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Redondela · report

Past price cycles in Redondela

Appraised values have fallen by 3% or more 6 times since 2014. The deepest began in Q1 2015.

Deepest fall
−16.2%
Recovery from the low
42 months

Prices in Redondela and in Spain, indexed

Appraised values, both set to 100 in Q4 2014.

  • Redondela
  • Spain
  • 100 = Q4 2014
Show the numbers
PeriodRedondelaSpain
Q2 2026156.5161.0
Q1 2026156.9158.3
Q4 2025153.4152.4
Q3 2025153.5147.2
Q2 2025134.9143.1
Q1 2025135.5139.0
Q4 2024129.6134.8
Q3 2024130.8131.3
Q2 2024122.5129.6
Q1 2024125.6127.5
Q4 2023134.7125.9
Q3 2023124.4123.9
Q2 2023131.2122.6
Q1 2023127.6122.2
Q4 2022123.0119.6
Q3 2022113.1118.9
Q2 2022119.5119.0
Q1 2022110.8118.5
Q4 2021120.3115.8
Q3 2021118.9113.6
Q2 2021112.8112.7
Q1 2021114.4111.1
Q4 2020110.7110.9
Q3 2020114.1110.7
Q2 2020106.8110.0
Q1 2020113.2112.1
Q4 2019105.0113.0
Q3 2019106.4112.0
Q2 2019100.1111.9
Q1 2019101.1111.8
Q4 2018100.5110.6
Q3 2018103.2108.6
Q2 201895.9108.5
Q1 2018103.8107.1
Q4 2017102.0106.5
Q3 2017102.2105.3
Q2 2017107.2104.6
Q1 2017100.6104.3
Q4 201698.0103.3
Q3 201691.1102.5
Q2 201698.0103.0
Q1 2016102.2102.0
Q4 2015104.6101.8
Q3 201597.6100.9
Q2 201599.4100.9
Q1 2015108.899.6
Q4 2014100.0100.0

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 2015Q3 2016−16.2%1842
Q1 2020Q2 2020−5.6%33
Q3 2020Q4 2020−3.0%33
Q4 2021Q1 2022−7.9%39
Q2 2023Q3 2023−5.1%33
Q4 2023Q2 2024−9.1%69

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 Redondela

At the average appraised value, a 90 m² home costs €124,011. With 10% down and a 30-year mortgage, the payment is €473 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
14%
Payment, one income
27%

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
€478
Owning per month
€439

Figures for Pontevedra province: Redondela has no reliable figures of its own.

69.1% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
2,327

Figures for Pontevedra province: Redondela has no reliable figures of its own.

Buyers living abroad bought 1.9% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
1.9%

21.4% of the 14,215 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
21.4%
Empty homes
3,036