Housing prices in the Canarias region

Property prices trend in the region Canarias

The following charts show price trends over time for all residential property types in the Canarias region, both for sale and for rent.

In October 2024 for residential properties for sale, was asked an average of € 2,998 per square meter, with an increase of 17.75% compared to October 2023 (2,546 €/m²). Over the past 2 years, the average price in the Canarias region reached its peak in the month of October 2024, with a value of € 2,998 per square meter. The month with the lowest asking price was December 2022: for a property for sale, the average price asked was € 2,324 per square meter.

In October 2024 the average price asked for residential rental properties was € 16.23 per month per square meter, with an increase of 7.55% compared to October 2023 (€ 15.09 monthly per square meter). Over the past 2 years, the average price in the Canarias region reached its peak in the month of September 2024, with a value of € 16.37 per square meter. The month with the lowest asking price was December 2022: for a rental property, the average price asked was € 12.76 per month per square meter.

Prices per square meter of the provinces in the region Canarias

During October 2024, the asking price for properties for sale in the region Canarias was highest in the province of Santa Cruz de Tenerife, with € 3,338 per square meter. On the opposite, the lowest price was in the province of Las Palmas with an average of € 2,409 per square meter.
During the same month, the asking price for rental properties in the Canarias region was highest in the province of Las Palmas, with € 16.64 per month per square meter. The lowest price instead, was in the province of Santa Cruz de Tenerife, with an average of € 15.66 per month per square meter.