Let’s leave the charts talk. The tendency on the number of properties sold in Benahavis showed by the data of the first quarter has been confirmed in the second quarter. In fact, in 2012, the number of properties sold is already higher than that of the whole 2011. In Marbella, the numbers are not that good but in the same line.
The number of properties sold in the first semester is higher than the ones sold in the same period of 2011.
However, there is a negative side on the information provided by the Ministry of Housing: the mean selling price is lower (although the available information is only for the whole Malaga province). A simple conclusion can be reached: more properties are being sold at cheaper prices. This means that if you reach the appropriate market price, you may be able to sell. Therefore, the market is not dead but it is correcting itself.
The number of properties sold in the first semester is higher than the ones sold in the same period of 2011.
However, there is a negative side on the information provided by the Ministry of Housing: the mean selling price is lower (although the available information is only for the whole Malaga province). A simple conclusion can be reached: more properties are being sold at cheaper prices. This means that if you reach the appropriate market price, you may be able to sell. Therefore, the market is not dead but it is correcting itself.