Poland once again leads the market in Miami real estate research; Georgia State Top Search

About 144 countries searched for MiamiRealtors.com in March 2024. Colombia, South Florida world’s leading buyer, finished second. Colombia has now finished among the top two countries seeking Miami real estate during each of the last 25 months.

Top 10 Countries Searching MiamiRealtors.com March 2024:

Top Global Markets for South Florida Real Estate
Colombia bought the most South Florida real estate among foreign countries in 2023, according to the 2023 Profile of International Home Buyers MIAMI Association of Realtors® (MIAMI) Members. Colombian buyers purchased 15% of all international purchases in South Florida. Argentina (14%), Brazil (7%), Venezuela (6%) and Canada (6%) respectively complete the top 5. Access the report: https://bit.ly/2023MIAMIGlobalStudy

Florida is the top U.S. destination for foreign buyers (23% of all sales), according to NAR’s 2023 Profile of International Transactions in U.S. Residential Real Estate. Florida is the #1 state for out-of-state homebuyers for the past 15 years.

More than half of all international real estate sales (47%) in Florida are in Miami–Fort Lauderdale–West Palm Beachaccording to Florida Realtors’ 2023 annual profile of international residential real estate activity in Florida.

One in five international real estate sales takes place in the United States Florida and one in two in Florida are in the Miami metro market. South Florida secures approximately 11% of all global home sales across the entire United States each year.

Miami remains a good deal for a prime property (1 million dollars and more) compared to other global cities, according to the Knight Frank Wealth 2023 report. 1 million dollarsbuyers can purchase 64 square meters of prime property at Miami. This is almost four times more than Monaco (17 square meters), almost twice as much as new York (33) and London (34) and more Paris, Sydney, Tokyo and more.

When we look at all price ranges, South Florida It’s also a bargain compared to other global cities and U.S. metropolises, according to the NAR 2023 International Study. Miami–Fort Lauderdale–West Palm Beach the price per square meter is $3,170well below at least 30 global cities and more than 13 U.S. metros, including markets such as Hong Kong ($28,570), New York City ($17,191), San Francisco–Oakland–Hayward, California ($8,250), Madrid, Spain ($6,173), Los Angeles-Long Beach–Glendale, California ($4,740) And Seattle–Tacoma–Bellevue, Washington ($4,460).

Top 10 International Cities Searching for MiamiRealtors.com in March 2024

1. WarsawPoland
2. Bogota, Colombia
3. Buenos AiresArgentina
4. MoscowRussia
5. FrankfurtGermany
6. York, England
7. LondonEngland
8. MadridSpain
9. AthensGreece
10. Toronto, Canada

#1 State of Georgia Looking for Miami Real Estate
Georgia once again recorded the greatest number of Miami real estate web searches in March 2024.

new York was the top state for out-of-state buyers in the South Florida region, according to the 2023 profile of international home buyers in MIAMI Association of Realtors® (MIAMI) Members. Access the report: https://bit.ly/2023MIAMIGlobalStudy

Top 10 US States Searching for MiamiRealtors.com in March 2024

1. Georgia
2. Virginia
3. new York
4. Ohio
5. Michigan
6. Texas
7. North Carolina
8. Indiana
9. California
10. Pennsylvania
11. Washington

Top 10 US Cities Searching for MiamiRealtors.com in March 2024

1. monksIowa
2. San AntonioTexas
3. new York
4. Cheyenne
5. San JoseCALIFORNIA
6. Los Angeles
7. Dallas
8. Chicago
9. ColumbusOhio
10. Lexington, KY

About MIAMI Association of Realtors®
THE MIAMI Association of Real Estate Agents (MIAMI) was chartered by the National Association of Realtors in 1920 and is celebrating 104 years of service to real estate agents, the buying and selling public and the communities of South Florida. Made up of six organizations: MIAMI RESIDENTIAL, MIAMI COMMERCIAL; BROWN–MIAMIa division of MIAMI Real estate agents ; JTHS-MIAMIa division of MIAMI Real estate agents in the Jupiter–Tequesta–Son Hobe area; MIAMI YPN, our Young Professionals Network Council; and the winner MIAMI Global Council. MIAMI REALTORS represents nearly 60,000 real estate professionals in all aspects of real estate sales, marketing and brokerage. It is the largest local association of real estate agents in the United States and maintains official partnerships with 260 international organizations worldwide. MIAMI the official website is http://www.MiamiRealtors.com

Media contact

Chris Umpierre, MIAMI Association of Real Estate Agents, 3054687047, (email protected), www.MiamiRealtors.com

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SOURCE MIAMI Association of Real Estate Agents