SMA Market Report
SanMigueldeAllendeRealEstateMarketReport:March2026
25 sales and just a 2% discount: March was the best month of the year for sellers in San Miguel de Allende.
March was the best month of the year for sellers: 25 sales and the lowest discount of 2026.
The month at a glance
Homes and lots sold: 25 (23 homes and 2 lots)
New listings: 58 (49 homes and 9 lots)
Sale price vs. asking price: the typical sale closed at 98.0% of asking (2.0% discount)
Average price: $620k · Highest sale: $1.90M
Days on market: 178
Buyers: 80% American, 12% Mexican, 4% Canadian and 4% European
By neighborhood
Neighborhood | Sales | Average price | Highest sale | Days on market |
|---|---|---|---|---|
10 | $731k | $1.90M | 209 | |
8 | $516k | $740k | 157 | |
3 | $520k | $670k | 73 | |
2 | $558k | $595k | 174 | |
1 | $962k | $962k | 344 | |
1 | $432k | $432k | 196 | |
All 13 neighborhoods | 25 | $620k | $1.90M | 178 |
Prices in US dollars. Neighborhoods not listed had no sales this month.
My take
Ten of the 25 sales closed at or above asking price. When a property is well presented and well priced from day one, buyers barely negotiate.
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.