Market insights

No demand problem. A system problem.

Mallorca has buyers, sellers and homes. What it lacks is one shared picture of what is for sale. The key figures, with source and period.

Updated 27 Oct 2026

The market

Who buys, how many and at what price.

Notaries / INE · 2025

~14,600

sales in the Balearics in 2025, up 5.7% on the year before

Ministry of Housing / notaries · Q1 2026

€4,200–4,300

registered sale price per m², Mallorca

idealista · Sep 2026

~€5,500

asking price per m², Mallorca

Registradores · Balearics, Q2 2026

about 1 in 3 (~32%)

buyers come from abroad

Our estimates

Calculated from the figures above. Marked as ours.

Our estimate

~€5bn

traded in homes in Mallorca each year

~10,800 sales × ~€460,000 average price.

Our estimate

up to ~€250M

paid in agent fees each year

~€5bn × up to 5% fee. An upper limit: not every sale goes through an agent.

The problem

Nobody can say how many homes are for sale today.

The same home is listed by several agents on several portals. The count depends on who is counting.

MallorcaData · Snapshot 2026

~27,500

unique homes for sale

MallorcaData · Snapshot 2026

~43,600

listings on the portals for those homes

MallorcaData · Snapshot 2026

1.6×

the same home on the portals, on average

Several sources · 2026

27,500–96,000

homes for sale, depending on which source you ask

Shown only as a range. Nobody can say how many homes are for sale today.

Area by area

Notary prices and asking prices, side by side.

Live from our market data. More areas are added as owners open Market Files.

AreaSold €/m²Average sale priceSales, 12 monthsAsking €/m²Asking, 1 year
Andratx€8,122€1,216,271238€8,641-0.2%
Andratx07157€10,423€1,705,103121€10,626+4.8%
Palma€4,236€433,1774,442€5,513+3.6%
Palma07001€6,361€704,192106€7,326+8.5%

Notaries · Last 12 months  |  idealista · 2026-09

Every figure is an indication with source and period, not a valuation. Figures in blocks one and two are updated each quarter.

A system problem has a system answer.

One truth per home, shared with everyone who sells it.