The average home in Spain is currently on the market for 344 days, taking more than 11 months to find a buyer, according to a study recently published, which indicates that many prices are still out of reach of many buyers.
The length of time is reduced in some areas of the country. Barcelona drops to 304 days, and it's 320 in Madrid. A year ago it took 217 and 242 days respectively.
The time required to sell a home has skyrocketed in the last five years, by more 300% in Barcelona and 272% in the capital of Spain, Madrid.
No comments:
Post a Comment