2025 International Buyers in U.S. Real Estate: What the New NAR Report Means for South Florida

2025 International Buyers in U.S. Real Estate: What the New NAR Report Means for South Florida

2025 International Buyers in U.S. Real Estate: What the New NAR Report Means for South Florida | The Listing Team

2025 International Buyers in U.S. Real Estate: What the New NAR Report Means for South Florida

By Scott Lehr, The Listing Team at RESF

🌎 A $56 Billion Force in the Market

According to the National Association of REALTORS® 2025 International Transactions in U.S. Residential Real Estate Report, foreign buyers purchased 78,100 U.S. homes from April 2024 to March 2025—totaling $56 billion in sales volume. While these buyers represented just 2.3% of existing-home sales, their influence is felt most strongly in high-demand markets like Miami and Fort Lauderdale.

🏖 Florida Remains the #1 Destination

Florida once again claimed the top spot, capturing 21% of all international purchases—beating out California (15%), Texas (10%), New York (7%), and Arizona (5%). In South Florida, international buyers are drawn by year-round sunshine, a strong rental market, and global connectivity via Miami International and Fort Lauderdale–Hollywood airports.

🌏 Who’s Buying?

  • China: 15% share / $13.7B volume
  • Canada: 14% / $6.2B
  • Mexico: 8% / $4.4B
  • India: 6%
  • United Kingdom: 4%

These buyers are purchasing across all price points, but South Florida’s waterfront condos and luxury single-family homes remain particularly attractive.

💰 Price Points and Payment Trends

The median purchase price for foreign buyers hit $494,400—well above the overall U.S. median of $408,500. Nearly half (47%) of these transactions were all-cash, making them especially competitive in multiple-offer situations.

Pro Tip: Sellers should market internationally and highlight features that resonate with cash-ready buyers—such as immediate occupancy, rental potential, and proximity to cultural hotspots.

🏠 How They’re Using Their Homes

About 47% of purchases were for vacation homes, short-term rentals, or both. South Florida’s year-round tourism and event calendar—plus strong returns from platforms like Airbnb—make the region ideal for hybrid personal/investment use.

📈 What This Means for Broward & Miami

For Broward County, this demand supports stable pricing, fuels the luxury market, and creates opportunities for sellers to reach global buyers. In Miami, the influx strengthens condo absorption rates and keeps pre-construction interest high.

Investors benefit from reliable tenant demand, while buyers should be prepared to act quickly—especially in cash-preferred segments like waterfront and new construction.

📲 Work With Experts Who Understand the Global Market

International demand isn’t slowing—and neither is South Florida’s appeal. Whether you’re buying, selling, or investing, you need a team that can position your property to attract the right audience both locally and globally.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top