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Errenteria · report

Past price cycles in Errenteria

Appraised values have fallen by 3% or more 5 times since 2017. The deepest began in Q4 2019.

Deepest fall
−7.2%
Recovery from the low
15 months

Prices in Errenteria and in Spain, indexed

Appraised values, both set to 100 in Q4 2017.

  • Errenteria
  • Spain
  • 100 = Q4 2017
Show the numbers
PeriodErrenteriaSpain
Q2 2026173.1151.1
Q1 2026166.1148.6
Q4 2025159.3143.1
Q3 2025148.9138.2
Q2 2025149.8134.3
Q1 2025143.7130.5
Q4 2024144.9126.5
Q3 2024139.0123.2
Q2 2024136.3121.6
Q1 2024129.9119.7
Q4 2023132.5118.2
Q3 2023123.6116.3
Q2 2023126.8115.0
Q1 2023122.6114.7
Q4 2022127.2112.2
Q3 2022124.6111.6
Q2 2022121.2111.7
Q1 2022121.0111.2
Q4 2021126.0108.7
Q3 2021118.4106.6
Q2 2021110.7105.8
Q1 2021115.6104.3
Q4 2020113.3104.1
Q3 2020111.1103.9
Q2 2020108.4103.3
Q1 2020114.0105.2
Q4 2019116.9106.0
Q3 2019109.4105.1
Q2 2019110.3105.0
Q1 2019104.8105.0
Q4 2018110.0103.9
Q3 2018105.0102.0
Q2 201896.0101.9
Q1 2018101.8100.5
Q4 2017100.0100.0

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
Q1 2018Q2 2018−5.8%33
Q4 2018Q1 2019−4.7%33
Q4 2019Q2 2020−7.2%615
Q4 2021Q1 2022−4.0%39
Q4 2022Q1 2023−3.7%39

Spain against the EU since 2015

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

  • Spain
  • EU
  • 2015 = 100
Show the numbers
PeriodSpainEU
Q2 2026200.6168.6
Q1 2026194.1166.5
Q4 2025187.5164.6
Q3 2025184.1163.5
Q2 2025178.9161.0
Q1 2025172.0158.5
Q4 2024166.1156.2
Q3 2024163.1155.1
Q2 2024158.6152.7
Q1 2024153.2149.8
Q4 2023149.1148.9
Q3 2023150.7149.1
Q2 2023147.0148.2
Q1 2023144.0147.6
Q4 2022143.0148.7
Q3 2022144.2150.9
Q2 2022141.7149.6
Q1 2022139.1146.2
Q4 2021135.6143.2
Q3 2021133.9140.2
Q2 2021131.2136.0
Q1 2021128.1132.1
Q4 2020127.6129.8
Q3 2020128.6128.1
Q2 2020127.0126.3
Q1 2020126.9124.4
Q4 2019125.4122.7
Q3 2019126.3121.5
Q2 2019124.3119.8
Q1 2019122.9117.6
Q4 2018121.0116.8
Q3 2018120.5115.9
Q2 2018117.9114.2
Q1 2018115.0112.3
Q4 2017113.4111.2
Q3 2017112.4110.4
Q2 2017110.4108.8
Q1 2017108.2106.9
Q4 2016105.8106.1
Q3 2016105.4105.4
Q2 2016104.6103.8
Q1 2016102.7102.0
Q4 2015101.3101.1
Q3 2015101.3100.8
Q2 2015100.799.8
Q1 201596.798.3

Appraised values go back to 1995 for Spain, its regions and provinces, and to 2005 for municipalities over 25,000 inhabitants. They are quarterly, so falls are dated by quarter. A fall counts once values drop 3% below a peak, and ends when they are back at it.

Other reports for Errenteria

At the average appraised value, a 90 m² home costs €296,640. With 10% down and a 30-year mortgage, the payment is €1,131 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
28%
Payment, one income
56%

Figures for Gipuzkoa province: Errenteria has no reliable figures of its own.

21.4% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
1,321

Figures for Gipuzkoa province: Errenteria has no reliable figures of its own.

Buyers living abroad bought 1.2% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
1.2%

6.6% of the 17,999 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
6.6%
Empty homes
1,180