The Valencian property market is showing two different trends in terms of the availability of homes for sale. While the province of Valencia recorded a 1% decrease in its housing supply during the third quarter of 2026, the city of Valencia experienced a 15% increase, becoming the Spanish provincial capital with the highest growth.
Today, at Quinta Avenida Real Estate, we take a closer look at the latest figures published by Idealista and explore how these developments highlight the differences between the provincial property market and that of the regional capital.
Homes for Sale Supply Declines Across Valencia Province
According to data from Idealista reported by Europa Press, the number of homes available for sale decreased across all three provinces of the Valencian Community during the third quarter of 2026, compared with the same period the previous year.
Castellón recorded the sharpest decline, with a 16% reduction in available properties. In Alicante, supply fell by 5%, while Valencia province registered a more moderate decrease of 1%.
This last figure reflects a relatively stable provincial housing market, particularly when compared with the 9% decline recorded across Spain as a whole.
Therefore, although Valencia province is experiencing a smaller reduction than other areas, the number of properties available to buyers continues to fall. This highlights the importance of analysing each local market independently, as provincial figures do not always reflect what is happening in their main cities.
Valencia City Sees a 15% Increase in Homes for Sale
In contrast to the decline recorded across the province, the city of Valencia is following a completely different trend. During the third quarter of 2026, the capital saw a 15% increase in the number of homes available for sale compared with the same period in the previous year.
This growth makes Valencia the Spanish provincial capital with the largest increase in housing supply. It even ranks ahead of Madrid, which recorded a 14% rise.
Other Spanish cities also experienced increases, although at a more moderate pace. San Sebastián saw an 8% rise, Ávila 7%, Santa Cruz de Tenerife 3%, Seville 2% and Barcelona 1%.
As a result, Valencia city stands out for its positive trend in property availability, contrasting with the 1% decrease recorded across the province as a whole.
This difference is particularly relevant when understanding the Valencian property market: while the provincial housing supply continues to shrink, the capital is adding more properties to the residential sales market.
Housing Supply in Spain Continues to Decline
Valencia’s performance takes place against a national backdrop characterised by a reduction in the number of homes available for purchase.
According to Idealista, housing supply across Spain fell by 9% during the third quarter of 2026 compared with the same period in 2025. Furthermore, the rate of decline accelerated, increasing from 7% in the second quarter to 9% in the third.
At provincial level, Madrid was the only province to record an increase in available properties, with an 8% rise. In most other parts of the country, housing supply continued to decline.
Among the provinces with the smallest reductions were Valencia, with a 1% decrease; Santa Cruz de Tenerife, with 2%; and Alicante, Las Palmas and Seville, each recording a 5% decline.
These figures show that limited housing supply remains one of the main factors shaping Spain’s property market, although significant differences exist between provinces and their respective capital cities.
What Does the Increase in Available Homes Mean for Valencia City?
The 15% increase in housing supply in Valencia city adds an important dimension to the local property market. Although the province has recorded a slight decline, the capital is moving in the opposite direction, with more properties available for potential buyers.
According to Francisco Iñareta, spokesperson for Idealista, the performance of major property markets such as Valencia and Madrid contrasts with that of medium-sized and smaller cities, where housing supply continues to decline at a significant rate.
The spokesperson also points out that the substantial price increases recorded in major cities may be pushing some buyers out of the market, as property prices have become increasingly difficult to afford. This situation could reduce pressure on available housing and potentially contribute to more moderate price increases in the medium term.
However, an increase in housing supply does not necessarily mean that properties are becoming more affordable. To understand the market’s real evolution, it is also important to consider asking prices, demand levels and the pace at which transactions are completed.
For those looking to buy a home in Valencia city, this increase could mean more options to compare in terms of location, features and prices. Meanwhile, homeowners planning to sell should pay close attention to competing properties and establish an appropriate asking price to position their property effectively.
Conclusion: Housing Supply Falls Across Valencia Province, While the Capital Grows by 15%
The latest Idealista figures reveal two different realities within the Valencian property market. On the one hand, Valencia province recorded a 1% decline in its housing supply during the third quarter of 2026. On the other, Valencia city experienced a 15% increase, the highest growth among Spanish provincial capitals.
This difference demonstrates that analysing the property market solely at provincial level can provide an incomplete picture of its development. The regional capital is increasing its housing supply, while the province as a whole continues to experience a decline.
At Quinta Avenida Real Estate, we closely monitor market trends to provide homeowners and buyers with useful, up-to-date information. If you are considering selling, buying or renting a property in Valencia, our team can help you understand current market conditions and find the right strategy for your home.
