High prices in central Barcelona are shifting demand to suburbs, where housing costs 30% less, according to IV Solvia Market View 2024 and CaixaBank Research. Despite price increases in these areas, growth remains moderate, reinforcing their appeal for buyers and investors.
Top Municipalities by Activity
2024 sales leaders:
- Terrassa: 3,338 transactions (+9% vs. 2023).
- L’Hospitalet de Llobregat: 3,206 (+12.5%).
- Sabadell: 2,923 (+14.9%).
- Badalona: 2,646 (+3.4%).
- Mataró: 1,673 (+17.8%).
Juan Ramón Prieto (Solvia): “Affordable prices and connectivity to Barcelona drive their appeal.”
Price Trends: Suburbs vs. City Center
- Barcelona (center): +11.3% YoY (avg. price: €3,937/m²).
Suburbs:
- L’Hospitalet: +9.1% (€2,601/m²).
- Cornellà: +6.8%.
- Esplugues: +5.6%.
- Badalona: +10.5% (€2,495/m²).
- Mataró: +8.3% (€2,263/m²).
Mercedes Blanco (Vecinos Felices): “Suburban price growth is tempered by supply-demand balance.”
Key Drivers & Forecasts
1. Demand shift: Families and investors seek affordability without compromising quality of life.
2. Infrastructure: Areas with transport links and services attract more buyers.
3. Limited central supply: Shortage of new housing accelerates suburban migration.
Robin Decaux (Equito): “37% transaction growth in the province highlights potential in developing zones.”
2025 Outlook
Moderate price hikes: Expected 6-9% annual growth (Tinsa, CaixaBank).
Urbanization focus: Investment in municipalities with development projects.
Risks: Price acceleration if demand outstrips supply.
Barcelona’s suburbs are emerging as a strategic market for value-driven purchases. Price gaps, infrastructure upgrades, and diverse options sustain their appeal.