San Miguel Housing Market Report – July 2026
Here's a look at how the San Miguel, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 6
- Median Sale Price: $564,500
- Average Sale Price: $459,833
- Average Price Per Sq Ft: $391
- Average Days on Market: 55
- Sale-to-List Price Ratio: 94.8%
Month-Over-Month Trends
Compared to June, the median sale price in San Miguel moved 1.1% down (from $570,500 to $564,500). The number of homes sold was 50.0% down compared to the prior month (12 vs. 6). Average days on market shifted 63.1% down (149 days to 55 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 7.1% down (from $607,500 to $564,500). Sales volume is 50.0% up year-over-year.
What This Means
San Miguel's housing market is cooling noticeably as we head into late summer. Sales volume has dropped sharply month-over-month, with just six homes changing hands in July compared to twelve in June. More telling than the volume dip, however, is the uptick in days on market—homes are now sitting for an average of 55 days, a dramatic improvement from June's 149 days. This suggests the market is finally finding better balance after what appears to have been an oversupplied period, though it also indicates buyers are taking their time and have more negotiating power.
On the price front, the trend is solidly downward. The median sale price of $564,500 represents a 1.1% monthly decline and a more significant 7.1% drop year-over-year. The fact that homes are selling at 94.8% of list price reinforces a slight buyer's advantage. With 60 active listings sitting at a median asking price of $660,000—many languishing for months—sellers are increasingly in a position where patience is testing resolve.
For buyers, this represents a genuinely more favorable window. For sellers, the message is clearer: overpricing isn't working. San Miguel is following the broader regional cooling trend, with interest rates and inventory rebalancing creating a more measured market than the frenzy of recent years.
San Miguel Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93451 | 6 | $564,500 | $391 | 55 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 4 | $585,000 | $391 |
| LAND | 1 | $215,000 | N/A |
| OTHER | 1 | $215,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 2 |
| $500K - $749K | 4 |
Current Active Listings
As of this report, there are 60 active listings in San Miguel with a median asking price of $660,000 and an average of 187 days on market.
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