Fuencarral-El Pardo

The largest district, mostly forest

According to the City Council, Fuencarral-El Pardo is the largest district, at 23,783.84 hectares, and 90% of its land is woodland such as El Pardo, El Goloso, Soto de Viñuelas and Valverde. The urban areas are grouped in the old Fuencarral core, the residential developments between Tetuán and the old carretera de la Playa, the El Pardo core and the institutional and industrial areas along the Colmenar Viejo road.

Two municipalities annexed in 1951

The municipality of El Pardo was annexed to Madrid on 27 March 1951 and Fuencarral on 20 October 1951. From 1950 the first urban settlements appeared: Mirasierra, upper-class single-family housing, Barrio del Pilar and Peñagrande were private developments, while La Ventilla and the UVA de Fuencarral were public projects aimed at eradicating shanty towns.

Eight neighbourhoods, three festivals

From 1970 the district moved up socially with developments such as Ciudad de los Periodistas and La Vaguada. Its neighbourhoods are El Pardo, Fuentelarreina, Peñagrande, Pilar, La Paz, Valverde, Mirasierra and El Goloso, with festivals on 25 April (Nuestra Señora de Valverde), the first week of September and 12 October.

What it means for buyers and sellers

• In July 2026 it is the 10th most expensive of Madrid's 21 districts by median closing price.
• It is a very large and varied district, with urban neighbourhoods and woodland: compare homes in the same neighbourhood and of the same type.

Source for the historical context: Madrid City Council (Fuencarral-El Pardo district page).

Data and statistics

Fuencarral-El Pardo is a district of Madrid. It is made up of 8 neighbourhoods: Pilar, Peñagrande, La Paz, Fuentelarreina, Valverde, Mirasierra, El Goloso and El Pardo. According to the City of Madrid, it covers 23,783.83 hectares and had 256,037 inhabitants on 1 January 2026.

In July 2026, the median price of completed sales in the Fuencarral-El Pardo district was €5,423/m². Since January (€5,195/m²), the figure fell in 4 of the 6 months that can be compared with the previous one, without a steady decline.

Among the 2026 figures published, the highest is May (€5,526/m²) and the lowest, January (€5,195/m²).

The report publishes a year-on-year change of +15.0% and a year-to-date change of +4.4%, with €4,714/m² in July 2025 as the prior-year starting point. They compare medians of different transactions in each period, not the change in value of the same home.

For reference, the July figure is above the one published for the municipality of Madrid (€4,757/m²) and for the province as a whole (€3,618/m²). These are medians for each area, not averages of the areas they contain.

This guide describes the figure for the area, not an individual home: valuing a property requires comparing similar homes. The report does not say how many transactions underlie each territorial median.

Territorial context: City of Madrid (Barrios de Madrid (Portal de datos abiertos del Ayuntamiento de Madrid); Panel de indicadores de distritos y barrios: Superficie (ha.) (Portal de datos abiertos del Ayuntamiento de Madrid); Población por distrito y barrio a 1 de enero (Portal de datos abiertos del Ayuntamiento de Madrid)), accessed 2 November 2026. Official information, separate from the Huspy statistics.

Source of the statistics: Huspy Market Insights · Madrid, October 2026 edition. Completed sales, median in €/m²; not asking or rental prices. The edition date is not the data date.