A Metrovacesa study finds that home prices in the Andalusian capital have risen 41.7% since 2022, compared with 66.5% in Málaga, 61.4% in Valencia and 53.7% in Madrid.
Seville has substantially increased homebuilding in recent years. Prices are still rising, but they have risen less than in several other major Spanish housing markets over the period covered by Metrovacesa’s latest report. The cumulative increase of 41.7% in the Andalusian capital was also below Alicante’s 53%.
The year-on-year figures tell a slightly different story. Home prices rose 12.9% in Seville, just above the national average of 12.5%, according to the developer. The report says prices are still rising sharply because demand continues to outstrip supply.
More than twice as many new homes approved as in 2022
The increase in residential development is one of the most notable changes in Seville’s housing market. Plans for 4,464 new homes were approved in the province in 2022. In the 12 months to April 2026, that figure reached 10,608, more than double the 2022 total. Metrovacesa sees the increase as a sign that developers are responding to growing housing needs.
Demand also remains strong. Between January and July 2026, home sales in Seville rose 5.2% compared with the same period a year earlier, while sales across Spain fell 3%. Sales of newly built homes in Seville province rose 9.1%.
The report attributes this trend to population growth and the formation of new households. Seville added 8,200 households in the past year, an increase of 1.1%, close to Spain’s 1.2%. According to the study, that demographic pressure helps explain why prices continue to rise even as supply expands.
A smaller housing shortfall than in other major markets
The report estimates that Seville province accumulated a shortfall of 17,700 homes between 2021 and 2025. That was below Málaga’s 26,300, Alicante’s 58,000 and Valencia’s 68,700, and well below Madrid’s 106,000.
Foreign buyers accounted for just 4.1% of home sales in Seville, compared with 16.6% nationwide. Metrovacesa says this “highlights the predominantly domestic nature of demand. Understanding who is buying and tracking demographic trends are essential to matching the number and types of new homes to the needs of the market.”
Subsidized housing and the outlook
According to the report, approvals issued in 2024 and 2025 point to more completed homes coming onto the market over the next few years. Those homes are expected to meet some of the demand and ease the existing shortfall.
Subsidized housing accounted for 11.5% of new-home approvals in the province in 2025. More subsidized homes were delivered than in the previous year, and provisional approvals suggest that pace could continue over the next two years.
“Seville shows that it’s possible to build substantially more homes in response to growing housing needs. Demand pressure is still reflected in prices, and increasing supply is essential to bringing the market into better balance. The key is to sustain that effort over the next few years so we can continue to meet Seville’s housing needs,” said Antonio Gil Ramírez, Metrovacesa’s representative for Western Andalusia, after the report was presented.
