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Nov 14

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Costa del Sol Journal

Málaga home sales fall 7.5% in August but stay 6% above a year earlier

Home sales in Málaga province totalled 2,564 in August 2026, down 7.5% on July but up 6% year on year. Mortgages fell 15.5% on the month, while the Andalucía price index rose 11.9% annually in Q2.

By Costa del Sol Journal Newsroom · · AI-assisted

High-rise residential towers and apartment blocks overlooking a beach and sea on the Spanish Mediterranean coast.
MANOLOBLASCO / Pixabay, Pixabay Content License

Sales in Málaga province came to 2,564 in August 2026. That is 7.5% fewer than in the previous month, but 6% more than in August last year. Of the total, 1,725 were used homes and 839 were new homes, so new homes made up 32.7% of sales.

Mortgages showed a sharper monthly drop. There were 2,021 in August, 15.5% fewer than in July, although the figure is still 2.6% above the same month a year earlier. The year-on-year gain is modest. Note that the mortgage figures cover all urban property, not only homes, so they are not directly comparable with the sales count.

On prices, the index stands at 110.903 for the second quarter of 2026, up 11.9% on a year earlier. This index covers all of Andalucía, not Málaga alone, so it should be read as a regional guide rather than a measure of Málaga prices specifically.

Taken together, the figures show activity slipping from July while remaining higher than a year ago. A single month's change is not a trend, and the data here do not explain the movements.

The figures

Indicator

Value

vs previous month

vs a year earlier

Home sales, Málaga province (August 2026)

2,564

-7.5%

+6.0%

of which new-build

839

of which resale

1,725

Mortgages on urban property, Málaga (August 2026)

2,021

-15.5%

+2.6%

House prices in Andalucía (INE housing price index, Q2 2026): index 110.9, +11.9% on a year earlier. INE does not publish this index by province.

Source: Instituto Nacional de Estadística (INE): property transfer statistics (ETDP), mortgage statistics (H) and housing price index (IPV). Recent months are provisional. Mortgage figures cover all urban property, not only homes.

Sources

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