According to the statistics on the appraised value of housing published this week by the Ministry of Development, the average price of free market housing fell by 2.4% year-on-year in the second quarter of 2021, reaching € 1,649.2 per sq.m. This is the highest value since the fourth quarter of 2019, when the price per square meter reached € 1,652.8.
If we talk about autonomous communities, only Extremadura and Castilla y León have suffered decreases in the appraised value. Extremadura had a decrease of 0.7%, with the price per sq. m being € 843.9, while in Castilla y León there was a drop of 1.2%, with the price per square meter being € 1,011.8 in the second quarter of 2021.
The rest of the communities had an increase compared to the same period of the previous year, especially in Murcia, the Valencian Community and the Balearic Islands.
The average price of free market housing increased in Murcia by 5.5% more year-on-year, with the price per square meter of up to € 1,000; in the Valencian Community it increased by 5.2%, to € 1,254.2 per square meter; and in the Balearic Islands it increased 4.8%, to € 2,443.8.
Guipúzcoa was the most expensive city, where the square meter reached € 2,751.2, the highest figure since the third quarter of 2013. On the other hand, Ciudad Real was the cheapest province in the second quarter, with an average price € 710.6 per square meter.
Therefore, in percentages, Valencia is the province that has registered the most increase, with 6.7%, up to € 1,227.1 per square meter.
The average price of free housing up to 5 years old increased 1% between April and June of this year.Compared to the first half of the year, this has risen 1.8%.
Murcia is where the increase was most noticeable (5.4%), up to € 1,175.7; while Aragon and Castilla y León have suffered drops of 2% in the average price in the second quarter.
We could say that the price of housing for more than 5 years has risen by 5.6% in Murcia and, on the other hand, in Castilla y León it has fallen by 1.2%.
In addition, according to this statistic, housing over 5 years old has risen 2.5% in the last year.