Welcome to our July 2025 San Miguel Real Estate Market Update.

 Sales Overview Home resales in July saw a significant increase compared to previous months. However, it's important to note that July's reporting period covered five weeks, whereas the prior month included only four.

If this pace continues, 2025 is on track to become the strongest year for home resales since we began tracking

 Inventory Accuracy The reported number of homes sold is accurate. However, current inventory figures continue to underrepresent the actual number of available properties.

 This discrepancy is due to ongoing challenges related to our association’s transition to a new MLS system.

MLS System Transition AMPI San Miguel recently migrated to a new MLS system. Unfortunately, the data transfer from the previous provider has presented several challenges, including:

• Duplicate property listings
• Incorrect pricing information
• Reactivation of off-market properties
• Other inconsistencies affecting overall data integrity

Both the new MLS team and our internal staff are working diligently to resolve these issues. We are currently conducting a manual review of hundreds of property records to ensure listing accuracy.

 While we’re seeing steady improvements each week, it may take another couple of months before the system is fully stabilized.

Market Outlook San Miguel remains a highly sought-after destination, with strong interest from prospective buyers. At this time, we do not anticipate any significant changes in the market.

 That said, we continue to closely monitor global geopolitical developments and will provide timely updates should any events influence our outlook.

 Thank you for your continued trust. We look forward to keeping you informed as the market evolves.