Miami Beach Condo Cliff Index As Of Feb. 10, 2025

This is the latest update to the Miami Beach Condo Cliff Index™ as of Feb. 10, 2025. This Index tracks the submarket on a periodical basis.

The Miami Condo Association Financial Cliff Index™ occasionally tracks the financial health and stability of the Miami 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 Miami Beach Condo Cliff Index™ is updated at least every time we focus on the submarket defined as 87th Terrace on the barrier island south to South Pointe Drive, and the Atlantic Ocean west to Biscayne Bay and/or the Intracoastal Waterway.

This latest assessment of the Miami 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.

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The views and opinions expressed in this report are for general informational purposes only. It is believed to be accurate and complete based on current market trends but cannot be guaranteed or warranted as circumstances change without notice. It should not be considered as financial, legal, tax or investment advice. This content should not be relied upon as the sole basis for making any financial decisions. Before making any investment or financial decisions, you should consult with a qualified professional to determine the suitability of any investment or strategy for your individual circumstances and goals.

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