SMA Market Report
SanMigueldeAllendeRealEstateMarketReport:September2026
23 sales and the year's highest discount (5.4%): September was a good month to make offers in San Miguel de Allende.
September almost doubled August's sales, and it did so with the highest discount of the year.
The month at a glance
Homes and lots sold: 23 (22 homes and 1 lot)
New listings: 44 (42 homes and 2 lots)
Sale price vs. asking price: the typical sale closed at 94.6% of asking (5.4% discount)
Average price: $724k · Highest sale: $2.01M
Days on market: 190
Buyers: 87% American and 13% Mexican
By neighborhood
Neighborhood | Sales | Average price | Highest sale | Days on market |
|---|---|---|---|---|
12 | $741k | $2.01M | 228 | |
5 | $269k | $379k | 117 | |
3 | $1.29M | $1.75M | 280 | |
2 | $542k | $854k | 69 | |
1 | $1.01M | $1.01M | 76 | |
All 13 neighborhoods | 23 | $724k | $2.01M | 190 |
Prices in US dollars. Neighborhoods not listed had no sales this month.
My take
The sellers who were willing to negotiate were the ones who closed. For buyers, it's a good time to make offers; for sellers, a sign that the starting price matters more than ever.
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.