Araba/Álava province · report
People and new homes in Araba/Álava province
In 2024 the population grew by 3,354 while 557 homes were finished: 6.0 new residents for every new home.
- New residents per new home, 2024
- 6.0
- Population change, 2024
- +3,354
Population change and homes finished in Araba/Álava province
The population's yearly change, net migration plus births minus deaths, against homes certified complete. INE and MIVAU.
Population change
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| Year | Population change |
|---|---|
| 2024 | 3,354 |
| 2023 | 2,285 |
| 2022 | 2,459 |
| 2021 | 546 |
Homes finished
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| Year | Homes finished |
|---|---|
| 2024 | 557 |
| 2023 | 810 |
| 2022 | 615 |
| 2021 | 497 |
Year by year
| Year | Net migration | Births minus deaths | Population change | Homes finished |
|---|---|---|---|---|
| 2021 | +1,149 | −603 | +546 | 497 |
| 2022 | +3,358 | −899 | +2,459 | 615 |
| 2023 | +2,984 | −699 | +2,285 | 810 |
| 2024 | +4,285 | −931 | +3,354 | 557 |
Births and deaths are INE's, by place of residence; net migration counts moves to and from abroad and the rest of Spain, and INE publishes it from 2021. Homes finished are completion certificates. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.
Other reports for Araba/Álava province
At the average appraised value, a 90 m² home costs €227,817. With 10% down and a 30-year mortgage, the payment is €869 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 22%
- Payment, one income
- 43%
8.1% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 809
- Per 1,000 residents
- 2.4
Buyers living abroad bought 0.4% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 0.4%
Appraised values have fallen by 3% or more 2 times since 1995. The deepest began in Q2 2006.
- Deepest fall
- −27.7%
- Recovery from the low
- Not yet
6.5% of the 168,086 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 6.5%
- Empty homes
- 10,965
Public bodies signed €7.8M of housing works here in 2021, and €7.8M since 2017.
- Signed in 2021
- €7.8M
- Per resident, 2021
- €23