Overview
- Fotocasa reports the national average reached €2,879 per m² in December, up 20.5% year over year, the steepest rise in its 20-year series.
- The Región de Murcia posted the largest annual increase, with prices up 29.6% to €1,924 per m².
- In the Canary Islands, prices climbed 21.3% to €3,319 per m², led by Santa Cruz de Tenerife at +22.7% (€3,668 per m²) and Las Palmas at +19.3% (€2,777 per m²).
- By price level, the Balearic Islands (€5,267 per m²) and Madrid (€5,206 per m²) were the costliest markets, followed by País Vasco, Canarias and Cataluña.
- Fotocasa situates the 2025 surge within a market shift that started in 2023 and consolidated in 2024.