The average price of urban land increases by 7.8% in the third quarter

The average price of urban land increases by 7.8% in the third quarter

 

Compared to the previous quarter, the average price of the square meter experienced a decrease of 2.6%.

The highest average prices, within the municipalities of more than 50,000 inhabitants, occurred in the provinces of Madrid (€485.7 / m2), Barcelona (€447.6 / m2) and the Balearic Islands (€375.1 / m2). The lowest average prices were registered in the regions of Huesca (€48.4 / m2), Cádiz (€115.3 / m2) and León (€120.2 / m2).

The number of transactions made in the third quarter of 2017 was 4,545, 24.2% less than those made in the second quarter of 2017, which amounted to 5,998, and 2.4% less than those made in the third quarter of 2016, when 4,656 plots were transmitted.

The surface transmitted in the third quarter of 2017 amounted to 6.3
million square meters, worth €765.1 million.

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