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Onda · report

Past price cycles in Onda

Appraised values have fallen by 3% or more 5 times since 2020. The deepest began in Q3 2023.

Deepest fall
−8.5%
Recovery from the low
6 months

Prices in Onda and in Spain, indexed

Appraised values, both set to 100 in Q1 2020.

  • Onda
  • Spain
  • 100 = Q1 2020
Show the numbers
PeriodOndaSpain
Q2 2026147.0143.6
Q1 2026138.0141.2
Q4 2025138.3135.9
Q3 2025128.6131.3
Q2 2025128.9127.6
Q1 2025128.8124.0
Q4 2024120.8120.2
Q3 2024120.6117.1
Q2 2024115.5115.6
Q1 2024112.8113.7
Q4 2023104.4112.3
Q3 2023114.1110.5
Q2 2023107.5109.3
Q1 2023112.6109.0
Q4 2022106.3106.6
Q3 2022104.1106.1
Q2 2022102.5106.1
Q1 2022101.6105.7
Q4 2021110.9103.3
Q3 2021104.6101.3
Q2 2021103.9100.5
Q1 2021101.599.1
Q4 2020108.198.9
Q3 2020101.498.7
Q2 202095.898.2
Q1 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
Q1 2020Q2 2020−4.2%33
Q4 2020Q1 2021−6.0%39
Q4 2021Q1 2022−8.4%312
Q1 2023Q2 2023−4.5%33
Q3 2023Q4 2023−8.5%36

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 Onda

Affordability

At the average appraised value, a 90 m² home costs €92,475. With 10% down and a 30-year mortgage, the payment is €353 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.

Payment, two incomes
11%
Payment, one income
21%

Buy or rent

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
€518
Owning per month
€327

New homes

Figures for Castellón/Castelló province: Onda has no reliable figures of its own.

79.7% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
1,691

Foreign buyers

Figures for Castellón/Castelló province: Onda has no reliable figures of its own.

Buyers living abroad bought 5.6% of the homes sold here in the four quarters to Q2 2026.

Bought by buyers abroad, 12 months
5.6%

Empty homes

15.9% of the 14,658 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
15.9%
Empty homes
2,333