Palencia province · report
Past price cycles in Palencia province
Appraised values have fallen by 3% or more once since 2012. That fall began in Q4 2012.
- Deepest fall
- −20.6%
- Recovery from the low
- 54 months
Prices in Palencia province and in Spain, indexed
Appraised values, both set to 100 in Q4 2012.
- Palencia province
- Spain
- 100 = Q4 2012
Show the numbers
| Period | Palencia province | Spain |
|---|---|---|
| Q2 2026 | 100.6 | 153.8 |
| Q1 2026 | 94.2 | 151.2 |
| Q4 2025 | 90.3 | 145.6 |
| Q3 2025 | 88.0 | 140.6 |
| Q2 2025 | 88.2 | 136.7 |
| Q1 2025 | 87.0 | 132.8 |
| Q4 2024 | 85.1 | 128.8 |
| Q3 2024 | 82.8 | 125.5 |
| Q2 2024 | 85.4 | 123.8 |
| Q1 2024 | 84.0 | 121.9 |
| Q4 2023 | 83.0 | 120.3 |
| Q3 2023 | 85.7 | 118.4 |
| Q2 2023 | 84.4 | 117.1 |
| Q1 2023 | 84.9 | 116.8 |
| Q4 2022 | 82.7 | 114.2 |
| Q3 2022 | 81.7 | 113.6 |
| Q2 2022 | 84.2 | 113.7 |
| Q1 2022 | 81.2 | 113.2 |
| Q4 2021 | 79.4 | 110.6 |
| Q3 2021 | 82.9 | 108.5 |
| Q2 2021 | 80.6 | 107.7 |
| Q1 2021 | 80.6 | 106.2 |
| Q4 2020 | 83.0 | 105.9 |
| Q3 2020 | 84.1 | 105.8 |
| Q2 2020 | 84.0 | 105.2 |
| Q1 2020 | 85.3 | 107.1 |
| Q4 2019 | 83.8 | 107.9 |
| Q3 2019 | 84.8 | 107.0 |
| Q2 2019 | 88.1 | 106.9 |
| Q1 2019 | 89.4 | 106.9 |
| Q4 2018 | 90.9 | 105.7 |
| Q3 2018 | 88.6 | 103.8 |
| Q2 2018 | 86.2 | 103.7 |
| Q1 2018 | 89.1 | 102.3 |
| Q4 2017 | 88.9 | 101.8 |
| Q3 2017 | 88.2 | 100.6 |
| Q2 2017 | 91.1 | 99.9 |
| Q1 2017 | 90.2 | 99.6 |
| Q4 2016 | 93.1 | 98.7 |
| Q3 2016 | 89.5 | 97.9 |
| Q2 2016 | 90.0 | 98.4 |
| Q1 2016 | 93.9 | 97.5 |
| Q4 2015 | 91.7 | 97.3 |
| Q3 2015 | 93.2 | 96.4 |
| Q2 2015 | 94.8 | 96.4 |
| Q1 2015 | 93.9 | 95.2 |
| Q4 2014 | 90.7 | 95.6 |
| Q3 2014 | 90.3 | 95.1 |
| Q2 2014 | 90.0 | 95.3 |
| Q1 2014 | 91.7 | 95.3 |
| Q4 2013 | 94.5 | 95.8 |
| Q3 2013 | 91.8 | 97.7 |
| Q2 2013 | 94.3 | 98.1 |
| Q1 2013 | 94.6 | 99.0 |
| Q4 2012 | 100.0 | 100.0 |
Every fall of 3% or more
From the peak to the lowest month after it, and how long prices took to get back.
| Peak | Low | Fall | Months falling | Months to recover |
|---|---|---|---|---|
| Q4 2012 | Q4 2021 | −20.6% | 108 | 54 |
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
| Period | Spain | EU |
|---|---|---|
| Q2 2026 | 200.6 | 168.6 |
| Q1 2026 | 194.1 | 166.5 |
| Q4 2025 | 187.5 | 164.6 |
| Q3 2025 | 184.1 | 163.5 |
| Q2 2025 | 178.9 | 161.0 |
| Q1 2025 | 172.0 | 158.5 |
| Q4 2024 | 166.1 | 156.2 |
| Q3 2024 | 163.1 | 155.1 |
| Q2 2024 | 158.6 | 152.7 |
| Q1 2024 | 153.2 | 149.8 |
| Q4 2023 | 149.1 | 148.9 |
| Q3 2023 | 150.7 | 149.1 |
| Q2 2023 | 147.0 | 148.2 |
| Q1 2023 | 144.0 | 147.6 |
| Q4 2022 | 143.0 | 148.7 |
| Q3 2022 | 144.2 | 150.9 |
| Q2 2022 | 141.7 | 149.6 |
| Q1 2022 | 139.1 | 146.2 |
| Q4 2021 | 135.6 | 143.2 |
| Q3 2021 | 133.9 | 140.2 |
| Q2 2021 | 131.2 | 136.0 |
| Q1 2021 | 128.1 | 132.1 |
| Q4 2020 | 127.6 | 129.8 |
| Q3 2020 | 128.6 | 128.1 |
| Q2 2020 | 127.0 | 126.3 |
| Q1 2020 | 126.9 | 124.4 |
| Q4 2019 | 125.4 | 122.7 |
| Q3 2019 | 126.3 | 121.5 |
| Q2 2019 | 124.3 | 119.8 |
| Q1 2019 | 122.9 | 117.6 |
| Q4 2018 | 121.0 | 116.8 |
| Q3 2018 | 120.5 | 115.9 |
| Q2 2018 | 117.9 | 114.2 |
| Q1 2018 | 115.0 | 112.3 |
| Q4 2017 | 113.4 | 111.2 |
| Q3 2017 | 112.4 | 110.4 |
| Q2 2017 | 110.4 | 108.8 |
| Q1 2017 | 108.2 | 106.9 |
| Q4 2016 | 105.8 | 106.1 |
| Q3 2016 | 105.4 | 105.4 |
| Q2 2016 | 104.6 | 103.8 |
| Q1 2016 | 102.7 | 102.0 |
| Q4 2015 | 101.3 | 101.1 |
| Q3 2015 | 101.3 | 100.8 |
| Q2 2015 | 100.7 | 99.8 |
| Q1 2015 | 96.7 | 98.3 |
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 Palencia province
At the average appraised value, a 90 m² home costs €101,484. With 10% down and a 30-year mortgage, the payment is €387 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 11%
- Payment, one income
- 22%
22.8% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 369
- Per 1,000 residents
- 2.3
Buyers living abroad bought 0.8% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 0.8%
In 2024 the population grew by 638 while 316 homes were finished: 2.0 new residents for every new home.
- New residents per new home, 2024
- 2.0
- Population change, 2024
- +638
15.3% of the 116,431 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 15.3%
- Empty homes
- 17,799
Public bodies signed €3.2M of housing works here in 2025, and €11.6M since 2017.
- Signed in 2025
- €3.2M
- Per resident, 2025
- €20