The Instituto Nacional de Estadística published the edition of Indicadores Urbanos 2026 and reported median purchase prices per home sold for 2025 by municipality. The highest figure was in Calvià on Mallorca, at €981,485. At the other end was Puertollano in the province of Ciudad Real, at €57,698. The publication covers municipalities with 20,000 or more inhabitants and includes supplementary tables on prices per square metre and time series.
The data highlight the wide geographical disparities in Spain’s property market. Alongside Calvià, several municipalities in the Community of Madrid and on the Balearesare among the most expensive. These include Pozuelo de Alarcón as well as Santa Eulària des Riu on Ibiza. Also among the most expensive markets is Boadilla del Monte. In more affordable municipalities such as Puertollano, reported median purchase prices are considerably lower.
In its methodology for Indicadores Urbanos 2026, the statistics office notes adjustments that may affect comparability over time. These include changes to boundaries and weightings. The reported figures are median prices per transaction in the 2025 calendar year. They therefore differ from price indices, which measure trends independently of the composition of sales. To assess local markets, the Instituto Nacional de Estadística recommends considering median figures alongside prices per square metre and the number of transactions.
From an economic perspective, very high median prices reflect strong willingness to pay and limited space in particularly sought-after locations. This puts continued pressure on affordable housing and fuels regional policy debates about new construction, urban densification and intervention in rental markets. In areas with low median prices, the figures often point to weaker demand, lower investment and demographic challenges. However, conclusions about individual markets depend on local factors beyond the indicators published in Indicadores Urbanos 2026.
With its latest publication, covering 2025, the statistics office provides a consistent data basis for comparisons between municipalities and over time. It shows where purchase prices in Spain are especially high and where they are low, without speculating about the causes or future developments. For Calvià and Puertollano, the figures cited mark the respective extremes for the year analysed.
Editor: Daniel Mayer (Article created with AI assistance).