Madrid weather is "variable" in February. Just the other day Steve and I were on a terraza under the sun without coats. February, typically, yields more snow than other months but this year has been totally mixed up, having more snow throughout the winter than in the last 20 years - probably combined. You could "bet" on leaving your snow boots at home but maybe bring all-weather shoes if you have them.

Saludos, MadridMan