Property Prices by Municipals - Andalucia

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Property Prices by Municipals
Andalucia
2012
2012
Property Prices by Municipals - Andalucia
Andalucía
Since Fotocasa.es started creating property reports in 2005, the autonomous region of Andalucía
has been the third region, behind Cataluña and Madrid, with the highest number of resale properties
for sale - a total of 2,669,077 offers. During the whole of last year (2012), Fotocasa.es has received
592,152 new offers, with 48,210 corresponding solely to December.
Fifty municipals from the region of Andalucía were analysed for this study. Average resale property
values in 45 of them were under the national average of 1,891 euro/sq m euro/sq m. Of the
remaining 5, only 2 exceeded 2,000 euro/sq m at the end of 2012 - Cádiz and Marbella. These
two are the most expensive municipals in Andalucía with regards to resale house prices, with
average prices registered at 2,376 and 2,140 euro/sq m. These figures exceed the national average
of 1,830 euro/sq m by 25.7% and 13.2% respectively.
At the other end of the scale, those municipals with the lowest resale property prices are Atarfe
(1,122 euro/sq m) and Las Gabias (1,123 euro/sq m). When compared to prices for December
2011, Atarfe substitutes Las Gabias as the least expensive municipal of the region. House prices
in Atarfe are -40.7% less than the national average.
The following table shows the 10 most expensive municipals in which to purchase resale property
in Andalucía looking at average prices at the end of December 2012.
Andalucía. Municipals with the highest resale property prices in December 2012 (euro/sq m)
2.376
Cádiz
Málaga
Sevilla
Cádiz
Granada
Granada
Cádiz
Málaga
Málaga
Córdoba
1.754
Benalmádena
1.777
Córdoba Capital
1.792
Torremolinos
1.827
Torremolinos
1.847
Rota
1.876
Granada Capital
1.906
Almudecar
1.923
Conill
de la Frontera
1.995
Sevilla Capital
Málaga
Cádiz
2.140
Málaga
Not one of the Andalucian municipals analysed for this study saw their average resale property
prices increase from one year to the next. Property prices have fallen in every municipal without
exception. When comparing data from December 2011, it was noted that house prices in the
municipal of El Ejido had increased by 14.9% from December 2010.
Average property prices in the whole of the region at the end of 2012 fell between -2.4% in
Almuñécar and -24.3% in El Ejido - the only municipal to see prices decrease by more than 20%.
Only in 18 municipals did average resale property prices fall by a one-digit figure from December
2011 to the same month the following year.
01/02
2012
Property Prices by Municipals - Andalucia
Andalucía. Municipals with the least year-to-year drop in real-estate prices
0%
-2%
-2,4%
-4%
-6%
-5,3%
-6,2%
Almería
Motril
-7,8%
Monachil
-7,8%
Tomares
-7,6%
Huelva
-7,5%
Mijas
-7,4%
El Puerto
de Santa maría
-7,0%
Fuengirola
Granada
-6,8%
Marbella
Almudecar
-8%
Málaga
Málaga
Cádiz
Málaga
Huelva
Sevilla
Granada
Almería
Granada
A total of 32 municipals in the Andalucian region saw their prices fall by a two-digit figure. The
municipal of San Fernando in Cádiz registered a drop of -10.2% with respect to December 2011.
In 2011, only 9 municipals recorded a fall in the value of its property by double digits and none of
them by more than -20%. However, at the end of 2012, this first figure increased to 32 municipals
and the maximum fall in house prices was registered at -24.3%.
Andalucía. Municipals with the greatest decrease of year-upon-year resale house prices
0%
-5%
-10%
-5%
-14,6%
-14,6%
-14,7%
-14,7%
-14,7%
-15,0%
-15,2%
-20%
-15,6%
-16,1%
-25%
02/02
Granada
El Ejido
Curriana
de la Vega
Granada
Mairena
de Aljarafe
Málaga
Cenes
de la Vega
Antequera
Rincón
de la Victria
Málaga
Vera
Málaga
Roquetas
de Mar
Cádiz
Estepona
Chipiona
-24,3%
Almería
Almería
Sevilla
Almería