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Resale Real Estate Property Transactions in Spain by Autonomous Community 2014 – 2019

As a continuation to the previous articles, where the Total Number of New Real Estate Property Transactions were analyzed by Autonomous Community through a vertical and horizontal analysis, we will proceed to carry out the same analysis for the Total Number of Resale Real Estate Property Transactions from 2014 to 2019 in order to get the complete picture, and outline how these types of transactions were distributed among the Autonomous Communities in Spain. The source of the data analyzed is from the Statistical Bulletin from the Spanish government.

The following table illustrates a vertical analysis which outlines the proportionate percentage of the Total Number of Resale Real Estate Property Transactions that each of the Autonomous Communities accounted for from 2014 to 2019.

From the table we can appreciate the following:

Andalusia: In 2014, Andalusia accounted for 19,2% (59.667) of the total number of resale real estate property transactions in Spain, 19,1% in 2015 (67.443), 18,5% in 2016 (76.094), 18,5% in 2017 (89.004), 19,1% in 2018 (100.435), and 19,2% in 2019 (98.397).

Aragon: Within Spain, Aragon accounted for 2,6% of the total number of resale real estate property transactions in 2014 (7.931), 2,8% in 2015 (9.749), 2,4% in 2016 (9.966), 2,6% in 2017 (12.291), 2,6% in 2018 (13.515), and 2,6% 2019 (13.441).

Asturias: In 2014, Asturias accounted for 1,6% of the total number of resale real estate property transactions in Spain (4.983), 1,7% in 2015(5.865), 1,7% in 2016 (6.919), 1,7% in 2017(8.133), 1,7% in 2018 (9.194), and 1,8% in 2019(9.338).

Balears (Illes): The Illes Balears accounted for 3,1% in 2014 of the total number of resale real estate property transactions in Spain (9.568), 3,3% in 2015 (11.608), 3,5% in 2016 (14.525), and 2017 (16.947), 3,1% in 2018 (16.302), and 2,8% in 2019 (14.327).

Canarias: Canarias represented 5,1% of the total number of resale real estate property transactions in Spain in 2014 (15.863), 5,1% in 2015 (17.896), 5% in 2016 (20.735), and 2017 (24.207), 4,5% in 2018 (23.703), and in 2019 (22.793).

Cantabria: Within Spain, Cantabria accounted for 1% of the total number of resale property transactions in 2014 (3.197), 1,1% in 2015 (3.929), and 2016 (4.523), 1,2% in 2017 (5.874), and 2018 (6.226), and 1,3% in 2019 (6.424).

Castilla y Leon: In 2014, Castilla y Leon accounted for 4,7% of the total number of resale real estate property transactions in Spain (14.664), 4,6% in 2015 (16.248), 4,5% in 2016 (18.612), 4,4% in 2017 (21.025), 4,6% in 2018 (24.071), and 4,6% in 2019 (23.793).

Castilla la Mancha: In 2014, Castilla la Mancha represented 3,7% in 2014 (11.534) of the total number of resale real estate property transactions in Spain, 3,5% in 2015(12.180), 3,4% in 2016 (14.049), 3,7% in 2017 (17.653), 4% in 2018 (21.222), and 4,2% in 2019 (21.666).

Cataluña: Within Spain, Cataluña accounted for 15,7% of the total number of resale real estate property transactions in Spain (48.876), 15,9% in 2015 (55.981), 17% in 2016 (69.837), 16,4% in 2017(79.236), 15,7% in 2018 (82.596), and 16% in 2019 (82.137).

Communitat Valenciana: From the total number of resale real estate property transactions carried out in Spain in 2014, Communitat Valenciana accounted for 15,2% of the resale property transactions (47.314), 14,9% in 2015 (52.644), 14,8% in 2016 (60.925), 14,9% in 2017(71.674), 15,4% in 2018 (81.061), 14,9% in 2019 (76.469).

Extremadura: In 2014, Extremadura accounted for 1,7% of the total number of resale real estate property transactions in Spain (5.374), 1,6% in 2015(5.556), 1,6% in 2016 (6.623), 1,6% in 2017 (7.544), 1,7% in 2018 (8.800), and 1,8% in 2019 (9.210).

Galicia: Galicia accounted for 3,3% of the total number of resale real estate property transactions in Spain in 2014 (10.374), 3,3% in 2015 (11.794), 3,2% in 2016 (13.264), 3,2% in 2017 (15.524), 3,4% in 2018 (17.805), and 3,6% in 2019 (18.539).

Madrid: In 2014, Madrid accounted for 14,9% of the total number of resale real estate property transactions in Spain (46.175), 14,4% in 2015 (50.611), 14,6% in 2016 (59.755), 14,9% in 2017 (71.738), 14,2% in 2018 (74.574), and 13,2% in 2019 (67.763).

Murcia: From the total number of resale real estate property transactions carried out in Spain, Murcia represented 3% in 2014 (9.180), 3,2% in 2015 (11.336), 2,9% in 2016 (11.882), 2,9% in 2017 (14.005), 3,2% in 2018 (16.656), and 3,4% in 2019 (17.501).

Navarra: Navarra, accounted for 0,9% on the total number of resale real estate property transactions carried out in Spain in 2014 (2.780), 1% in 2015 (3.559), 2016 (3.992), 2017 (4.734), 2018 (5.367), and in 2019 (5.269).

Pais Vasco: In 2014, Pais Vasco accounted for 3,3% of the total number of resale real estate property transactions in Spain (10.349), 3,6% in 2015 (12.688), 3,7% in 2016 (15.075), 3,7% in 2017 (17.994), 3,8% in 2018 (19.781), and 3,9% in 2019(19.864).

La Rioja: Within Spain, La Rioja accounted for 0,7% of the total number of resale real estate property transactions in 2014 (2.310), 0,8% in 2015 (2.759), 0,7 % in 2016 (2.992), 0,7% in 2017 (3.415), 0,8% in 2018 (4.139), and 0,8% in 2019 (3.984).

Ceuta y Melilla: In 2014, from the total number of resale real estate property transactions carried out in Spain, Ceuta and Melilla represented 0,2% (619), and remained with a 0,2% annual growth also in 2015(755), 2016 (856), 2017 (866), 2018 (963), and in 2019 (1.046).

Following the data outlined above, in the next table, the Autonomous Communities are numerically organized in terms of the weight that they individually represent as a percentage of the Total Number of Resale Real Estate Property Transactions that were carried out in Spain from 2014 to 2019. For the Total Value for this period, the average percentage has been calculated, and we can appreciate that the Autonomous Community that represented the largest proportion of Resale Real Estate Property Transactions is Andalusia, followed by Cataluña, Communitat Valenciana, Madrid, Canarias, Castilla y León, Castilla la Mancha, País Vasco, Galicia, Illes Balears, Murcia, Aragon, Asturias, Extremadura, La Rioja, and Ceuta and Melilla.

 

The Lower and Higher ranges for the proportionate percentage of transactions have been outlined from 2014 to 2019 for every Autonomous Community. The variation in the annual percentage has by logic depended on the growth rate experienced simultaneously within the Autonomous Communities. For example from 2018 to 2019, we can appreciate in the vertical analysis that Andalusia, Asturias, Cantabria, Castilla la Mancha, Cataluña, Extremadura, Galicia, Murcia, and País Vasco slightly increased the proportionate percentage that they represented of the Total Resale Real Estate Property Transactions, while Illes Balears, Communitat Valenciana, and Madrid, decreased. Aragón, Canarias, Castilla y León, Navarra, La Rioja and Ceuta and Melilla experienced almost no variation in the percentages that they represented from 2018 to 2019.

Total Real Estate Property Transactions 2014 - 2019

When initially analyzing in a previous article the Total Number of Real Estate Property Transactions in Spain by Autonomous Community, we realized that the proportionate percentage of transactions that the Autonomous Communities represented of the Total Number of Transactions annually for the period from 2014 to 2019, was relatively stable. With the exception of Madrid, Cataluña and Andalusia, less than 1% variation between the lower and higher range percentages for the period from 2014 to 2019 was experienced among the Autonomous Communities in terms of the Total Real Estate Property Transactions they accounted for. Also we could appreciate that the Autonomous Community that represented the largest Number of Real Estate Property Transactions for this period was Andalusia, followed by Cataluña, Communitat Valenciana, Madrid, Canarias, Castilla y León, País Vasco, Castilla la Mancha, Galicia, Illes Balears, Murcia, Aragón, Asturias, Extremadura, Cantabria, Navarra, La Rioja, and Ceuta and Melilla.

 

Total New Real Estate Property Transactions 2014 - 2019

Furthermore, in the previous article that analyzed the proportionate percentage of New Real Estate Property Transactions by Autonomous Community in Spain for the period between 2014 to 2019, we could appreciate that there were larger variations between the lowest and highest range percentages in the Autonomous Communities.Where Madrid and Andalusia were the Autonomous Communities that experienced the largest changes in the percentages that they accounted for annually, followed by Galicia, the Communitat Valenciana, Cataluña, País Vasco, Castilla la Mancha, Castilla y Leon, Canarias and Navarra. The remaining Autonomous Communities has maintained variations between the higher and lower ranges of less than 1% from 2014 - 19. The Autonomous Community that represented the largest proportion of New Real Estate Property Transactions was Andalusia, followed by Madrid, Communitat Valenciana, Cataluña, País Vasco, Castilla la Mancha, Galicia, Castilla y León, Aragón, Canarias, Murcia, Illes Balears, Navarra, Asturias, Cantabria, Extremadura, La Rioja, and Ceuta and Melilla.

 

Total Resale Real Estate Property Transactions 2014 - 2019

When currently analyzing the Total Number of Resale Real Estate Property Transactions by Autonomous Community from 2014 to 2019, standing out is the magnitude of the market size in comparison to the New Real Estate Property market. As mentioned above, the Autonomous Community that represented the largest proportion of Resale Real Estate Property Transactions is Andalusia, followed by Cataluña, Communitat Valenciana, Madrid, Canarias, Castilla y León, Castilla la Mancha, País Vasco, Galicia, Illes Balears, Murcia, Aragon, Asturias, Extremadura, La Rioja, and Ceuta and Melilla. We can appreciate, with the exception of Madrid and Cataluña, that the difference between the higher and lower ranges are below 1%, and that there is a greater level of stability in the variation of the proportionate percentage that each Autonomous Community represents than when analyzing the New Real Estate Property Transactions.

In the next article we will apply this same data to analyze the annual growth rate in Resale Real Estate Property Transactions for the same period.

Article 7: What was the Annual growth rate in New Property Transactions from 2014 – 2019 in Spain by Autonomous Community

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Article 5: From 2014 to 2019 how were the Real Estate Property Transactions in Spain distributed by Autonomous Community?

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Article 1: How were the Total Number of Real Estate Property Transactions in Spain distributed by Autonomous Communities in 2019?

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Article 3: What were the New and Resale Property Transactions in Spain by Autonomous Community in 2019?

What were the New and Resale Property Transactions in Spain by Autonomous Community in 2019? As briefly mentioned in the previous article on the distribution of the Total Real Estate Property Transactions in Spain by Autonomous Community (link included below), from...

Article 4: What was the Annual Growth in the Total Number of Real Estate Property Transactions in Spain by Autonomous Community during the period of 2014-19?

What was the Annual Growth in the Total Number of Real Estate Property Transactions in Spain by Autonomous Community during the period of 2014-19? Since 2014, the Number of Real Estate Property Transactions that were carried out in Spain increased significantly...

Article 6: New Real Estate Property Transactions in Spain distributed by Autonomous Community from 2014 to 2019

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Article 2: What was the annual growth in the Total Real Estate Property Transactions in Spain during the period 2014-19, and were they New Property or Resale?

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