Sunny Isles Beach Condo Cliff Index Down 5.12% In 2025
This is the latest update to the Sunny Isles Beach Condo Cliff Index™ as of Feb. 18, 2025. This Index tracks the submarket on a periodical basis.
The Sunny Isles Beach condo market has weakened by more than five percent in the first seven weeks of 2025, according to the latest Miami Condo Association Financial Cliff Index™ update as of Feb. 18, 2025.
The Miami Condo Cliff Index™ tracks the financial health and stability of the Sunny Isles Beach 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 Sunny Isles Beach Condo Cliff Index™ is updated at least every time we focus on the submarket defined as Golden Beach south to Haulover Park, and the Atlantic Ocean west to Biscayne Bay and/or the Intracoastal Waterway.
This latest assessment of the Sunny Isles Beach 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.