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Illescas · report

Past price cycles in Illescas

Appraised values have fallen by 3% or more 3 times since 2020. The deepest began in Q3 2021.

Deepest fall
−5.1%
Recovery from the low
3 months

Prices in Illescas and in Spain, indexed

Appraised values, both set to 100 in Q1 2020.

  • Illescas
  • Spain
  • 100 = Q1 2020
Show the numbers
PeriodIllescasSpain
Q2 2026148.1143.6
Q1 2026134.9141.2
Q4 2025128.4135.9
Q3 2025128.3131.3
Q2 2025127.7127.6
Q1 2025127.1124.0
Q4 2024119.7120.2
Q3 2024112.1117.1
Q2 2024107.2115.6
Q1 2024111.1113.7
Q4 2023109.9112.3
Q3 2023107.4110.5
Q2 2023110.0109.3
Q1 2023106.4109.0
Q4 2022106.4106.6
Q3 2022107.5106.1
Q2 2022101.3106.1
Q1 2022103.7105.7
Q4 202198.4103.3
Q3 2021103.6101.3
Q2 202198.2100.5
Q1 202197.999.1
Q4 202098.398.9
Q3 202095.598.7
Q2 202095.698.2
Q1 2020100.0100.0

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 2020Q3 2020−4.5%612
Q3 2021Q4 2021−5.1%33
Q1 2024Q2 2024−3.5%33

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 Illescas

Affordability

At the average appraised value, a 90 m² home costs €164,322. With 10% down and a 30-year mortgage, the payment is €627 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
19%
Payment, one income
38%

Buy or rent

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 appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.

Rent per month
€659
Owning per month
€581

New homes

Figures for Toledo province: Illescas has no reliable figures of its own.

83.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
2,729

Foreign buyers

Figures for Toledo province: Illescas has no reliable figures of its own.

Buyers living abroad bought 0.3% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
0.3%

Empty homes

9.0% of the 12,265 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
9.0%
Empty homes
1,098