28/06/2026
National Overview: April 2026
Total Residential Properties Sold: 52,522
National Year-on-Year (YoY) Change: -3.2%
Data Type: Provisional Land Registry Data (Datos Provisionales de la Estadística Registral Inmobiliaria).
Scope: This data specifically isolates residential property sales. Total property transfers (including rustic land and commercial urban properties) are higher.
Regional Performance: Key Highlights
The national 3.2% dip doesn’t mean every market is slowing down. We are seeing a major divergence between regions. Catalonia is completely bucking the trend with strong growth, while Madrid and Valencia are seeing significant double-digit or near-double-digit contractions.
The Growth Leader
Catalonia: +6.2% (The standout performer of the month, showing strong resilience against the national trend).
Stable / Minor Contractions
Murcia: -0.7% (Essentially flat, holding its ground).
Canary Islands: -1.7% (Mild dip, outperforming the national baseline).
Andalusia: -3.7% (Moving roughly in tandem with the overall national average).
Balearic Islands: -4.0% (A slight cooling off in a high-demand, low-inventory luxury market).
Sharp Slowdowns
Valencian Community: -8.2% (A notable correction for what has been a massive market hotspot recently).
Madrid: -11.1% (The sharpest decline of the month, indicating heavy inventory strain or buyer resistance to peak pricing).
The Bottom Line
The Spanish market isn’t crashing; it’s fragmenting. While buyers in Madrid and Valencia might be finding a bit more breathing room as sales volume drops, Catalonia is still running hot.
