Spain · Bubble Score 52/100

🇪🇸 Madrid

WARMING

Madrid has a warming market with a bubble score of 52/100. Prices are rising but remain within a range that could be supported by fundamentals. The price-to-income ratio of 9.3x is elevated but manageable.

Price / m²
4,200
YoY Change
+6.1%
Bubble Score
52/100
Affordability
42/100
Risk assessment

Inside the score.

Price-to-Income Ratio
9.3x

Madrid has a warming market with a bubble score of 52/100. Prices are rising but remain within a range that could be supported by fundamentals. The price-to-income ratio of 9.3x is elevated but manageable.

What the bubble score means

The bubble score (0–100) aggregates price-to-income ratio, year-on-year price changes, affordability metrics, and macroeconomic indicators. Scores above 75 indicate bubble territory, 60–74 overheating, 45–59 warming, and below 45 a healthy market.

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🇪🇸 Madrid bubble score: 52/100 (WARMING) — €4,200/m², +6.1% YoY. See all 30 EU cities: avenaterminal.com/bubble-scanner