Boca Raton Condo Cliff Index™ Surges Nearly 18% Year-To-Date
This is the latest update to the Boca Raton Condo Cliff Index™ as of March 11, 2025. This Index tracks the submarket on a periodical basis.
The Boca Raton condo market has strengthened by nearly 18 percent in the first 10 weeks of 2025, according to the latest Miami Condo Association Financial Cliff Index™ update as of March 11, 2025.
The Miami Condo Cliff Index™ tracks the financial health and stability of the Boca Raton condo market based on active listings and pending sales for Overall condos and Vintage condos that are at least 30 years old.
Launched on Jan. 1, 2025, the Boca Raton Condo Cliff Index™ is updated at least every time we focus on the submarket defined as Northwest 40th Street - Spanish River Boulevard south to Hillsboro Boulevard, and Atlantic Ocean west to Interstate 95.
This latest assessment of the Boca Raton submarket comes at a time when doubts about the condo market are growing among real estate agents amidst lackluster sales activity and stubbornly high mortgage rates near the peak of the Winter Buying Season in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach.