Real Estate Market Report 1H 2023 - LF

Lucas Fox Spanish Real Estate Market Report / First half 2023 / Madrid City & suburbs

PRICES

Despite falling sales, asking prices continue to rise, and the northwest suburbs have not given up the gains made since 2019.

MADRID CITY & NW SUBURBS ASKING PRICE INDEX BASE = Q1 2019 Source: Idealista

MADRID CITY

POZUELO DE ALARCÓN

MAJADAHONDA

BOADILLA DEL MONTE

100%

100%

100%

100%

107.9

114.3

118.8

124.7

50%

150%

50%

150%

50%

150%

50%

150%

€/sqm 4,015

Y-O-Y 4.0%

Trend

€/sqm 3,530

Y-O-Y 2.6%

Trend

€/sqm 3,637

Y-O-Y 3.1%

Trend

Trend

€/sqm 2,896

Y-O-Y 6.5%

LAS ROZAS

LA MORALEJA

CIUDALCAMPO

100%

100%

100%

121.0

125.4

132.1

50%

150%

50%

150%

50%

150%

Trend

€/sqm 3,116

Y-O-Y 8.5%

Trend

€/sqm 5,357

Y-O-Y 2.5%

Trend

€/sqm 2,964

Y-O-Y 2.5%

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