The residential real estate market in the mid-altitude and high-altitude areas of the tourist municipality of San Bartolomé de Tirajana is consolidating a cycle of adjustment in its market valuations, offering some relief to local demand after years of inflationary spirals. According to consolidated historical data from the main platforms in the sector, for May 2026, the average price per square meter in the San Bartolomé Interior district has reached €3.776 . This figure confirms a decline in valuations that breaks with the upward trend experienced in the southern coastal areas and is gradually moving prices away from the historical peaks reached during the post-pandemic period.
Statistical trends reveal a persistent contraction over the past year, reflecting a waning appetite for investment in areas away from the beachfront. The residential land indicator in the municipality's interior experienced a monthly decrease of 1,3% compared to April, a drop that deepens to 7,0% when analyzing the quarterly variation compared to February . Year-on-year, the contraction has consolidated at 7,2% compared to May of the previous year , demonstrating that rising interest rates and stricter bank mortgage conditions have slowed speculation in the traditional housing stock of the southern midlands.
The current market value places property prices 22,7% below their all-time high , reached in November 2024, when pressure from foreign demand and high-net-worth residential buyers catapulted the average price in the area to a peak of €4.884 per square meter . Following that peak, historical price variations show a downward trend with only isolated upticks, such as the 8,5% increase recorded in October 2025 or the slight 1,1% rise in April of this year. The succession of negative rates in key months like March ( -6,8% ) and September of last year ( -2,5% ) confirms a downward stabilization that is balancing the local real estate market.
This price correction in the inland district opens a window of opportunity for local residents and service sector workers in Maspalomas , who were being forced out of coastal areas—such as Playa del Inglés or Meloneras —by the prohibitive prices imposed by the holiday market. Real estate agencies in the region interpret the moderation of expectations among inland residential sellers as helping to ease the housing problem in southern Gran Canaria. The challenge for the coming months will be to observe whether this adjustment in valuations in the midlands has a ripple effect on the coastal districts or whether, on the contrary, it consolidates a definitive structural gap between prices in the tourist zone and the residential areas of the municipality.
