Market Updates
The real numbers behind San Miguel de Allende real estate, explained in plain language.
Every report is built from closed-sale data in the AMPI San Miguel de Allende MLS. Pick the period you care about.
All figures are compiled from the AMPI San Miguel de Allende MLS, the official multiple listing service of the Mexican Association of Real Estate Professionals. Mike Fanelli is an active AMPI member, affiliated with The Agency San Miguel de Allende.
How’s the Market? Market report covering January 1 - June 24, 2026.
Source: AMPI San Miguel de Allende MLS, closed sales recorded January 1 through June 24, 2026, restated August 1, 2026. 181 cleaned house & condominium closings & 339 price changes recorded over the period.
Methodology & disclaimer. Figures cover houses & condominiums; land & commercial sales are excluded from price statistics. Counts exclude rental listings & records bulk-archived from the legacy MLS, whose recorded dates reflect administrative archiving rather than actual closings, along with a small number of records carrying obviously corrupt prices. Peso-denominated sales are converted to U.S. dollars at the prevailing exchange rate, 17.4 MXN per dollar in this edition; at 18.5 to 20 pesos per dollar the median would still land between $445K & $469K. Medians & averages are computed on transactions with reported prices; nationality, age & days-on-market statistics use the subset of records where those fields were reported. Price changes, the sale-to-ask ratio & net buyer flow come from the weekly AMPI transaction reports, since the sold archive carries no asking-price or price-history fields. June 2026 is a partial month, through the 24th. Figures represent MLS-recorded transactions only & may not capture all private sales. This report is provided for general informational purposes; it is not an appraisal or financial advice, so consult a licensed professional for decisions on a specific property.
Get the next market report in your inbox
Fresh San Miguel data, new listings & what I am seeing on the ground each week.
Delivered via Substack. Unsubscribe anytime.