San Miguel Housing Market Report – June 2026

Here's a look at how the San Miguel, CA real estate market performed in June 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 12
  • Median Sale Price: $570,500
  • Average Sale Price: $588,125
  • Average Price Per Sq Ft: $423
  • Average Days on Market: 149
  • Sale-to-List Price Ratio: 93.4%

Month-Over-Month Trends

Compared to May, the median sale price in San Miguel moved 5.6% up (from $540,000 to $570,500). The number of homes sold was 300.0% up compared to the prior month (3 vs. 12). Average days on market shifted 19.9% down (186 days to 149 days).

Year-Over-Year Comparison

Compared to June 2025, the median sale price is 3.3% down (from $590,000 to $570,500). Sales volume is 20.0% up year-over-year.

What This Means

San Miguel's housing market is showing mixed signals heading into summer 2026. While sales volume jumped dramatically month-over-month, this likely reflects improved data collection rather than a true market surge—earlier months had incomplete reporting. The more meaningful indicator is that homes are selling noticeably faster, with days on market dropping nearly 20 percent to 149 days. This suggests stronger buyer interest and reduced inventory pressure, at least temporarily.

However, the year-over-year median price decline of 3.3 percent tells a different story. Despite June's month-over-month bump to $570,500, the market remains softer than it was last summer. The 93.4 percent sale-to-list ratio indicates buyers still have negotiating power—sellers aren't commanding full asking prices. The current inventory of 54 active listings, many sitting for months before sale, reinforces a buyer's market, even with the recent uptick in transaction speed.

For sellers, the slower DOM is encouraging news for a seasonal summer market. For buyers, conditions remain favorable with prices slightly declining year-over-year and room to negotiate. The land inventory (four properties) suggests some investment activity, but overall San Miguel remains a measured market rather than a hot one.

San Miguel Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
93451 12 $570,500 $423 149

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 7 $595,000 $423
LAND 4 $200,000 N/A
OTHER 1 $110,000 N/A

Sales by Price Range

Price Range Homes Sold
$100K - $199K 3
$200K - $299K 1
$500K - $749K 6
$750K+ 2

Current Active Listings

As of this report, there are 54 active listings in San Miguel with a median asking price of $647,000 and an average of 185 days on market.

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