Caravaca de la Cruz · report
Past price cycles in Caravaca de la Cruz
Appraised values have fallen by 3% or more 3 times since 2013. The deepest began in Q2 2013.
- Deepest fall
- −18.9%
- Recovery from the low
- 33 months
Prices in Caravaca de la Cruz and in Spain, indexed
Appraised values, both set to 100 in Q2 2013.
- Caravaca de la Cruz
- Spain
- 100 = Q2 2013
Show the numbers
| Period | Caravaca de la Cruz | Spain |
|---|---|---|
| Q2 2026 | 120.4 | 156.7 |
| Q1 2026 | 115.0 | 154.1 |
| Q4 2025 | 107.5 | 148.4 |
| Q3 2025 | 108.3 | 143.3 |
| Q2 2025 | 105.8 | 139.3 |
| Q1 2025 | 108.7 | 135.3 |
| Q4 2024 | 101.9 | 131.2 |
| Q3 2024 | 99.1 | 127.8 |
| Q2 2024 | 96.5 | 126.1 |
| Q1 2024 | 105.5 | 124.2 |
| Q4 2023 | 105.8 | 122.6 |
| Q3 2023 | 98.1 | 120.6 |
| Q2 2023 | 96.2 | 119.3 |
| Q1 2023 | 102.1 | 119.0 |
| Q4 2022 | 98.9 | 116.4 |
| Q3 2022 | 93.5 | 115.8 |
| Q2 2022 | 101.1 | 115.8 |
| Q1 2022 | 95.1 | 115.4 |
| Q4 2021 | 102.3 | 112.7 |
| Q3 2021 | 102.3 | 110.6 |
| Q2 2021 | 94.5 | 109.7 |
| Q1 2021 | 97.4 | 108.2 |
| Q4 2020 | 91.1 | 108.0 |
| Q3 2020 | 93.6 | 107.8 |
| Q2 2020 | 95.8 | 107.1 |
| Q1 2020 | 92.2 | 109.2 |
| Q4 2019 | 88.4 | 110.0 |
| Q3 2019 | 90.6 | 109.0 |
| Q2 2019 | 89.2 | 109.0 |
| Q1 2019 | 91.1 | 108.9 |
| Q4 2018 | 81.1 | 107.7 |
| Q3 2018 | 81.5 | 105.8 |
| Q2 2018 | 86.0 | 105.7 |
| Q1 2018 | 86.9 | 104.2 |
| Q4 2017 | 86.9 | 103.7 |
| Q3 2017 | 81.2 | 102.5 |
| Q2 2017 | 83.6 | 101.8 |
| Q1 2017 | 87.2 | 101.5 |
| Q4 2016 | 81.9 | 100.6 |
| Q3 2016 | 83.1 | 99.8 |
| Q2 2016 | 87.0 | 100.2 |
| Q1 2016 | 87.0 | 99.3 |
| Q4 2015 | 86.6 | 99.2 |
| Q3 2015 | 97.5 | 98.2 |
| Q2 2015 | 90.1 | 98.3 |
| Q1 2015 | 86.9 | 97.0 |
| Q4 2014 | 90.8 | 97.4 |
| Q3 2014 | 83.9 | 96.9 |
| Q2 2014 | 89.8 | 97.1 |
| Q1 2014 | 91.3 | 97.1 |
| Q4 2013 | 95.6 | 97.6 |
| Q3 2013 | 98.7 | 99.5 |
| Q2 2013 | 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 |
|---|---|---|---|---|
| Q2 2013 | Q4 2018 | −18.9% | 66 | 33 |
| Q4 2021 | Q3 2022 | −8.7% | 9 | 15 |
| Q4 2023 | Q2 2024 | −8.7% | 6 | 9 |
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 Caravaca de la Cruz
At the average appraised value, a 90 m² home costs €81,261. With 10% down and a 30-year mortgage, the payment is €310 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 11%
- Payment, one income
- 22%
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
- €343
- Owning per month
- €288
Figures for Murcia province: Caravaca de la Cruz has no reliable figures of its own.
81.4% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 4,490
Figures for Murcia province: Caravaca de la Cruz has no reliable figures of its own.
Buyers living abroad bought 13.7% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 13.7%
15.4% of the 14,630 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 15.4%
- Empty homes
- 2,255