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Home sales in Spain in August 2026: notaries publish the figures on 29 October. What to watch if you sell or buy in Madrid
On Thursday 29 October 2026 Spain's notaries publish their home sales statistics, expected to cover August, including the Madrid region. As of 22 October we explain the latest figures (7,645 sales in the Madrid region in July, down 14.2%, at €4,064/m²), what to look at on the day, why notaries, INE and Land Registrars disagree, and what it means for sellers, buyers and mortgage holders.
On Thursday 29 October 2026 Spain's General Council of Notaries (Consejo General del Notariado) publishes its monthly home sales statistics, with figures for the whole country and for each autonomous region, including the Madrid region (Comunidad de Madrid). Going by this year's pattern (June data came out on 27 August and July data on 30 September), that day should bring the August 2026 figures: how many homes were sold, at what price per square metre and how many purchases were paid for with a mortgage.
We are writing on 22 October 2026, so we do not yet know what those figures will say. What we can tell you is what the latest published data showed, what to look at on the day so you do not jump to conclusions, and what each result could mean if you are selling, buying or paying off a mortgage in Madrid. On that same Thursday, the European Central Bank also announces its interest rate decision.
What the notaries publish on 29 October
The statistics are compiled by the Notaries' Statistical Information Centre (CIEN, Centro de Información Estadística del Notariado) from the deeds signed before a notary. Its 2026 publication calendar, released on 8 January, marks 29 October as a day for the monthly CIEN release with national and regional data. The following dates are 26 November and 30 December.
Each month the release covers the number of home sales, the average price per square metre, mortgage loans to buy a home and their average amount, the share of purchases financed with a mortgage and the share of the price the loan covers. Figures are broken down into flats and single-family houses and by autonomous region. Changes are given year on year, that is, compared with the same month of the previous year.
Housing data calendar for October and November 2026
| Date | What is published | Published by |
|---|---|---|
| Monday 26 October | Home mortgages and registered sales (Transfers of Property Rights) for August 2026 | INE |
| Thursday 29 October | Home sales, price per m² and mortgage loans, expected to cover August 2026 | General Council of Notaries |
| Thursday 29 October | Interest rate decision and press conference | European Central Bank |
| Tuesday 17 November | Registered sales (Transfers of Property Rights) for September 2026 | INE |
| Thursday 26 November | Monthly statistics, expected to cover September 2026 | General Council of Notaries |
| Friday 4 December | Housing Price Index for the third quarter of 2026 | INE |
Dates from the official INE, notaries' and ECB calendars as checked on 22 October 2026. The month covered by the notaries' release is inferred from the sequence of 2026 releases.
INE (Spain's National Statistics Institute) was due to publish its August data on Monday 26 October, two days before this article goes out. As we wrote it on 22 October, those figures are not included here: you can find them on the INE website. Bear in mind, too, that they do not measure exactly the same thing as the notaries' data.
Notaries, INE and Land Registrars: why their figures differ
Notaries count sales in the month the deed is signed. INE, in its Transfers of Property Rights statistics, and the Spanish Land Registrars' Association (Colegio de Registradores) count sales once they are entered in the Land Registry (Registro de la Propiedad), which usually happens weeks after signing. That is why the same month can send different signals depending on the source: the Registrars' preview for August 2026 showed a 1.3% rise in Spain, to 48,674 home sales, and a 2.6% fall in the Madrid region, while the notaries had recorded seven months of falling signings.
| Source | What it counts | Latest figure for Spain | Madrid region |
|---|---|---|---|
| Notaries | Sale deeds signed | July 2026: 65,395 (−11.1%) | 7,645 (−14.2%) |
| INE, Transfers of Property Rights | Sales entered in the Land Registry | July 2026: 61,417 (−5.1%) | −11.3% |
| Land Registrars (preview) | Sales entered in the Land Registry | August 2026: 48,674 (+1.3%) | −2.6% |
| INE, Mortgage Statistics | Home mortgages entered in the Registry | July 2026: 43,372 (−3.5%) | −5.2% |
Year-on-year changes. Provisional data. Sources: Notaries (30 Sep 2026), INE (25 and 28 Sep 2026) and Land Registrars (6 Oct 2026).
The notaries' latest figures: seven months of decline and rising prices
In July 2026, 65,395 home sales were signed in Spain, 11.1% fewer than a year earlier, making it seven months in a row of decline. The average price, by contrast, rose 7.7% to €2,112 per square metre. In other words, fewer homes are selling, but at higher prices. Sales fell in 16 regions and rose only in Extremadura.
| Month of 2026 | Sales | Year-on-year change | Average price per m² | Price change |
|---|---|---|---|---|
| January | — | −11.4% | — | +9.0% |
| April | — | −10.2% | — | +9.4% |
| May | 55,761 | −11.8% | €2,049 | +8.8% |
| June | 67,529 | −4.0% | €2,114 | +8.8% |
| July | 65,395 | −11.1% | €2,112 | +7.7% |
Spain. "—": that month's press release does not give the figure. Source: General Council of Notaries press releases.
By type of home, July saw 48,415 flats sold (12.7% fewer) at €2,547 per square metre (12.5% more) and 16,980 single-family houses (6.2% fewer) at €1,495 (2.3% more). Mortgage loans to buy a home fell 4.9% to 36,685, with an average amount of €183,644. Some 56.1% of purchases were paid for with a mortgage, and the loan covered on average 71.6% of the price.
Madrid region: fewer sales and prices near their peak
In the Madrid region, 7,645 home sales were signed in July, 14.2% fewer than in July 2025, a steeper fall than the Spanish average. The average price was €4,064 per square metre, up 11.3%, the second highest in Spain after the Balearic Islands (€4,160). Home purchase loans fell 4.0% to 6,437, and their average amount, €288,607, is the highest of any region, although it was 9.2% lower than a year earlier.
| Madrid region | June 2026 | July 2026 |
|---|---|---|
| Home sales | 7,407 (−8.8%) | 7,645 (−14.2%) |
| Average price per m² | €4,104 (+19.5%) | €4,064 (+11.3%) |
| Home purchase loans | −2% | 6,437 (−4.0%) |
| Average loan amount | — | €288,607 (−9.2%) |
Year-on-year changes in brackets. Provisional data from the General Council of Notaries, published on 27 August and 30 September 2026.
What stands out is how quickly price growth has slowed: from 19.5% year on year in June to 11.3% in July. That is still double-digit growth, and one month does not make a trend, but it is exactly what to watch in the August figures. INE's July data, based on registrations, point the same way on volumes: 11.3% fewer registered sales in the Madrid region and 5.2% fewer home mortgages.
What to look at on 29 October
- Sales in the Madrid region compared with August 2025. Watch out for the base effect: in August 2025 Madrid was the region where sales fell most according to the notaries (down 14.5%), so a rise in August 2026 would not, on its own, mean the market has changed direction.
- Whether Spain records an eighth month of decline. In August 2025 national sales fell 1.3%, a moderate base for comparison.
- The price per square metre in Madrid: whether growth keeps slowing after dropping from 19.5% to 11.3%, or levels off.
- Mortgages: how many purchases are financed, the average loan amount and the share of the price it covers. They say a lot about how many buyers depend on the bank.
- Flats versus single-family houses, because they do not always move together.
- Revisions: the last three months' data are provisional, so July may change when August is published.
August is also a month with few signings because of the holidays. Comparing August with July tells you little; what is useful is comparing it with August of the previous year and looking at the trend over several months.
Scenarios: what each result could mean
| If the August figures show… | Possible reading | For sellers | For buyers |
|---|---|---|---|
| Fewer sales and prices still rising | A market with fewer transactions but no falls in average prices | A price in line with what is actually being signed, and a buyer with clear financing, matter more than ever | It is not reasonable to expect a general fall; the room for manoeuvre lies in each specific home and how long it has been listed |
| More sales in Madrid | Possibly a base effect after a very weak August 2025 in Madrid | It is not wise to raise your price on the strength of a single figure | More competition for well-priced homes |
| Prices clearly slowing | Would confirm that price growth is losing steam, which does not mean prices are falling | Starting with a realistic price from day one avoids later reductions | More room to negotiate, especially on homes attracting little interest |
| Mortgages falling more than sales | More cash purchases or stricter banks | It pays to know how the buyer will pay before the viewing and to get the financing condition in the arras (the deposit contract) right | It pays to have your financing assessed before making an offer |
Indicative scenarios as of 22 October 2026. They are not a forecast of the figures.
Either way, one month does not make a trend. If you see an eye-catching headline on 29 October, compare it with previous months and with what INE and the Land Registrars say before changing your plans.
The ECB meeting, on the same day
The ECB Governing Council meets on 28 and 29 October and announces its decision on Thursday 29, followed by a press conference. The one-year Euribor, the index to which most variable-rate mortgages in Spain are linked, averaged 3.247% in September, up from 2.954% in August and 1.075 points higher than a year earlier, according to the Banco de España. August deeds were generally negotiated before the September rise, so the effect of the Euribor on sales will show up more clearly in the September and October data. We explain this in «Reunión del BCE del 29 de octubre de 2026: ¿subida de tipos o pausa? Qué pasa con el euríbor y las hipotecas si compras o vendes en Madrid» (ECB meeting of 29 October 2026: rate rise or pause?) and in «Euríbor octubre 2026: cómo va la media y cuánto subirá tu hipoteca en la revisión de noviembre» (Euribor in October 2026 and your November mortgage review).
What it means for sellers, buyers and mortgage holders in Madrid
If you are selling, recent months point to a market with fewer buyers signing but average prices that remain high. That cuts two ways: your home may be worth more than a year ago, but there is less room to list at an inflated price and wait. The regional average is not the price of your home either: it depends on the neighbourhood, the floor, the condition and the size. The notaries' statistics portal (Portal Estadístico del Notariado), launched in October 2025, lets you check the average price per square metre and the number of sales in an area of your choice.
If you are buying, the fall in transactions has not so far translated into lower average prices. With an average mortgage of €288,607 in the Madrid region and a higher Euribor than a year ago, repayments weigh more heavily on your budget, so it is worth knowing how much the bank would lend you before you negotiate. And if you are under 40, remember that the cut in ITP (the transfer tax on resale homes) to 4% announced by the Madrid regional government depends on its 2027 budget being approved.
If you already have a variable-rate mortgage that is reviewed in the coming months, the reference will be a higher Euribor than a year ago. Sales figures do not change your repayment, but the ECB decision on the same day may influence where the Euribor goes.
- Check the real prices in your area on the notaries' statistics portal and compare them with the listings on the property portal you use.
- If you are selling, have the nota simple (the land registry extract showing who owns the home and any charges on it) and your latest bills to hand.
- If you are buying with a mortgage, ask your bank or a mortgage broker for an assessment before making an offer.
- On 29 October, look at the Madrid figure and not only the national one, and compare it with August 2025.
How we do it at Llavely
At Llavely, with more than 35 years in the property sector and specialist lawyers, we set the price based on the data and on your specific home: the valuation, photos, video, floor plan and virtual tour are all included. Before showing your home we talk to each buyer to find out what they are looking for and how they would pay, and we check their ID before the viewing. We carry out the viewings ourselves and you follow everything from your private seller portal. If the buyer needs a mortgage, we put them in touch, free of charge, with a mortgage broker.
Our specialist lawyers review the nota simple (land registry extract), any charges and debts, work out the taxes that apply, draft the arras (deposit contract) and any special clauses when needed, review the deed and go with you in person to the notary. All payments are made by ordinary bank transfer or OMF (urgent bank transfer), never in cash. You pay 2.5% + VAT of the price, in total, only if you sell and on the day of the notary signing. For buyers, buying with Llavely is free.
To be honest: neither we nor anyone else knows what the 29 October figures will say, and we do not promise timescales or prices. What we can do is help you go to market with a price based on what is really being signed and with buyers who know how they are going to pay. If you want to know what your home is worth, ask for your free valuation: we give you a range straight away, then we call you, visit the home and fine-tune the price.
Frequently asked questions
When do the notaries publish home sales data for August 2026?
According to the 2026 publication calendar of the Notaries' Statistical Information Centre, the monthly release with national and regional data comes out on Thursday 29 October 2026. Going by the year's sequence, it should cover August. The next release is on 26 November.
Why do the notaries', INE and Land Registrars' sales figures differ?
Because they do not count the same thing. Notaries count the deeds signed in the month; INE and the Land Registrars count sales entered in the Land Registry, which come weeks after signing. That is why the same month can rise in one source and fall in another.
How many homes were sold in the Madrid region in July 2026?
According to the notaries, 7,645 home sales, 14.2% fewer than in July 2025. INE, which counts registrations in the Land Registry, recorded 11.3% fewer sales in the Madrid region in the same month.
What is the average price per square metre in the Madrid region according to the notaries?
In July 2026 it was €4,064 per square metre, 11.3% higher than a year earlier and the second highest in Spain, after the Balearic Islands. In June it had been €4,104, with year-on-year growth of 19.5%.
If sales are falling, will house prices in Madrid come down?
Data published up to 22 October 2026 show no fall in the average price: fewer homes are selling, but at higher prices. What can be seen is that price growth in Madrid has slowed, from 19.5% in June to 11.3% in July. Nobody can say for sure what will happen; the August figures will help show whether that slowdown continues.
What does the ECB meeting on 29 October have to do with home sales?
It falls on the same day. The ECB sets interest rates, which influence the Euribor, and the Euribor drives mortgage repayments. As more than half of purchases are financed with a loan (56.1% in July, according to the notaries), anything that makes mortgages dearer affects how many buyers can sign.
Where can I check actual sale prices of homes in my area?
On the notaries' statistics portal (Portal Estadístico del Notariado), which lets you pick an area on the map and see the average price per square metre, average floor area, average amount and number of sales signed. It is a good benchmark for checking listing prices.
Should I wait for the 29 October figures before putting my flat up for sale?
A monthly figure does not change the value of your home overnight. What matters is setting the price using data from real transactions in your area and the features of your home. If you want a benchmark, you can ask for a free, no-obligation valuation.
Sources
- 2026 publication calendar, Notaries' Statistical Information Centre (Consejo General del Notariado, the General Council of Notaries, 8 January 2026)
- Home sales fall 11.1%, July 2026 data (Consejo General del Notariado, 30 September 2026)
- Home sales fall 4.0%, June 2026 data (Consejo General del Notariado, 27 August 2026)
- Home sales fall 1.3% year on year, August 2025 data (Consejo General del Notariado, 30 October 2025)
- Press room: news from the Notaries' Statistical Information Centre (Consejo General del Notariado, accessed 22 October 2026)
- Home sales: down 11.1% in July 2026, notaries' data by region (Brainsre.news, 30 September 2026)
- Home sales fall again in June with prices at record highs, notaries' data (idealista/news, 27 August 2026)
- INE statistics release calendar (INE, Spain's National Statistics Institute, accessed 22 October 2026)
- Mortgage Statistics, July 2026, press release (INE, 28 September 2026)
- Statistics on Transfers of Property Rights, July 2026, press release (INE, 25 September 2026)
- Home sales fall in July 2026, INE data by region (Brainsre.news, 25 September 2026)
- Home purchases up 1.3%, Land Registrars' August 2026 preview (Diario de León, 6 October 2026)
- The main mortgage reference rate (one-year Euribor) stands at 3.247% in September, press release (Banco de España, 1 October 2026)
- Schedules for the meetings of the Governing Council of the ECB (European Central Bank, accessed 22 October 2026)