The latest data from the General Council of Notaires reveals property sales up almost 2% in Spain in April, while prices fell by 3.9% year-on-year as a national average. The council said the total of 30,758 transactions completed “reflects the stabilisation in monthly sales”
Further revelations were the average sale price in April (€1,188/sqm) and an increase in the number of mortgages available, up 12.3% year-on-year.
Appraisal firm Euroval has also provided a figure for the average Spanish home price, €200,000, though regional variations are considerable. In Barcelona, some 54% of homes for sale are offered at less than €254,000 and in Madrid, 61% of homes for sale cost less than €247,000. In cities like Alicante, on the Costa Blanca, 58% of homes have a price below €143,000.
The Euroval report also shows that sales in Spain had increased by 21.63% between 2013 and 2014.