Data recently published by the real estate portal idealista confirms that the province of Cordoba is following a contraction trend in its property supply. While the decline reaches 20% in the capital, the drop across the entire province stands at 19% compared to the same period last year.
This situation contrasts with what has occurred in major national markets. Cities such as Madrid, Valencia, or Seville have seen their housing stock grow during this first quarter. In the case of the Andalusian capital, supply increased by 5%, while in Malaga, the increase was 3%.
The rest of the Andalusian capitals have joined Cordoba in this downward trend. Jaen leads the declines in the region with 25% less supply, followed by Almeria and Huelva, both with a 12% drop, and finally Cadiz and Granada, which have seen their stock reduced by 10%.
“"The supply of housing for sale is evolving at two speeds. Most of the country continues to lose homes on the market at a high rate, but the most dynamic markets, on the other hand, are beginning to see their stock increase."
Experts point out that price increases in the most dynamic areas have made many homes unaffordable for buyers. This withdrawal of demand reduces pressure on existing stock, which could lead to price stabilization in the medium term.
