This quarterly increase positions the Comunitat Valenciana as the sixth most expensive autonomous community in Spain, behind regions such as the Balearic Islands, which lead with 5,140 euros/m². Year-on-year, the region experienced a slight decrease of 0.24%, the least pronounced drop in the country, according to the quarterly sales price report from pisos.com.
By provinces, Alicante recorded the fourth most intense quarterly increase in Spain with 0.93%, and the fifth largest year-on-year with 1.31%. Castellón grew by 0.57%, being the second with the lowest growth, while Valencia showed a moderate adjustment of -1.54%. In terms of price, Alicante is the eleventh most expensive province with 2,214 euros/m², and Castellón the most affordable in the region with 1,298 euros/m².
Regarding the capitals, València experienced the sixth largest quarterly increase in the country with 0.89%. Alicante grew by 0.20%, and Castelló de la Plana registered a drop of -0.26%. Year-on-year, only Castelló de la Plana saw an increase of 2.54%, while Alicante and València suffered decreases of -5.52% and -4.79% respectively. València, with 3,134 euros/m², is the eighth most expensive capital in Spain, and Castelló de la Plana, with 1,569 euros/m², the ninth most affordable.
In the city of València, the districts of Benicalap (4.70%), L'Olivereta (4.64%) and Patraix (4.08%) led the quarterly increases. The most expensive were L'Eixample (4,527 euros/m²), El Pla del Real (4,337 euros/m²) and Ciutat Vella (4,247 euros/m²). At the municipal level, Villena (Alicante) was the Spanish town with the largest increase in the first quarter (9.27%) and year-on-year (30.37%). Calp (Alicante) was the most expensive municipality in the Comunitat Valenciana with 4,017 euros/m², and Requena (Valencia) the most affordable with 639 euros/m².
“"The upturns are a sustained phenomenon that evidences a profound imbalance between supply and demand. The production of new housing continues to be insufficient, which shifts much of the pressure to the second-hand market, which is not replenished at the same rate as interested buyers."




