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Colombia: Top Foreign Country Searching for Miami Homes in 2018

by | May 03, 2019
Colombian consumers registered the most international web searches for Miami homes in 2018, according to the MIAMI Association of Realtors (MIAMI). Colombia registered 11.8 percent of all international searches on MIAMI’s portal, http://www.MiamiRealtors.com, in 2018.

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MIAMI
— Colombian consumers registered the most international web searches for Miami homes in 2018, according to the MIAMI Association of Realtors (MIAMI). Colombia registered 11.8 percent of all international searches on MIAMI’s portal, http://www.MiamiRealtors.com, in 2018.


Colombia: Top Foreign Country Searching for Miami Homes in 2018

India, the second-most populous country in the world with 1.21 billion residents, finished with the second-most web searches for Miami homes in 2018. Venezuela, Canada, Pakistan, Argentina, Brazil, Spain, France and the Philippines rounded out the top-10. 

“Miami real estate doesn’t just attract demand from South America; it appeals to people from all over the world,” MIAMI Chairman of the Board José María Serrano said. “Four continents comprise the top-10 foreign countries who searched for Miami homes last year, a sign of the incredible global appeal of South Florida’s lifestyle and welcoming atmosphere.”

Colombia not only registered as the No. 1 searching foreign country of Miami homes; it also had the No. 1 international city visiting MiamiRealtors.com in 2018. Bogotá, Colombia led all international cities searching on MiamiRealtors.com last year. MIAMI again promoted its members, South Florida’s lifestyle and real estate market at Colombia’s largest property showcase, El XII Gran Salón Inmobiliario – Feria Internacional, on Aug. 9-12, 2018 in Bogotá, Colombia. MIAMI made a South Florida market presentation at the 13th annual expo, which attracted 30,000 visitors and 200 exhibitors.

Top-10 countries Visiting MiamiRealtors.com in 2018
Country / Share of International Searches

  1. Colombia / 11.8%
  2. India / 8.9%
  3. Venezuela / 7.9%
  4. Canada / 5.9%
  5. Pakistan / 5.0%
  6. Argentina / 5.0%
  7. Brazil / 4.3%
  8. Spain / 3.8%
  9. France / 3.3%
  10. Philippines / 2.8%

Top-10 International Cities Visiting MiamiRealtors.com in 2018
City / Share of International Searches

  1. Bogotá, Colombia / 5.0%
  2. Capital District, Venezuela / 3.5%
  3. Ontario, Canada / 3.0%
  4. Karachi, Pakistan 2.7%
  5. Buenos Aires, Argentina / 2.5%
  6. Antioquia, Colombia / 2.0%
  7. Delhi, India / 2.0%
  8. State of Sao Paolo, Brazil / 1.8%
  9. Buenos Aires Province, Argentina / 1.7%
  10. Quebec / 1.6%

New York: Top State Searching Miami Homes

New York finished as the top state searching Miami Homes in 2018

  1. New York/ 11.8%
  2. Texas/ 11.0%
  3. California/ 10.95%
  4. Georgia/ 7.8%
  5. North Carolina/  7.5%
  6. Virginia/  5.9%
  7. Illinois/  4.5%
  8. Oregon/  3.5%
  9. New Jersey/  3.1%
  10. Pennsylvania/  2.3%

South Florida is Most Searched U.S. Market by International Home Buyers: January 2019

Miami-Fort Lauderdale-West Palm Beach ranked as the most searched U.S. market by international consumers, according to Realtor.com January 2019 data. South Florida has consistently ranked among the top-five U.S. markets for global real estate demand.

  1. Miami-Fort Lauderdale-West Palm Beach
  2. Los Angeles-Long Beach-Anaheim, CA
  3. Bellingham, WA
  4. Kahului-Wailuku-Lahaina, HI
  5. Urban Honolulu, HI
  6. New York-Newark-Jersey City, NY-NJ-PA
  7. Orlando-Kissimmee-Sanford, FL
  8. El Centro, CA
  9. Tampa-St. Petersburg, Clearwater, FL
  10. Cape Coral-Fort Myers, FL

Source: REALTOR.com January 2019

South Florida Ranks as Top-Five Real Estate Market in the World’s Six Largest Regions

South Florida ranked as a top-five market for consumers in the world’s largest regions in January 2019. South Florida once again as South America’s most-searched market, collecting 29.99% of all Realtor.com listing page views in the region.

North America

  1. Dallas (3.75%)
  2. Chicago (3.70%)
  3. Miami (3.54%)
  4. Atlanta (2.64%)
  5. Tampa (2.60%)

Northern Europe

  1. Los Angeles (10.89%)
  2. Orlando (6.51%)
  3. Miami (6.03%)
  4. New York (5.97%)
  5. Lakeland (2.74%)

Western Europe

  1. Los Angeles (7.26%)
  2. Miami (7.18%)
  3. New York (4.69%)
  4. Cape Coral, FL (2.97%)
  5. Tampa (2.87%)

South America

  1. Miami (29.99%)
  2. Orlando (14.13%)
  3. Los Angeles (6.14%)
  4. New York (5.24%)
  5. Tampa (2.42%) 

Australia/New Zealand

  1. Los Angeles (17.80%)
  2. New York (11.01%)
  3. Dallas (2.80%)
  4. Chicago (2.56%)
  5. Miami (2.55%)

Western Asia

  1. Los Angeles (6.63%)
  2. Miami (5.93%)
  3. New York (4.59%)
  4. Dallas (3.49%)
  5. Chicago (2.99%)

Top 10 Countries Driving International Demand in South Florida

  1. Canada
  2. Brazil
  3. Argentina
  4. Colombia
  5. United Kingdom
  6. Mexico
  7. Germany
  8. France
  9. Spain
  10. Italy

SOURCE: Realtor.com January 2019

About the MIAMI Association of Realtors

The MIAMI Association of Realtors was chartered by the National Association of Realtors in 1920 and is celebrating 99 years of service to Realtors, the buying and selling public, and the communities in South Florida. Comprised of six organizations, the Residential Association, the Realtors Commercial Alliance, the Broward-MIAMI Association of Realtors, the Jupiter Tequesta Hobe Sound (JTHS-MIAMI) Council, the Young Professionals Network (YPN) Council and the award-winning International Council, it represents 47,000 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 212 international organizations worldwide. MIAMI’s official website is www.MiamiRealtors.com

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