Specifically, the two capitals in the Canary Islands appear in sixth and seventh place in this ranking, led by Móstoles, the second largest city in the Community of Madrid, which has the highest demand pressure on housing supply in idealista during the first quarter of 2024, for the first time ahead of Madrid.
Moreover, according to Idealista, the Mediterranean coast and the two archipelagos dominate the highest prices among the most demanded localities.
Thus, the town of Adeje in Tenerife (south of the island, and one of the main tourist destinations in the archipelago) has average housing prices for buying at 681,500 Euros, according to the real estate portal’s study.
In the classification of municipalities with the highest relative demand, Móstoles (211,000 inhabitants) surpasses the capital itself, followed by Getafe (185,000), València, and Alcalá de Henares (200,000), also on the outskirts of Madrid, ahead of Santa Cruz de Tenerife or Las Palmas de Gran Canaria.
In eighth place is the town of Torrent in Valencia (87,000 inhabitants), followed by Zaragoza, Barcelona, Sevilla, Reus (Tarragona, 109,000), Málaga, L’Hospitalet de Llobregat (Barcelona, 276,000), Santander, Huelva, Palma, Gijón (268,000), Sant Cugat del Vallès (Barcelona, 98,000), and Almería, which rounds out the top 20.
Following are Alicante, A Coruña, Manresa (Barcelona, 79,000), Badalona (Barcelona, 224,000), San Bartolomé de Tirajana (Las Palmas, 54,000), Donostia-San Sebastián, the Malaga towns of Rincón de la Victoria (51,000) and Torremolinos (70,000), Lleida, and Vitoria-Gasteiz.
