Spain’s real estate market continues to shift, with Castilla y León and Extremadura leading the nation in home sales growth so far in 2025, according to the latest data from the General Council of Notaries. In contrast, Madrid and Murcia are standing out for the most significant increases in property prices.
Home Sales Rising in Interior Regions
Between January and August, total home sales in Spain increased by 5.85% compared to the same period last year. While home sales dipped slightly in August (down 1.3% year-on-year), the long-term trend indicates growing market activity, especially outside traditional hotspots.
Castilla y León saw a remarkable 17% jump in home sales, followed by Extremadura with a 13.2% rise, and the Basque Country at nearly 13%. Other regions posting double-digit increases included Castilla-La Mancha and Aragon (both up 11.6%) and Galicia (10.7%). By volume, Catalonia led with 7,231 more homes sold compared to last year (a 10.5% rise), followed by Andalusia with 5,300 more transactions.
However, Madrid and the Canary Islands were the only two regions to experience declines in home sales, down 3% and 3.4% respectively, suggesting a shift in buyer interest towards other parts of Spain.
Madrid and Murcia Feature Highest Price Increases
Despite these shifts in sales volume, housing prices have risen across all regions, with Murcia and Madrid recording the strongest growth at 16.8% and 13.5%, respectively. Extremadura (13.5%), the Canary Islands (12.4%), and Cantabria (10.3%) also saw notable price hikes. The Balearic Islands continue to top the list as the most expensive region, averaging close to €4,000 per square metre, followed by Madrid (€3,350), the Basque Country (€2,830), and Catalonia (€2,270).
Meanwhile, Castilla y León (€975/sqm), Castilla-La Mancha (€800/sqm), and Extremadura (€725/sqm) remain the most affordable regions for property buyers.
What’s Driving the Trends?
The latest figures highlight a deepening real estate boom in Spain’s interior and northern regions, as affordability and lifestyle changes draw buyers away from the traditional markets of Madrid and the Canary Islands. As property prices continue to rise nationwide, buyers seeking more accessible prices may increasingly look to regions like Castilla y León and Extremadura.
Stay tuned to our site for the latest updates on Spain’s real estate trends.
