🇪🇸 Madrid

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.