Colombia Leads All Countries in Searching for Miami Real Estate

MIAMI, Aug. 26, 2025 /PRNewswire/ -- Colombia again registered the most global web searches for South Florida real estate in June 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 39 months (three-plus years).

"When Latin American governments go left, money goes north," MIAMI Chairman of the Board Eddie Blanco said. "Global buyers are seeking a safe, proven place to invest their money and Miami is the capital of Latin America. Global buyers love Miami because we are a young, growing city that welcomes all cultures."

About 140 countries searched MiamiRealtors.com, which has three consumer-facing property search portals, in June 2025. The top 10 includes countries from four continents: North America, South America, Europe and Asia.

Top 10 Countries Searching MiamiRealtors.com in June 2025:                                       

Share of International Searches

1. Colombia                 13.3%
2. Spain                        8.3%
3. Canada                     5.7%
4. China                        5.5%
5. Philippines               5.3%
6. India                          4.9%
7. Russia                       4.9%
8. Venezuela                4.5%
9. Argentina                 4.5%
10. Mexico                      4.3%

Global Buyers Purchase Half of New Construction Sales in South Florida Via New Report

International buyers purchased 49% of new South Florida construction, pre-construction and condo conversion sales over an 18-month period ending in June 2025, according to MIAMI REALTORS® first-ever New Construction Global Sales Report. Data was aggregated from 9,115 units in 37 new construction condominium projects in the Miami market area. MIAMI collaborated with Cervera Real Estate, ISG World, PMG, SERHANT. New Development and ONE Sotheby's International Realty for the report.

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 (21% of all sales), according to NAR's 2025 Profile of International transactions in U.S. Residential Real Estate. Florida has been the No. 1 state for foreign home buyers for every year of the study (16 years). International buyers purchased 78,100 properties, up 44% from the prior year.

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 2025 Knight Frank Wealth Report. For $1M, homebuyers can purchase 58 square meters of prime property in Miami. That is almost four times more than Monaco (19 square meters), nearly two times more than New York (34) and London (34) and more than Paris, Sydney, Tokyo and more.

Top 10 International Cities Searching MiamiRealtors.com in June 2025

1. Bogota, Colombia
2. Dublin, Ireland
3. Madrid, Spain
4. Buenos Aires, Argentina
5. Medellin, Colombia
6. Toronto, Canada
7. Moscow, Russia
8. Cairo, Egypt
9. Sao Paulo, Brazil
10. London, England

Virginia No. 1 State Searching for Miami Real Estate
Virginia registered the most domestic Miami real estate web searches in June 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 June 2025

1. Virginia
2. California
3. Washington
4. Georgia
5. New York
6. Iowa
7. Nevada
8. North Carolina
9. Texas
10. Ohio

Top 10 U.S. Cities Searching MiamiRealtors.com in June 2025

1. San Jose, CA
2. Des Moines, Iowa
3. New York
4. Atlanta, GA
5. Las Vegas, NV
6. Chicago
7. Dallas, TX
8. Fort Worth, TX
9. Los Angeles, CA
10. Columbus, Ohio

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 REALTOR® members, the buying and selling public, and the communities in South Florida. Composed of six boards: 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 Corporate Board of Directors. MIAMI REALTORS® represent 58,000 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 288 international organizations worldwide. MIAMI's official website is www.MiamiRealtors.com

SOURCE MIAMI Association of REALTORS®