The Health Ministry says 287 virus cases have been diagnosed since midnight, and 337 new infections were recorded on Saturday.
Testing levels generally plummet over the weekend.
According to the ministry, there are currently 16,253 active coronavirus cases. It says 548 people are in serious condition, including 211 on ventilators. The death toll stands at 6,087.
The dramatic decline comes as over 5.1 million Israelis have received at least the first dose of the vaccine, with 4.5 million fully immunized.