SMA Market Report
SanMigueldeAllendeRealEstateMarketReport:February2026
58 new listings, 16 sales and 9 closings in Centro Histórico: February's recap for 13 San Miguel neighborhoods.
February was the month inventory woke up: 58 new properties came on the market, almost 50% more than in January.
The month at a glance
Homes and lots sold: 16
New listings: 58 (52 homes and 6 lots)
Sale price vs. asking price: the typical sale closed at 95.8% of asking (4.2% discount)
Average price: $529k · Highest sale: $1.20M
Days on market: 208
Buyers: 81% American, 13% Mexican and 6% European
By neighborhood
Neighborhood | Sales | Average price | Highest sale | Days on market |
|---|---|---|---|---|
9 | $496k | $750k | 197 | |
2 | $795k | $1.20M | 226 | |
1 | $360k | $360k | 0 | |
1 | $575k | $575k | 302 | |
1 | $300k | $300k | 255 | |
1 | $640k | $640k | 305 | |
1 | $545k | $545k | 233 | |
All 13 neighborhoods | 16 | $529k | $1.20M | 208 |
Prices in US dollars. Neighborhoods not listed had no sales this month.
My take
More options for buyers and a smaller discount than in January: sellers who listed in the middle of high season gave up less at the negotiating table.
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.