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Durango · report

Past price cycles in Durango

Appraised values have fallen by 3% or more 2 times since 2020. The deepest began in Q3 2020.

Deepest fall
−6.1%
Recovery from the low
3 months

Prices in Durango and in Spain, indexed

Appraised values, both set to 100 in Q3 2020.

  • Durango
  • Spain
  • 100 = Q3 2020
Show the numbers
PeriodDurangoSpain
Q2 2026124.7145.4
Q1 2026123.7143.0
Q4 2025119.7137.7
Q3 2025119.8133.0
Q2 2025116.9129.3
Q1 2025110.4125.5
Q4 2024113.8121.8
Q3 2024115.3118.6
Q2 2024114.9117.0
Q1 2024109.0115.2
Q4 2023106.5113.8
Q3 2023104.3111.9
Q2 2023103.5110.7
Q1 2023106.4110.4
Q4 2022105.1108.0
Q3 2022104.6107.4
Q2 2022105.8107.5
Q1 2022102.8107.1
Q4 2021104.5104.6
Q3 2021100.7102.6
Q2 2021100.6101.8
Q1 202193.9100.4
Q4 202096.2100.2
Q3 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
Q3 2020Q1 2021−6.1%63
Q3 2024Q1 2025−4.2%63

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 Durango

Affordability

At the average appraised value, a 90 m² home costs €237,474. With 10% down and a 30-year mortgage, the payment is €906 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
20%
Payment, one income
39%

New homes

Figures for Bizkaia province: Durango has no reliable figures of its own.

41.9% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
1,833

Foreign buyers

Figures for Bizkaia province: Durango has no reliable figures of its own.

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%

Empty homes

4.7% of the 13,360 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
4.7%
Empty homes
623