the rises.

They are followed by increases in Madrid, the Basque Country, Asturias and Murcia (0.5% in all four regions); Castilla-La Mancha, Castilla y León and La Rioja (0.4% in the three autonomous communities);

Cantabria, Valencia and Extremadura (0.3% in all three cases), Galicia (0.2%) and the Balearic Islands (0.1%). CA -

The idealist real estate price index For the realization of the idealistic real estate price index the offer prices (on constructed square meters) published by the idealist advertisers are analyzed. They are removed from the statistics of atypical ads with off-market prices. We include the type of single-family housing (villas) and discard properties of any type that take a long time in our database without user interaction. The final data is generated using the average of all valid ads in each market.

Source: Idealista.com