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Leiria · report

Past price cycles in Leiria

Bank valuations have fallen by 3% or more 9 times since 2011. The deepest began in April 2011.

Deepest fall
−26.0%
Recovery from the low
33 months

Prices in Leiria and Portugal, indexed

Bank valuations, both set to 100 in January 2011.

  • Leiria
  • Portugal
  • 100 = January 2011
Show the numbers
PeriodLeiriaPortugal
Sep 2026232.9259.7
Aug 2026234.7257.0
Jul 2026233.5255.4
Jun 2026233.1254.0
May 2026223.1251.8
Apr 2026222.3247.9
Mar 2026221.8245.3
Feb 2026225.8242.0
Jan 2026223.8240.0
Dec 2025218.1237.3
Nov 2025217.2234.9
Oct 2025211.9230.9
Sep 2025207.8227.5
Aug 2025204.2224.1
Jul 2025212.6221.8
Jun 2025211.5217.9
May 2025204.6215.1
Apr 2025196.2212.8
Mar 2025195.4210.6
Feb 2025185.2206.4
Jan 2025183.1202.3
Dec 2024176.5199.2
Nov 2024179.7198.4
Oct 2024174.8196.2
Sep 2024173.1193.3
Aug 2024169.3189.7
Jul 2024172.5186.8
Jun 2024171.6184.5
May 2024173.8183.6
Apr 2024172.7182.0
Mar 2024167.4180.2
Feb 2024162.5177.9
Jan 2024160.8176.7
Dec 2023157.6175.1
Nov 2023156.6174.5
Oct 2023155.5175.1
Sep 2023165.7175.7
Aug 2023162.6175.4
Jul 2023163.4173.9
Jun 2023159.7173.1
May 2023163.2172.2
Apr 2023157.7170.0
Mar 2023160.5169.1
Feb 2023160.9168.5
Jan 2023163.2169.3
Dec 2022159.7166.2
Nov 2022154.3165.2
Oct 2022153.4161.9
Sep 2022153.8162.9
Aug 2022153.9161.2
Jul 2022151.1161.6
Jun 2022149.9160.4
May 2022151.3157.4
Apr 2022150.7154.6
Mar 2022148.7151.8
Feb 2022142.0149.8
Jan 2022141.2147.3
Dec 2021133.5146.5
Nov 2021131.9145.0
Oct 2021128.3142.6
Sep 2021133.3140.9
Aug 2021130.5139.2
Jul 2021128.4139.2
Jun 2021125.4138.5
May 2021125.5138.2
Apr 2021126.5136.8
Mar 2021127.5135.3
Feb 2021126.9133.9
Jan 2021126.2133.4
Dec 2020122.5131.8
Nov 2020123.8130.4
Oct 2020121.7129.0
Sep 2020129.4128.6
Aug 2020127.7128.6
Jul 2020131.4128.5
Jun 2020127.2127.6
May 2020125.8127.0
Apr 2020122.3126.7
Mar 2020124.4126.6
Feb 2020128.9126.7
Jan 2020121.3125.8
Dec 2019118.6124.4
Nov 2019112.6122.7
Oct 2019115.1121.9
Sep 2019118.8121.6
Aug 2019118.8120.2
Jul 2019116.9119.0
Jun 2019116.8117.4
May 2019116.8116.6
Apr 2019116.1115.7
Mar 2019113.4114.7
Feb 2019113.9114.0
Jan 2019115.5112.1
Dec 2018120.3111.4
Nov 2018119.6110.4
Oct 2018118.3110.3
Sep 2018116.4109.4
Aug 2018116.5108.4
Jul 2018114.6107.3
Jun 2018111.2106.3
May 2018106.0105.9
Apr 2018106.9105.4
Mar 2018109.1104.9
Feb 2018110.6103.9
Jan 2018109.1102.9
Dec 2017109.1101.6
Nov 2017107.3101.4
Oct 2017106.3101.0
Sep 2017104.8100.5
Aug 2017104.599.0
Jul 2017102.198.2
Jun 201799.998.1
May 201796.897.7
Apr 201793.497.4
Mar 201791.696.8
Feb 201798.296.6
Jan 201794.595.9
Dec 201697.395.0
Nov 201693.794.2
Oct 201694.093.5
Sep 201690.293.0
Aug 201688.092.8
Jul 201687.891.9
Jun 201687.391.6
May 201691.291.2
Apr 201691.090.5
Mar 201690.189.9
Feb 201690.289.5
Jan 201689.889.5
Dec 201592.389.9
Nov 201588.189.3
Oct 201588.788.9
Sep 201585.088.6
Aug 201589.188.3
Jul 201589.288.5
Jun 201589.487.7
May 201588.787.6
Apr 201583.386.7
Mar 201579.686.2
Feb 201582.986.2
Jan 201586.786.2
Dec 201491.685.6
Nov 201491.585.6
Oct 201488.786.2
Sep 201488.488.0
Aug 201485.288.4
Jul 201489.887.0
Jun 201486.785.3
May 201490.884.2
Apr 201484.683.9
Mar 201482.884.3
Feb 201481.485.7
Jan 201479.886.7
Dec 201384.987.0
Nov 201385.286.9
Oct 201385.387.2
Sep 201381.287.0
Aug 201381.486.8
Jul 201381.486.5
Jun 201387.187.1
May 201389.486.4
Apr 201386.885.3
Mar 201385.484.6
Feb 201388.085.1
Jan 201395.486.5
Dec 201295.787.8
Nov 201295.188.3
Oct 201289.288.7
Sep 201290.989.4
Aug 201288.489.4
Jul 201295.989.7
Jun 201287.090.2
May 201294.391.2
Apr 201293.892.8
Mar 201295.992.5
Feb 2012100.192.4
Jan 201295.792.2
Dec 201194.493.3
Nov 201194.494.5
Oct 201194.495.0
Sep 201198.396.2
Aug 2011100.797.1
Jul 2011105.997.9
Jun 2011106.099.4
May 2011106.7101.4
Apr 2011107.6102.6
Mar 2011103.2102.4
Feb 2011101.1101.1
Jan 2011100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
April 2011March 2015−26.0%4733
February 2018May 2018−4.2%31
December 2018November 2019−6.4%112
February 2020April 2020−5.1%23
July 2020October 2020−7.4%311
September 2021October 2021−3.8%12
January 2023April 2023−3.3%31
September 2023October 2023−6.2%15
July 2025August 2025−4.0%13

Portugal against the EU since 2015

Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.

  • Portugal
  • EU
  • 2015 = 100
Show the numbers
PeriodPortugalEU
Q2 2026301.4168.6
Q1 2026291.0166.5
Q4 2025280.2164.6
Q3 2025269.4163.5
Q2 2025258.8161.0
Q1 2025247.1158.5
Q4 2024235.7156.2
Q3 2024228.9155.1
Q2 2024220.7152.7
Q1 2024212.5149.8
Q4 2023211.3148.9
Q3 2023208.5149.1
Q2 2023204.7148.2
Q1 2023198.6147.6
Q4 2022195.9148.7
Q3 2022193.8150.9
Q2 2022188.3149.6
Q1 2022182.6146.2
Q4 2021176.0143.2
Q3 2021171.3140.2
Q2 2021166.4136.0
Q1 2021161.7132.1
Q4 2020157.7129.8
Q3 2020153.6128.1
Q2 2020154.3126.3
Q1 2020151.7124.4
Q4 2019146.1122.7
Q3 2019143.7121.5
Q2 2019140.7119.8
Q1 2019137.1117.6
Q4 2018132.3116.8
Q3 2018129.7115.9
Q2 2018128.5114.2
Q1 2018125.6112.3
Q4 2017121.1111.2
Q3 2017119.6110.4
Q2 2017115.5108.8
Q1 2017111.9106.9
Q4 2016109.6106.1
Q3 2016108.3105.4
Q2 2016106.9103.8
Q1 2016103.7102.0
Q4 2015101.8101.1
Q3 2015100.7100.8
Q2 2015100.699.8
Q1 201596.998.3

Bank valuations go back to 2011, so they include the fall after the euro crisis; asking prices start in 2015. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Leiria

Asking prices have an 80% chance of landing between €2,006/m² and €2,322/m² by September 2027.

Expected, September 2027
€2,164/m²
Chance of a rise
93%

At the bank valuation, a 90 m² home costs €149,670. With 10% down and a 30-year mortgage, the payment is €568 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
21%
Payment, one income
42%

Owning a 90 m² home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the median sale price. Repaying the loan is saving, so it is left out.

Rent per month
€717
Owning per month
€628

Sellers ask 19.1% more than banks value homes at. A year ago the gap was +13.5%.

Gap today
+19.1%
Change in a year
+5.6 pp

74.5% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
979
Per 1,000 residents
6.7

Over the last 12 months, buyers domiciled abroad paid 3.4% more per m² than buyers living in Portugal.

Abroad against residents
+3.4%

In 2025 the population grew by 1,240 while 614 homes were finished: 2.0 new residents for every new home.

New residents per new home, 2025
2.0
Population change, 2025
+1,240

11.4% of the 70,307 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
11.4%
Empty homes
8,018

In 2025, 23% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
23%
Reconstructions per 100 new buildings
0.0

Public bodies signed €2.1M of housing works here in 2025, and €4.7M since 2012.

Signed in 2025
€2.1M
Per resident, 2025
€14

Data: INE, ECB and others · updated October 27, 2026

Asking prices and bank valuations are not sale prices. This is a description of public data, not financial advice.

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