The average price of the square meter on the entire island stood this month of October at 3,315 euros per square meter, representing an increase of 14.23% compared to the 2,902 euros registered in October of last year. This increase means that buying a home on the island is, on average, 413 euros more expensive per square meter than twelve months ago.
However, in the monthly comparison, prices fell slightly compared to the 3,335 euros registered in September, a downward adjustment of 0.6%.
This is confirmed by the latest sales offer figures from the real estate portal idealista.com, provided by the Lanzarote Data Center.
By municipalities, Teguise leads the most significant year-on-year increase on the entire island. The square meter in this town went from 2,683 euros in October of the previous year to 3,468 euros in the current month, representing a revaluation of 29.26% and an absolute increase of 785 euros.
In the analysis compared to the previous month, Teguise registered a decrease of 1.56% compared to the 3,523 euros reached in September.
Very close behind in terms of year-on-year price increase is Arrecife. The island's capital saw the price of its properties increase by 23.53% year-on-year, going from 2,057 euros per square meter in October 2025 to 2,541 euros in October 2026, which represents 484 euros more per square meter.
Arrecife also stands out as one of the few municipalities that maintained an upward trend compared to September, with a monthly increase of 1.4%.
Among the municipalities with double-digit year-on-year increases is Tías. The municipality recorded a revaluation of 10.85% compared to October of last year, increasing its average price from 3,779 euros per square meter to the current 4,189 euros (410 euros more).
In the monthly trend compared to September 2026, when it was priced at 4,260 euros, Tías registered a decrease of 1.67%.
For its part, San Bartolomé stood at 3,064 euros per square meter in October. In the year-on-year comparison, it registered an increase of 9.16% compared to the 2,807 euros in October 2025 (257 euros more), while in the monthly trend it experienced a decrease of 2.2% compared to the 3,133 euros in September.
At the opposite end, Yaiza registered moderate year-on-year growth of 1.96%. The average value in the southern municipality rose from 3,823 euros per square meter in October of the previous year to the current 3,898 euros, which translates into an increase of 75 euros. Compared to September 2026 (3,868 euros), Yaiza showed positive behavior by increasing by 0.78% monthly.
As for Haría, the average price in October was 3,044 euros per square meter, which represents a decrease of 2.4% compared to the 3,119 euros recorded in September. For this municipality, there is no year-on-year rate of change available as representative data was not recorded in October 2025.
Finally, for the municipality of Tinajo it is not possible to offer comparative data in any of the periods due to the lack of a sufficient volume of published properties to obtain representative figures.
Add La Voz de Lanzarote as a preferred Google source.
Stay informed with the latest current news.