Housing prices in Barcelona have continued to rise, reaching an average of €5,289 per square meter in 2024, a 9.5% increase from the previous year.
The most expensive districts are Sarrià-Sant Gervasi and Eixample, with Pedralbes in Les Corts reaching €7,597 per square meter. Significant portions of sales exceed €1 million, especially in Sarrià-Sant Gervasi and Eixample. Price surges of over 18% were seen in Sant Martí, Sant Andreu, and Les Corts, with Pedralbes experiencing a nearly 30% increase. Limited new housing supply due to land restrictions has further driven up prices, leading buyers to explore nearby municipalities like Sant Cugat del Vallès and Sant Just Desvern. The market shows sustained growth and high demand in exclusive areas. Will these escalating prices lead to housing affordability challenges for residents and potential buyers?
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