Market Updates

Welcome to our monthly real estate update! We're excited to share the latest news and trends in the San Miguel de Allende housing market with you. Whether you're a first...

Update 1st quarter of 2024. Currently we are on the pace to sell 388 properties in 2024. However, the inventory stand at 1346. This means that there are 3.47 ties the inv...

The stability of every real estate market is the economic strength and jobs that support it. Most of you have probably heard the term “nearshoring.” The term became popular after t...

San Miguel de Allende´s Real Estate Market Continues Strong   San Miguel´s real estate market continues strong through the first half of 2023. Sales are just slightly belo...

San Miguel de Allende becomes the place to escape (part 2) I first wrote in September of 2022 that ¨San Miguel de Allende becomes the place to escape¨ and today this trend has o...

While much of global real estate markets in the western world have become stagnant with little volume because of increasing mortgage interest rates, San Miguel de Allende continues...

San Miguel de Allende becomes the place to escape Real Estate Market Update August 2022 For many years the San Miguel de Allende real estate market has attracted what I would call...

Real Estate Market Update April 2022 San Miguel de Allende San Miguel real estate continues to see higher than normal sales volume and there is clear evidence that prices are mo...

San Miguel de Allende Market Update February 2022 by Lilia Aguilar. I have been working with Philip gathering San Miguel´s real estate sales data for a few months and also work...

San Miguel de Allende Market Update January 2022   San Miguel real estate continues to see a bit of a boom… at least in the volume of sales.  However, prices have not...

Is it Still A Good Time to Buy Real Estate in San Miguel de Allende?   In this issue I will compare Real Estate Sales statistics for 2021 with those of the last peak of the...

Is Now the Time to Buy in San Miguel de Allende?   Those of you who have been following my market updates for a while know that I don't tend to write fluffy or overly posit...

San Miguel de Allende Real Estate Market Update February 2021   Last month I mentioned that both the US and Canada had put new restrictions on people entering or re-enterin...

Most of you will be happy to know that the data shows that real estate prices in San Miguel seems to have moved into a reality zone in the past few months.  Below I show th...

There was certainly more activity with potential buyers in October and the first week of November than there was in September. It seems that each month there are more people are...

If you have been reading my Market Updates recently you are probably aware that: San Miguel de Allende is sitting on almost four years of inventory depending on the price range. (...

This morning I was looking in our database and had the urge to see how many properties were listed for sale at a million or more dollars.  When I excluded listings of land on...

I want to talk about what no one else is talking about, which is San Miguel de Allende’s current four years of housing inventory backlog.  To preface the conversation, I...

As of July 15, 2020 San Miguel de Allende is open again with hotels and restaurants allowed to operate at a limited capacity.  Most stores, galleries and shops are also o...

Despite the real estate market booming in many suburbs in the US, that has not yet spilled over to San Miguel de Allende. I suspect the biggest reason is a combination of the diffi...

Comparable home prices in San Miguel have always been all over the board and a large number of overpriced homes is not unusual (explained below).  However, currently the numbe...

I thought it would be worthy to comment on the current disconnect between the real estate markets in the US and San Miguel de Allende and the opportunities I believe it represents...

What with the tendency in the mass media to exaggerate the negative and ignore the positive, a lot of people have got a distorted view of Mexico. The truth is that while there ar...