The map shows the average prices of the residential properties in the province of Madrid. The reference period is October 2024.
sale
3,717 €/m²
from 403 €/m² to 5,113 €/m²
rent
22.81 €/m²
from 1.40 €/m² to 24.26 €/m²
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Search agencyThe following graphs show price trends over time for all types of residential real estate in the province of Madrid, both for sale and for rent.
In October 2024 the average price asked for residential properties for sale was € 3,717 per square meter, with an increase of 19.67% compared to December 2023 (3,106 €/m²). Over the past 2 years, the average price in the province of Madrid has reached its peak in the month of October 2024, with a value of € 3,717 per square meter. The month with the lowest asking price was February 2023: for a property for sale, the average price asked was € 2,920 per square meter.
In October 2024 the average price asked for residential rental properties was € 22.81 per month per square meter, with an increase of 11.49% compared to December 2023 (€ 20.46 monthly per square meter). Over the past 2 years, the average price in the province of Madrid has reached its peak in the month of October 2024, with a value of € 22.81 per square meter. The month with the lowest asking price was February 2023: for a rental property, the average price asked was € 16.43 per month per square meter.
During October 2024, the asking price for properties for sale in the province of Madrid was highest in the municipality of Madrid, with € 5,113 per square meter. On the opposite, the lowest price was in the municipality of El Atazar, with an average of € 403 per square meter.
During the same month, the asking price for rental properties in the province of Madrid was highest in the municipality of Madrid, with € 24.26 per month per square meter. The lowest price, instead, was in the municipality of Orusco de Tajuña with an average of € 1.40 per month per square meter.