The Balearic Islands (€3,335 per sq. m.), Madrid (€2,829 per sq. m.) and the Basque Country (€2,699 per sq. m.) are autonomous communities that take a high place in the average price in the first half of 2021. This can be judged by the results of a study conducted by CoHispania. On the other hand, Castilla–La Mancha has the cheapest prices (€926 per sq. m.), followed by Extremadura (€1015 per sq. m.).
By province, the Balearic Islands are the province with the highest price, reaching €3,335 per sq. m., followed by Gipuzkoa and Madrid with €3,122 per sq. m. and €2,829 per sq. m., respectively. Three provinces of Castilla–La Mancha are among the cheapest: Ciudad Real (€769 per sq. m.), Toledo (€808 per sq. m.) and Cuenca (€822 per sq. m.).
"There is a big difference in prices between the provinces. In particular, the difference between the Balearic Islands, where the average price is the highest, and Ciudad Real, where the lowest, is 2566 euros per sq. m.," CoHispania notes.
Average housing prices from January to June showed different trends: only in four localities prices decreased, and in the rest they increased compared to last year.
Thus, the largest increase was observed:
- In the Municipality of Valencia (6.39%).
- In Extremadura (5.4%).
- In Asturias (4.84%).
On the contrary, the only settlements where there was a decrease in prices for the proposed housing:
- Ceuta (-12.65%).
- Navarre (-3.12%).
- Aragon (-1.99%).
- Basque Country (-2.21%).
"These data point to the geographical asymmetry of the Spanish real estate market," CoGispania notes.