ARCHIVED - Further evidence of a return to pre-pandemic levels in the Murcia property market

April sales in the Costa Cálida up by 81 per cent over the same lockdown-affected month last year

As the pandemic situation continues to ease evidence continues to accumulate to suggest that the Murcia property market is returning to pre-coronavirus levels, and in some ways has done already!

The latest provisional figures published by the national government on Friday, relating to the month of April, report that 1,466 homes changed hands during the month. This not only represents a rise of 81.4 per cent over the same month last year, when the first lockdown affected activity severely, but also a 19-per-cent increase over April 2019.

But a better view of the long-term picture is given by the rolling 12-monthly total, which now stands at 15,108, and now that the first pandemic months of March and April 2020 have been washed out of the total this equates to 90.9 per cent of the figure 12 months ago – it appears logical to assume that within a couple of months it will be back to pre-pandemic levels.

It is no surprise to learn that that during April all 17 regions of Spain reported year-on-year increases in sales, with the national average rise being 65.9 per cent. The sharpest increases are reported in Extremadura (178 per cent), Castilla-La Mancha (165 per cent) and Navarra (121 per cent), while as was the case last month the Balearics fared less well, footing the list after recording a rise of “only” 23.9 per cent in comparison with April 2020.