Home purchases in the Balearic Islands will grow by 5% in 2025

Across Spain, property sales increased by 11.5%. This is the highest figure recorded since 2007, at the height of the housing bubble.

ARA Balears
20/02/2026

PalmHome sales in the Balearic Islands grew by 5% year-on-year in 2015, reaching 14,529 units, according to data published this Friday by the National Statistics Institute (INE). This marks a return to positive growth rates, with a total of 1,104 transactions recorded in December. These sales represent the fourth-highest figure for the month in the region's recorded history. Of the total, 11,522 were market-rate homes; 3,303 were market-rate homes; and 230 were subsidized housing. Compared to the previous month, home sales in the Islands fell by 2.2%.

Across Spain, property sales increased by 11.5% year-on-year in 2025, reaching 714,237 units, the highest figure recorded since 2007, at the height of the housing bubble.