According to the data of the real estate portal Hogaria.net for the month of November, the price of used homes for sale rose by 0,3% with respect to the month of October and at the interannual rate it stands at +0,6%. During the month of November 32 provinces rose in price compared to the previous month.

The November report highlights a new rise in the price of second-hand housing nationwide, they chain 5 consecutive months of rise. Optimism continues in the market despite the decline in sales and owners, for the moment, they have not lowered the prices, quite the contrary. They predict that the price will end the year with a rise around the 1%, despite the pandemic.

The real estate portal Hogaria.net observe a new rise in the price of used homes for sale during the month of November compared to October. The average price of the square meter of the used home for sale is located in 1.722 Euros versus 1.717 Euros that ended October.

Ranking of the most expensive / cheapest provinces to buy a home in the month of November

Balearic Islands (3.205€/m2), Barcelona (3.130€/m2) and Guipúzcoa (3.029€/m2) are the provinces where it is more expensive to buy a second-hand home, Vizcaya follows (3.020€/m2) and Madrid (2.809€/m2). Conversely, Real city (1.129€/m2), Lion (1.137€/m2), Palencia (1.156€/m2), Badajoz (1.189€/m2) and Ourense (1.251€/m2) are the provinces where the price per square meter is cheaper.

Provinces and capitals that have dropped / increased the most in price during the month of November

The Spanish provinces in which house prices fell the most during the month of November were: Albacete (-0,9%), Jaén (-0,7%), Tarragona (-0,6%), Cádiz (-0,5%) and Huesca (-0,5%). Conversely, the provinces with the highest price increases were: Badajoz (1,4%), Cuenca (1,4%), Ourense (1,3%), Cáceres (1,1%) and Burgos (1,1%).

The provincial capitals that fell the most in price during the month of November were: Ávila (-1,1%), Sevilla (-0,9%), Barcelona (-0,6%), Bilbao (-0,4%) and Sta. Tenerife cross (-0,3%). On the contrary, the capitals that rose the most in price were: Badajoz (1,1%), A Coruña (0,4%), Madrid (0,3%), Málaga (0,2%) and Cádiz (0,2%)

What has happened in the big capitals during the month of November?

Analyzing the prices of the month of November in Madrid and Barcelona Capital, Madrid uploads a 0,3% and Barcelona drops a 0,6%. The average price per square meter is located in 3.672 Euros in Madrid and 3.601 Euros in Barcelona. Examining by District, in Madrid: Salamanca, Chamartín, Chamberí and Retiro are the districts with the highest average price per square meter (5.229 Euros) and in Barcelona: Eixample, Les Corts, Sarrià-Sant Gervasi and Ciutat Vella with an average price of 5.098 Euros.

In two of the most important national capitals like Seville (2.408 €/m2) and Valencia (2.267 €/m2). Seville registers a decrease of 0,9% while Valencia rises a 0,1%. The districts of Nervión, Los Remedios and Casco Antiguo are the most expensive in Seville with an average price of 3.603 € / m2 and in Valencia, Old City, L ’Example and El Pla del Real with an average price of 3.508 €/m2.

[Source: Hogaria.net]