{"id":14556,"date":"2021-12-03T08:36:02","date_gmt":"2021-12-03T08:36:02","guid":{"rendered":"https:\/\/lanjaronproperty.com\/?p=14556"},"modified":"2021-12-03T08:36:02","modified_gmt":"2021-12-03T08:36:02","slug":"november-2021-property-market-report-for-orgiva-lanjaron-and-lecrin-valley","status":"publish","type":"post","link":"https:\/\/lanjaronproperty.com\/november-2021-property-market-report-for-orgiva-lanjaron-and-lecrin-valley\/","title":{"rendered":"November 2021 Property Market Report for Orgiva, Lanjaron and Lecrin Valley"},"content":{"rendered":"
What has been happening in the property market locally across Orgiva, Lanjaron, The Alpujarra and Lecrin Valley?<\/strong><\/p>\n We will have a look at the facts and figures across the local markets and then we can look at some interesting numbers affecting this. Then we can take a look forward to what the rest of the year might hold.<\/p>\n First, let’s have a look at Orgiva Properties<\/strong>. Lecrin Valley Property<\/strong> In Melegis for example there were 21 properties for sale with an average price of 116,785euros which equates to a price per sqm of 728 euros.<\/p>\n
\nThere were 90 available for sale last month with an average asking price of 259 527 euros, an average price per sqm of 1,442 euros. This shows a slight decrease e in the average asking price for the third month running, but this does not necessarily mean that prices are falling, it is quite normal for there to be changes like this especially as properties that have been overpriced for a long time start to adjust their prices to reflect market conditions. There are also some seasonal demand pressures in Orgiva, which are being reflected across the region at the moment. The average prices are often influenced more by the properties that remain on the market rather than those that have been selling quickly. We will look at this in a bit more detail in a moment.
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\nMoving onto Lanjaron Property<\/strong>, there were 105 listed for sale with an average price of a little under 137,782 euros or 1719 per square meter. This is again a slight decrease in stock over the last few months, which is attributed to the same market conditions as Orgiva, the average price is experiencing some drag from the properties that are not selling over a longer period, whereas those that are selling quickly have been more accurately priced in the market. <\/p>\n
\nA similar story is shared with Lecrin Valley Property, prices and activity remain good, but looking at the average prices over the course of the year, there is a distinct difference between the average asking price and selling price, with many proprieties lingering on the market for a long time due to poor pricing and marketing strategies.<\/p>\n