New housing prices in the Basque Country at historic highs: 3,450 euros per metre

The price of new homes in the Basque Country increased by 6.5% in the first half of 2025 compared to the same period of the previous year, with an average of 3,450 euros per square metre, the highest price in history, and 300 euros more than the average price in Spain (about 3,151 euros per metre).

This is indicated by the Valuation Society's report on the pricesofnew housing. Hor indicates that  isahead of  of Navarre (6.4%) in the year-on-year increase in the price of new housing.

By capital, thehighest average price is in Donostia-San Sebastián  (4,673 €/ m²), followed by Bilbao(3,373 €/ m²) - both at the highest price in history - and finally Vitoria-Gasteizin  (2,634 €/ m²).

In addition, San Sebastián is the third capital with the highest unit price at the state level,after Barcelona (5695 €/ m²) and Madrid(4893 €/ m²).

In this context, themost significant year-on-year variation is in Donostia-San Sebastián and Bilbao, with year-on-year increases of 6.7 per cent and 6.6 per cent, respectively,followed by Vitoria-Gasteiz (5.8 per cent).