Published by Statista Research Department, May 22, 2024
The average square meter price of new residential real estate in Spain was the highest in Catalonia and the Community of Madrid in 2023. In the second quarter of the year, both regions boasted home prices of over 4,000 euros per square meter. That was substantially higher than the average for the country, which amounted to 2,809 euros per square meter. Overall, house prices in Spain have been on the rise since 2016.
Average house price in Spain in 2nd quarter 2023, by region (in euros per square meter)
| Characteristic | Price in euros per square meter built |
|---|---|
| Catalonia | 4,473 |
| Community of Madrid | 4,269 |
| Basque Country | 3,112 |
| Spain | 2,809 |
| Balearic Islands | 2,549 |
| Navarre | 2,155 |
| Cantabria | 2,116 |
| Aragon | 2,087 |
| Andalusia | 1,972 |
| Region of Valencia | 1,939 |
| Galicia | 1,795 |
| Castile and Leon | 1,791 |
| Asturias | 1,785 |
| Canary Islands | 1,779 |
| La Rioja | 1,574 |
| Castile-La Mancha | 1,553 |
| Murcia | 1,410 |
| Extremadura | 1,302 |
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