The average price of free housing rose 6% in the third quarter of the year compared to the same period of the previous year, reaching 1,921 euros per square meter, according to statistics on the appraised value of housing published this Thursday by the Ministry of Housing and Urban Agenda.
According to this data, collected by Europa Press, the price of free housing has experienced a quarterly increase of 1.3%, reaching its highest value in the last 15 years, exactly since the first quarter of 2009, when it was at 1,958 euros per square meter, and approaching the highs of the end of 2008.
By autonomous community, none reduced its price compared to the previous year. The highest increases were recorded in the Balearic Islands and the Community of Madrid, with advances of 9.9% and 8.9%, respectively. In this way, the community with the most expensive square meter was Madrid, with 3,274.6 euros, closely followed by the Balearic Islands, with 3,208.4 euros per square meter.
For its part, the smallest price increase was recorded in La Rioja, with a year-on-year increase of 0.8%, up to 1,224.1 euros per square meter. However, the autonomy with the lowest price per square meter was Extremadura, with 901.6 euros.
In the variation by province, the increases in Valencia (+10.2%), Málaga (+9.4%), Teruel (+9.3%) and Santa Cruz de Tenerife (+8.2%) stand out, while which only present contractions in prices in Ciudad Real (-0.9%), Melilla (-1%), Zamora (-1.5%), Palencia (-3.3%).
6% increase in free housing more than five years old
The average value per square meter of free housing up to five years old stood at 2,255.3 euros per square meter until September, which represented an increase of 4.2% compared to the same period of the previous year. However, the price of free housing more than five years old registered a higher increase, as it rose 6% in annual rates, up to 1,911 euros.
By municipalities with more than 25,000 inhabitants, the most expensive was Santa Eulalia del Río, in the Balearic Islands, with 5,363.9 euros, and the cheapest is Puertollano (Ciudad Real), with 598.1 euros.
In relation to subsidized housing in Spain, the average price per square meter in the first nine months of the year was 1,167.8 euros per square meter, 0.3% more than in the same period of the previous year.
Finally, the number of real estate appraisals used to calculate housing prices until September was 153,621 homes.
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