He real estate prices in Valencia experiment again new rebound after the end of summer. After August, the data show that the upward trend in the value of the square meter continues in practically all districts and neighborhoods of the city, a trend that has not stopped since the beginning of the year.
The data, published by the portal Idealistic on the price of housing in August 2024 in Valencia, show that The value of real estate in the city as a whole has increased. With these figures, August becomes the month eighth consecutive month in which the price of housing in Valencia increases.
Among the different districts of the city that have experienced this increase, there are: 11 Neighborhoods That Reached Historic Heights in the value per square meter of their accommodation in August.
The Eixamplethe district where housing is the most expensive in Valencia, has exceeded the 4,000 euros in the price per square meter, a figure that had never been reached. In fact, it is the second area that has most increased the value of its propertiess from the beginning of 2024, with an increase of 474 euros per square meter. It is located only behind the district of Real Plazawhich presents an increase of 489 euros per square meter.
In total, they are seven districts those that exceed the average price of housing in Valencia, located in 2,664 euros per square meter and this has also undergone a 2.1% increase which placed it at its historical maximum price.
Among these seven areas, the three neighborhoods with the highest price per square meter in Valencia are The Eixamplewhere the square meter is worth 4,049 euros; Old townwith a price of 3,718 euros per square meter; and The Remei Platewith an average value per square meter of 3,589 euros.
Image of the Plaza del Ayuntamiento in Valencia. Luis Villanueva
Of the remaining four areas that exceed the city’s average price, only the district of extramurs exceeds 3,000 euros with an average price of 3,029 euros per square meter.
The rest of the districts are under the 3,000 euro mark; bell has an average price of 2,925 euros per square meter; Paths to Grau with 2,856 euros per square meter; and Algiros, where properties have an average price per square meter of 2,677 euros.
Increase in 2024
In 2024, the the increase was general even in neighborhoods that did not reach their historic peaks this August. The four areas that did not exceed the average price record set in each of them were bell (5% less), Benicalap (7.2% below), The Olivereta (8.5% less than the maximum) and Saidia (0.5% less).
More specifically, the district of Saidia is the one that has increased its price the most since January 2024 with a Increase of 18.22% (increased from 1,984 euros to 2,426 euros the price per square meter of housing).
In the rest of the areas, the largest increases occurred in Paths of the Grauwith an increase of 16.95% to a record high of 2,856 euros per square meter; Patraixwhich increased by 13.98% the value of the square meter of your property up to 2,168 euros; And The Royal Palacewith an increase of 13.63%.
If we take into account all the districts of the city of Valencia, there are only two areas in which the average price per square meter has not increased its price by more than 10% compared to January 2024 (bell with a 3.29% And The Olivereta with a 6.42% increase).
