MIAMI — Germany registered the most global web searches for South Florida real estate in January 2025, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia has now finished in the top two countries searching Miami real estate in each of the last 34 months (nearly three years).
“Miami perennially ranks No. 1 in the U.S. in international migration,” 2025 MIAMI Chairman of the Board Eddie Blanco said. “When we look at Germany, Miami and Germany are becoming more connected. Germany-based Condor Airlines has begun service between its Frankfurt home base and Miami International Airport. It means MIA now has two airlines serving Frankfurt as German flag carrier Lufthansa already flies the route.”
Germany, which didn’t rank in the top 10 in December 2024, is not a stranger to searching Miami real estate. Germany also ranked No. 1 in December 2023.
About 144 countries searched MiamiRealtors.com, which has three consumer-facing property search portals, in January 2025. The top 10 includes countries from four continents: North America, South America, Europe and Asia.
Top 10 Countries Searching MiamiRealtors.com in January 2025:
- Germany
- Colombia
- Russia
- Venezuela
- Canada
- India
- Argentina
- Philippines
- Spain
- Brazil
Top Global Markets for South Florida Real Estate
Argentina purchased the most South Florida real estate among foreign countries in 2024, according to the 2024 Profile of International Home Buyers of the MIAMI Association of Realtors (MIAMI). Argentinian buyers purchased 18% of all international purchases in South Florida. Colombia (14%), Canada (8%), Brazil (6%) and Mexico (6%) rounded out the top 5, respectively. Access the report: https://bit.ly/25MiamiGlobalStudy
Florida is the top U.S. destination for foreign buyers (20% of all sales), according to NAR’s 2024 Profile of International transactions in U.S. Residential Real Estate. Florida has been the No. 1 state for foreign home buyers for the last 16 years.
About half of all international home sales (49%) in Florida are in Miami-Fort Lauderdale-West Palm Beach, according to the 2024 Florida Realtors’ annual Profile of International Residential Real Estate Activity in Florida.
One in five of all U.S. international home sales happen in Florida and one in two in Florida are in the Miami metro market.
South Florida secures 10% of all international home sales in the entire U.S. annually.
Miami remains a bargain for prime property ($1M and up) compared to other global cities, according to the 2024 Knight Frank Wealth Report. For $1M, homebuyers can purchase 60 square meters of prime property in Miami. That is almost four times more than Monaco (16 square meters), nearly two times more than New York (34) and London (33) and more than Paris, Sydney, Tokyo and more.
Top 10 International Cities Searching MiamiRealtors.com in January 2025
- Bogota, Colombia
- Buenos Aires, Argentina
- Medellín, Colombia
- Toronto, Canada
- Barquisimeto, Venezuela
- Madrid, Spain
- London, England
- Santo Domingo, Dominican Republic
- Paris, France
- Frankfurt, Germany
Virginia No. 1 State Searching for Miami Real Estate
Virginia registered the most domestic Miami real estate web searches in January 2025.
New York was the top state for out-of-state buyers in the South Florida area, according to the 2024 Profile of International Home Buyers of the MIAMI Association of Realtors (MIAMI). Access the report: https://bit.ly/25MiamiGlobalStudy
Top 10 U.S. States Searching MiamiRealtors.com in January 2025
- Virginia
- California
- Washington
- Iowa
- Texas
- New York
- Georgia
- Ohio
- Wyoming
- Michigan
Top 10 U.S. Cities Searching MiamiRealtors.com in January 2025
- Des Moines, IW
- San Jose, CA
- San Antonio, TX
- New York, NY
- Atlanta, GA
- Los Angeles, CA
- Dallas, TX
- Chicago, IL
- Columbus, OH
- Houston, TX
About the MIAMI Association of Realtors®
The MIAMI Association of Realtors (MIAMI) was chartered by the National Association of Realtors in 1920 and is celebrating 105 years of service to Realtors, the buying and selling public, and the communities in South Florida. Comprised of six organizations: MIAMI RESIDENTIAL, MIAMI COMMERCIAL; BROWARD-MIAMI, a division of MIAMI Realtors; JTHS-MIAMI, a division of MIAMI Realtors in the Jupiter-Tequesta-Hobe Sound area; MIAMI YPN, our Young Professionals Network Council; and the award-winning MIAMI Global Council. MIAMI REALTORS represents 60,000 total real estate professionals in all aspects of real estate sales, marketing, and brokerage. It is the largest local Realtor association in the U.S. and has official partnerships with 279 international organizations worldwide. MIAMI’s official website is www.MiamiRealtors.com
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