Second-hand Home Prices Jump In Murcia Region

Prices Skyrocket

THE costs of lodging continues to emergence successful nan Region of Murcia, pinch second-hand spot prices expanding by 23.1 per cent complete nan past year, according to information from Fotocasa. This marks nan second-highest yearly summation among Spain’s regions.

Regional value trends

In June, nan mean value per quadrate metre successful nan region reached €1,711, 8.4 per cent higher than 3 months agone and supra nan nationalist mean emergence of 7.4 per cent.

City of Murcia sees steep rise

In nan metropolis of Murcia, prices roseate by 11.1 per cent year-on-year to €1,861 per quadrate metre, and by 5.7 per cent successful nan past 4th alone.

Spain hits 20-year high

Nationally, Spain recorded its sharpest second-hand lodging value summation successful 20 years, pinch a 14.9 per cent emergence compared to June 2024. The nationalist mean value now stands astatine €2,673 per quadrate metre.

Demand outpaces supply

Fotocasa says nan main origin is nan ongoing imbalance betwixt proviso and demand, pinch request reportedly 4 times higher than disposable supply.

Leading regions and astir costly areas

All regions saw value increases this quarter, pinch Andalucía, Valencia, and Murcia starring nan way. Baleares remains nan astir expensive, topping €5,000 per quadrate metre.

Read much Costa Calida news, articles and events here