SMA Market Report
SanMigueldeAllendeRealEstateMarketReport:April2026
15 sales, a $4.3M sale in Centro and 27% Mexican buyers: April's market recap for San Miguel de Allende.
April slowed down after a strong March, and Mexican buyers gained ground.
The month at a glance
Homes and lots sold: 15 (14 homes and 1 lot)
New listings: 39 (30 homes and 9 lots)
Sale price vs. asking price: the typical sale closed at 96.5% of asking (3.5% discount)
Average price: $1.06M · Highest sale: $4.30M
Days on market: 206
Buyers: 67% American, 27% Mexican and 7% Canadian
By neighborhood
Neighborhood | Sales | Average price | Highest sale | Days on market |
|---|---|---|---|---|
3 | $1.06M | $1.60M | 293 | |
2 | $621k | $683k | 139 | |
2 | $1.55M | $2.10M | 134 | |
2 | $895k | $1.20M | 141 | |
2 | $532k | $679k | 204 | |
2 | $415k | $473k | 223 | |
1 | $4.30M | $4.30M | 360 | |
1 | $345k | $345k | 178 | |
All 13 neighborhoods | 15 | $1.06M | $4.30M | 206 |
Prices in US dollars. Neighborhoods not listed had no sales this month.
My take
More than one in four sales went to a Mexican buyer, well above the year's average (17%). April also tied with March for the most new lots on the market: nine.
About this data
These numbers cover 13 San Miguel de Allende neighborhoods: Centro Histórico, San Antonio, Guadiana, Ojo de Agua, Guadalupe, Atascadero, Balcones, Obraje, Ventanas de San Miguel, Club de Golf Malanquín, Independencia, Los Frailes, Viñedos. They include only homes and lots for sale. The discount is the typical (median) gap between asking price and sale price for the month. Source: AMPI San Miguel de Allende MLS.
If you're thinking about buying or selling in San Miguel de Allende, email me at [email protected] and we'll go over the numbers for your neighborhood.