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    San Miguel de Allende Market Report: 2026 Year to Date

    Ten months of recorded sales, January 1 through October 31, 2026.

    2026 Year to Date

    104

    Homes & Condos Sold

    sales recorded Jan 1 - Oct 31

    $59.2M

    Total Sales Volume

    $201,200,833 in final sale prices

    $123.4K

    Median Sale Price

    $448,792, half sold above, half below

    $157.8K

    Average Sale Price

    69% of sales closed below it

    43

    Median Days to Sell

    about 5.9 months

    22.0%

    Sale Price vs Asking

    median, 16% at or above asking

    Restated November 4, 2026 on final sale prices.

    The big picture

    What do ten months of recorded sales show?

    Every sale is counted in the month the MLS recorded it, so the monthly reports add up exactly to this total. All prices are final sale prices. The $611,553 average sits above 69% of sales because a few large sales lift it, so the $448,792 median is the better guide to a typical sale.

    Sales recorded by month, January to October 2026

    Tap July through October to open that month’s report. 25 + 37 + 31 + 26 + 34 + 41 + 33 + 27 + 42 + 34 = 330.

    JanFebMarAprMayJunJulAugSepOct015304560

    Month by month

    MonthSalesMedianAverageVolumeMedian days
    Jan25$460,000$591,446$14.8M178
    Feb37$415,000$505,547$18.7M233
    Mar31$469,000$509,790$15.8M168
    Apr26$617,529$867,782$22.6M176
    May34$450,000$780,963$25.8M159
    Jun41$405,000$573,888$23.5M151
    Jul33$405,000$649,938$21.4M173
    Aug27$595,000$591,335$16.0M170
    Sep42$373,889$551,169$23.1M201
    Oct34$427,500$572,921$19.5M196

    Monthly medians in a market this size move on one or two sales, so they are not charted as a trend.

    Where did sales land by price?

    330 home & condo sales at final price: under $250K 19%, $250K-$500K 37%, $500K-$750K 22%, $750K-$1M 9%, $1M-$2M 9%, $2M+ 3%.

    Under $250K$250K - $500K$500K - $750K$750K - $1M$1M - $2M$2M+03570105140

    The detail figures

    Average time to sell
    204 days (6.7 months)
    Median time to sell
    180 days (5.9 months)
    Median sale price vs asking
    95.9% of asking
    Closed at or above asking
    16%
    Sold under $500,000
    57%
    Sold under $1,000,000
    87%
    Sold in under 90 days
    23%
    On the market more than a year
    13%
    Highest sale
    $6,009,615
    Dollar-listed homes
    median $540,000 (231 sales)
    Peso-listed homes
    median $261,339 (99 sales)

    Who is buying?

    American
    66%
    Mexican
    28%
    Canadian
    3%

    Of identified buyers.

    Want to know how your neighborhood or price range is doing?

    Citywide averages will not help you decide anything. Tell me the area or the budget you care about & I will show you the comparable homes that actually apply to your situation.

    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 - October 31, 2026.
    Restated November 4, 2026 on final sale prices.

    Methodology & disclaimer. Source: AMPI San Miguel de Allende MLS, closed sales recorded January 1 through October 31, 2026. Prices are final sale prices, not list prices. Figures cover houses and condominiums; land and commercial sales are excluded from price statistics. Counts exclude rental listings and records bulk-archived from the legacy MLS, whose recorded dates reflect administrative archiving rather than actual closings. Peso-settled sales converted to U.S. dollars at each month’s prevailing exchange rate. Based on 330 recorded sales.

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