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Profile of International Home Buyers in Florida 2015 Report

November 22nd, 2015 · Leave a Comment

The National Association of REALTORS Research Department has completed a 2015 report titled, “Profile of International Home Buyers in Florida.”

NAR Report

Florida is one of the major U.S. destinations of international residential real estate buyers. Approximately 25 percent of foreign home buyers purchasing U.S. property buy Florida properties. The 2015 survey shows that foreign sales remain an important segment of Florida’s residential market:

  • International unit sales totaled 44,000 properties, 12 percent of Florida’s residential market (15 percent a year ago), compared to four percent nationally.
  • The dollar volume of international sales totaled $23.7 billion, 24 percent of Florida’s residential dollar volume of sales (19 percent a year ago), compared to eight percent nationally.
  • 69 percent of Florida REALTORS® have international clients (52 percent a year ago), compared to the national average of 35 percent

For the Northeast Florida market, note page 19 of the 2015 report. Per the report, Jacksonville/St. Augustine received two (2) percent of international sales. Last year’s report indicated that the Jacksonville/St. Augustine market received three (3) percent of international sales.

To view the report, click here.

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