
The National Institute of Statistics (INE) of Spain published on October 21 the 2026 edition of Urban Indicators, which reveals the significant territorial differences in the average real estate sales price during 2025.
Puertollano, in the province of Ciudad Real, recorded the lowest amount among the municipalities with more than 20,000 inhabitants analyzed, at 57,698 euros, while Calvià, in Mallorca, reached the highest, at 981,485 euros.
The national average for buying and selling was set at 222,198 euros, according to the summary table from INEbase, placing Puertollano well below this average and Calvià more than four times above it.
Alongside Puertollano, the municipalities with the lowest average selling price in 2025 were Mieres (€61,233) and Langreo (€62,838), both located in Asturias.
At the opposite end, after Calvià, were Pozuelo de Alarcón (907,270 euros) and Santa Eulària des Riu in Ibiza (888,800 euros), followed by Sant Josep de sa Talaia (867,072 euros), Boadilla del Monte (821,952 euros), and Marbella (742,787 euros).
Among the municipalities with the most affordable prices are Loja (€72,493), Archena (€74,013), Hellín (€75,861), Andújar (€76,801), and Linares (€77,395), all located inland or in areas with lower demand pressure.
The territorial contrast is striking: the difference between the most expensive municipality and the cheapest exceeds 923,000 euros, highlighting real estate markets with completely different dynamics within the same country.
Puertollano, an industrial municipality with around 45,000 inhabitants, whose historical economy revolved around coal mining and later petrochemicals, also experiences the largest decrease in prices compared to 2013 —the year taken as a reference for the lows recorded after the real estate crisis— with a drop of 40.2%.
On the opposite side, the largest increases since that reference year were recorded in Tías (180.6%), Marratxí (179.6%), and Torremolinos (176.5%), municipalities associated with tourism and coastal residential demand.
At the neighborhood level, among cities with more than 250,000 inhabitants, Madrid accounted for the 14 neighborhoods with the highest price per square meter in 2025.
Recoletos topped the list with €10,952 per square meter, followed by Castellana (€9,624) and Almagro (€9,438). The lowest prices per square meter were recorded in areas of Murcia and Córdoba, with a minimum of €783 per square meter in the Murcian district of Cañadas de San Pedro.
It is important to note that these figures represent average prices of actual sales transactions closed in 2025, not current offer prices or values per square meter at the municipal level.
The study does not cover all municipalities in Spain —it excludes the Basque Country and the Chartered Community of Navarre due to a lack of available data— and does not allow for inferences about housing availability, cost of living, or labor conditions in any of the analyzed territories.
The Urban Indicators of the INE are the Spanish adaptation of the European project Urban Audit, promoted by the Directorate-General for Regional and Urban Policy of the European Commission in collaboration with Eurostat. They publish annually 40 indicators across seven thematic areas to compare urban living conditions at both national and international levels.
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