SMA Market Report
SanMigueldeAllendeRealEstateMarketReport:May2026
19 sales, a $5.12M closing in Centro and buyers from four regions: May in 13 San Miguel neighborhoods.
Sales picked back up in May, but with more negotiation: the discount climbed back toward 5%.
The month at a glance
Homes and lots sold: 19
New listings: 42 (34 homes and 8 lots)
Sale price vs. asking price: the typical sale closed at 95.2% of asking (4.8% discount)
Average price: $950k · Highest sale: $5.12M
Days on market: 214
Buyers: 68% American, 21% Mexican, 5% European and 5% Asian
By neighborhood
Neighborhood | Sales | Average price | Highest sale | Days on market |
|---|---|---|---|---|
7 | $492k | $645k | 204 | |
4 | $2.10M | $5.12M | 266 | |
2 | $758k | $1.25M | 383 | |
2 | $772k | $1.05M | 22 | |
2 | $768k | $1.17M | 308 | |
1 | $705k | $705k | 81 | |
1 | $465k | $465k | 66 | |
All 13 neighborhoods | 19 | $950k | $5.12M | 214 |
Prices in US dollars. Neighborhoods not listed had no sales this month.
My take
Besides Americans and Mexicans, buyers from Europe and Asia closed in May. San Miguel is still a mostly American market, but the interest doesn't come from just one place.
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.