SMA Market Report
SanMigueldeAllendeRealEstateMarketReport:July2026
21 sales, a $5.77M sale in Centro and 29% Mexican buyers, the year's highest: July in San Miguel de Allende.
July was the month of the Mexican buyer: almost three in ten sales, the highest share of the year.
The month at a glance
Homes and lots sold: 21 (19 homes and 2 lots)
New listings: 44 (38 homes and 6 lots)
Sale price vs. asking price: the typical sale closed at 96.4% of asking (3.6% discount)
Average price: $798k · Highest sale: $5.77M
Days on market: 227
Buyers: 62% American, 29% Mexican and 10% Canadian
By neighborhood
Neighborhood | Sales | Average price | Highest sale | Days on market |
|---|---|---|---|---|
8 | $1.24M | $5.77M | 269 | |
6 | $409k | $665k | 179 | |
3 | $683k | $950k | 122 | |
1 | $365k | $365k | 294 | |
1 | $1.27M | $1.27M | 430 | |
1 | $434k | $434k | 350 | |
1 | $265k | $265k | 94 | |
All 13 neighborhoods | 21 | $798k | $5.77M | 227 |
Prices in US dollars. Neighborhoods not listed had no sales this month.
My take
The typical sale closed 3.6% below asking, but negotiation was tougher on higher-priced homes: weighted by value, the month's discount rises to 6.8%.
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.