Miami #1 For Foreign Home Buyers
Miami Remains the Global Capital of U.S. Real Estate
As someone who works closely with buyers and sellers across South Florida, I’ve seen firsthand how international demand continues to shape our market. The newly released 2025 Profile of International Home Buyers from MIAMI REALTORS confirms what local professionals already know: Miami is once again the #1 U.S. market for foreign home buyers.
This leadership position isn’t new—but the scale of growth in 2025 is significant and signals long-term confidence heading into 2026.
Florida Dominates International Home Buying — Miami Leads the State
According to the report:
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1 in 5 international home purchases in the U.S. happen in Florida
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Nearly 50% of Florida’s international sales occur in the Miami metro area
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South Florida alone captures 10% of all international home sales nationwide
Foreign buyers represented 15% of South Florida’s total residential dollar volume in 2025—seven times the national average. This level of global demand continues to support pricing stability, liquidity, and long-term appreciation across Miami-Dade, Broward, and Palm Beach counties.
International Buyer Activity Reached Record Levels
View In 2025:
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Foreign buyers purchased $4.4 billion in South Florida real estate (up from $3.1B in 2024).
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Over 5,300 properties were sold to international buyers.
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Miami recorded the highest global buyer dollar volume of any U.S. market.
Several factors fueled this surge:
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A weaker U.S. dollar, increasing purchasing power for overseas buyers.
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Political and economic uncertainty abroad, particularly in Latin America.
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Miami’s reputation as a secure, profitable, and lifestyle-driven market.
Notably, 93% of global buyers cited security, profitability, and location as their primary motivations.
New Construction Condos Drive Global Demand
One of the strongest trends I’ve observed—and now confirmed by data—is the international preference for new construction condominiums.
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49% of new construction, pre-construction, and condo conversion sales in South Florida were purchased by foreign buyers
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Global buyers came from 73 countries, making Miami the most internationally diversified housing market in the U.S.
This explains the sustained demand for luxury towers, waterfront developments, and amenity-rich communities throughout Miami and North Miami.
Who’s Buying in Miami? Top Countries and Buyer Profiles
South Florida foreign buyers came from 55 countries, offering a rare level of market diversification.
Top international buyer countries in 2025:
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Colombia (15%)
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Argentina (12%)
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Brazil (7%)
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Mexico (7%)
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Venezuela & Canada (5% each)
Miami-Dade County accounted for 73% of all South Florida foreign buyer activity, reinforcing its role as the epicenter of global real estate investment.
Foreign Buyers Pay More — and Often in Cash
International buyers continue to transact at higher price points:
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Median international purchase price: $558,700
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U.S. international median: $494,400
Over 51% of foreign buyers paid all-cash, giving sellers greater certainty and faster closings—especially valuable in competitive segments of the market.
Condos remain the preferred product:
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51% purchased condominiums
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63% chose central or urban locations
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71% plan to use properties as vacation homes or rental investments
Why This Matters for Buyers and Sellers in 2026
From my perspective, these numbers confirm three key realities for the Miami market in 2026:
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Global demand is a stabilizing force, even as interest rates fluctuate
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New construction remains a top-performing asset class, especially for international buyers
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Sellers benefit from a deep, diversified buyer pool, not limited to local demand
Miami’s ability to attract both international and domestic buyers—from New York, California, and New Jersey—creates a uniquely resilient real estate ecosystem.
Call Laura Graves Real Estate Email: [email protected]
