Market activity in Madrid
Sales recorded by the registrars each quarter, the share bought by foreign buyers, new mortgages and the monthly sales count.
House sales
20,225 homes changed hands in Madrid in Q2 2026, -8.9% on a year earlier.
Quarterly house sales
- Q2 2026
- 20,225
- On a year earlier
- -8.9%
- On the previous quarter
- +1.3%
- Peak
- 25,140 in Q4 2021
Source: Ministry of Development
Foreign buyers
Foreign buyers took 9.5% of sales in Madrid in Q2 2026: 1,658 who live in Spain and 152 who live abroad.
Foreign buyers, share of sales
- Q2 2026
- 9.5%
- On a year earlier
- −0.3 pts
- Foreign buyers
- 1,914
Source: Ministry of Development
Who bought, Q2 2026
| Buyer | Share of sales | Homes |
|---|---|---|
| Spaniards living in Spain | 90.3% | 18,272 |
| Foreigners living in Spain | 8.2% | 1,658 |
| Foreigners living abroad | 0.8% | 152 |
| Other or unknown | 0.7% | 143 |
Source: Ministry of Development
Mortgages
5,624 home mortgages were approved in Madrid in Jul 2026, worth €1.7B, -5.2% on a year earlier.
Monthly mortgage approvals
- Jul 2026
- 5,624
- On a year earlier
- -5.2%
- On the previous month
- -19.4%
- Lent in the month
- €1.7B
- Average loan
- €295,981
Source: National Institute of Statistics
Monthly sales
The monthly count is less detailed but published sooner: 6,394 homes sold in Madrid in Jul 2026, -11.3% on a year earlier.
Monthly house sales
- Jul 2026
- 6,394
- On a year earlier
- -11.3%
- On the previous month
- -9.4%
Source: National Institute of Statistics
How homes changed hands, 12 months to Jul 2026
| Type of transfer | Share of transfers | Homes |
|---|---|---|
| Sales | 59.0% | 77,763 |
| Inheritances | 18.7% | 24,682 |
| Gifts | 2.0% | 2,664 |
| Swaps and other | 20.2% | 26,614 |
Source: National Institute of Statistics