Housing demand across the Region of Murcia is thriving, with prices on an upward trajectory. According to the latest figures from the Ministry of Housing, the average price for unrestricted properties has reached one thousand one hundred and eighty-five euros per square metre as of the second quarter of twenty twenty-five. This marks a notable increase of seven point nine percent compared to the same period last year, and one percent higher than the start of the year. These prices are the highest recorded in the region since twenty twelve, highlighting a continuing recovery in the market.

In a broader context, the average property price across Spain has increased by ten point four percent year on year, reaching two thousand ninety-three euros per square metre. This spike is particularly impacting younger buyers, who are increasingly finding it challenging to secure a footing in the housing market. The coastal area of San Javier is currently the most expensive in the Region of Murcia, with an average residential property cost of one thousand six hundred and forty-seven euros per square metre.

Conversely, rental prices are also on the rise, although the increase is less pronounced than that seen in sales. The most recent Idealista report indicates that rents in the Region of Murcia have increased by five point seven percent over the past year, reaching an average of nine euros and ten cents per square metre. Rentals in coastal towns, such as Los Alcázares and San Javier, have soared by twenty-two percent and nine percent, respectively. The Municipalities of Mazarrón and Águilas also feature high average rental values of one thousand three hundred and ninety-three euros and one thousand two hundred and thirty-five euros per square metre.

In Spain overall, rental prices have risen in forty-six provinces, with Madrid leading at twenty euros and fifty cents per square metre. Although areas like Jaén and Ciudad Real remain more affordable, with rents approximately around seven euros per square metre, overall trends indicate a tightening rental market across the nation, particularly in sought-after coastal locations.