After several years of sharp increases, the Valencian real estate market faces a new phase of more moderate, but sustained, price growth. The report for the first quarter of 2026 indicates a progressive deceleration in growth, with no downward adjustment expected.
Forecasts place growth at around +2.0% in the second quarter of 2026, +1.9% in the third quarter, and +1.8% in the fourth, gradually decreasing to +1.7% in the first quarter of 2027. This scenario confirms that the market is entering a phase of lower intensity, but price pressure remains.
In the city of Valencia, the average housing price reached €4,168/m² in the first quarter of 2026, compared to €3,500/m² recorded a year earlier. The scarcity of supply has overwhelmed the city and shifted pressure to the metropolitan area, where prices now equal, and in some cases exceed, those of the capital.
“"Housing no longer fits in Valencia. Demand is not resolved within the city; it shifts outwards, and with increasing intensity."
Behind this dynamic is a persistent imbalance between supply and demand. New housing production remains insufficient to meet market needs, both in the capital and its metropolitan area. Municipalities such as Godella and Burjassot already exceed €4,000/m², demonstrating that market tension has spread throughout the residential system.
The problem is not just about quantity, but also product. Housing is being built that does not match the economic capacity of most households, excluding young people and middle-income earners. Publicly Protected Housing is presented as a key tool, but its development is insufficient. The rising cost of owned housing also affects rentals, with average prices already around €1,700 per month in Valencia.
