Housing prices rise 3.5% quarter-on-quarter and are 13% higher year on year
Spain’s housing market closed 2025 with strong upward momentum, as prices continued to rise across both major employment hubs and key coastal and tourist areas. According to the latest Tinsa IMIE Local Markets Q4 2025 report, the average price of new and resale property in Spain reached €2,091/m² — up 3.5% compared with the previous quarter and 13.1% higher than a year earlier. Even after adjusting for inflation, prices still show a solid 10% annual increase. Overall, 2025 proved to be a notably dynamic year for the market. Average housing prices grew by 10.7% in nominal terms — nearly three times the growth recorded in 2024. Of Spain’s 52 provincial capitals, 20 registered annual price increases above 10%, with Madrid standing out in particular: property in the capital is now 20.9% more expensive than it was a year ago. Within the city, the Arganzuela district has surpassed €5,000/m² for the first time, joining traditionally premium areas such as Salamanca, ChamberÃ, ChamartÃn, Centro...
