Colombia is Leading Country Searching for Miami Real Estate as Mumbai, India Climbs Listing of Leading Cities
About 143 nations looked MiamiRealtors.com, which has three consumer-facing home search sites, in November 2024 The top 10 consists of countries from 4 continents: North America , South America , Europe and Asia
Top 10 Countries Searching MiamiRealtors.com in November 2024 :
Nation Share of International Search
1 Colombi 11 2 %
2 Russia 8 1 %
3 India 6 8 %
4 Venezuela 6 5 %
5 Argentina 6 2 %
6 Spain 5 6 %
7 Philippines 5 4 %
8 Germany 4 7 %
9 Canada 4 5 %
10 China 4 2 %
All various other nations 36 8 %
Leading Global Markets for South Florida Real Estate
Colombia acquired one of the most South Florida property amongst international nations in 2023, according to the 2023 Profile of International Home Customers of MIAMI Organization of REALTORS ® ( MIAMI Participants. Colombian buyers bought 15 % of all global acquisitions in South Florida Argentina (14 %), Brazil (7 %), Venezuela (6 %) and Canada (6 %) completed the top 5, respectively. Access the report: https://bit.ly/ 2023 MIAMIGlobalStudy
Florida is the leading united state destination for foreign customers (23 % of all sales), according to NAR’s 2023 Account of International transactions in united state Residential Real Estate. Florida has been the No. 1 state for international home buyers for the last 15 years.
Over half of all worldwide home sales (47 %) in Florida remain in Miami – Fort Lauderdale – West Palm Coastline , according to the 2023 Florida Realtors’ yearly Profile of International Residential Realty Activity in Florida
One in five of all U.S. worldwide home sales occur in Florida and one in 2 in Florida are in the Miami city market. South Florida safeguards concerning 11 % of all worldwide home sales in the entire united state each year.
Miami remains a bargain for prime residential or commercial property ( $ 1 M and up) contrasted to various other worldwide cities, according to the 2023 Knight Frank Wealth Record. For $ 1 M , property buyers can purchase 64 square meters of prime residential or commercial property in Miami That is virtually four times more than Monaco (17 square meters), virtually 2 times greater than New york city (33 and London (34 and greater than Paris , Sydney , Tokyo and a lot more.
When checking out all rate ranges, South Florida is likewise a bargain in contrast to various other global cities and united state metros, according to the NAR 2023 International Research. Miami – Fort Lauderdale – West Palm Coastline’s cost per square meter is $ 3, 170 , much listed below at least 30 international cities and 13 + U.S. Metros including markets such as Hong Kong ($ 28, 570 , New York City ($ 17, 191 , San Francisco – Oakland – Hayward, CA ($ 8, 250 , Madrid, Spain ($ 6, 173 , Los Angeles-Long Beach – Glendale, CA ($ 4, 740 and Seattle – Tacoma – Bellevue, WA ($ 4, 460
Top 10 International Cities Searching MiamiRealtors.com in November 2024
1 Bogota, Colombia
2 Buenos Aires, Argentina
3 Madrid, Spain
4 Mumbai, India
5 Dublin, Ireland
6 Barquisimeto, Venezuela
7 Medellin, Colombia
8 Caracas, Venezuela
9 London, England
10 Santo Domingo , Dominican Republic
New york city No. 1 State Searching for Miami Real Estate
New York signed up one of the most residential Miami real estate internet searches in November 2024
New york city was the top state for out-of-state customers in the South Florida area, according to the 2023 Account of International Home Buyers of MIAMI Association of REALTORS ® ( MIAMI Participants. Accessibility the record: https://bit.ly/ 2023 MIAMIGlobalStudy
Leading 10 United State States Searching MiamiRealtors.com in November 2024
1 New york city
2 Virginia
3 Georgia
4 California
5 Texas
6 Ohio
7 Washington
8 North Carolina
9 Michigan
10 Iowa
Top 10 U.S. Cities Searching MiamiRealtors.com in November 2024
1 Atlanta, GA
2 New York, NY
3 Des Moines, Iowa
4 San Antonio, TX
5 Washington, DC
6 Los Angeles, CA
7 Dallas, TX
8 Chicago, IL
9 Columbus, Ohio
10 Boston, MA
Concerning the MIAMI Association of Realtors ®
The MIAMI Association of Realtors ( MIAMI was chartered by the National Organization of Realtors in 1920 and is celebrating 104 years of service to Realtors, the acquiring and offering public, and the neighborhoods in South Florida Included six organizations: MIAMI RESIDENTIAL, MIAMI COMMERCIAL; BROWARD – MIAMI , a division of MIAMI Real estate professionals; JTHS- MIAMI , a division of MIAMI Realtors in the Jupiter – Tequesta – Hobe Sound location; MIAMI YPN, our Young Professionals Network Council; and the prize-winning MIAMI Global Council. MIAMI Real estate agent stands for 60, 000 total real estate professionals in all aspects of realty sales, advertising, and broker agent. It is the largest neighborhood Real estate agent organization in the united state and has main partnerships with 279 international companies worldwide. MIAMI’s main web site is http://www.MiamiRealtors.com
Media Get in touch with
Chris Umpierre , MIAMI Association of REALTORS, 3054687047, [email protected] , www.MiamiRealtors.com
RESOURCE MIAMI Association of REALTORS
