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MONTHLY MARKET REPORT

Shenandoah Miami Real Estate Market Update: August 2025

By Jorge Fernandez, REALTORĀ®

Market data and analysis from Jorge Fernandez, Shenandoah resident and local real estate market expert, with The Shenandoah Guys at SERHANT.

In August 2025, the Shenandoah, Miami single-family market recorded 10 new listings, 7 homes going under contract and 9 closed sales, with a median sale price of $1,134,000 and a median of $572 per square foot.

August 2025 Shenandoah Real Estate at a Glance

Single-family homes Ā· Southeast Florida MLS Ā· Change vs. August 2024

MEDIAN SALE PRICE

$1,134,000

↓ 10% vs. Aug 2024

MEDIAN SOLD $ / SQ. FT.

$572

↓ 9% vs. Aug 2024

MEDIAN DAYS ON MARKET

81

↑ 16% vs. Aug 2024

SOLD AFTER PRICE REDUCTION

56%

↑ 6Ā pts vs. Aug 2024

MONTHS OF INVENTORY

7.2 months

↑ 3.9Ā months vs. Aug 2024

Months of inventory estimates how long it would take to sell the homes currently available at the recent pace of sales. We calculate it by dividing active listings at month-end by the average number of monthly closings over the previous 12 months. Lower inventory generally indicates tighter supply; higher inventory indicates more supply relative to demand.

62 active listings Ć· 8.58 average monthly sales = 7.2 months

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MARKET ACTIVITY

10

New Listings

↑ 5 vs. Aug 2024

7

Homes Went Under Contract

↓ 2 vs. Aug 2024

9

Closed Sales

↑ 3 vs. Aug 2024

93.1%

Sold vs. Original List Price

96.2%

Sold vs. Final List Price

Year to date: $70.2 million in Shenandoah single-family sales, January–August 2025, down 4.2% from the same period in 2024.

The Year in Review

Review

The Last 12 Months in Shenandoah

Chart

Chart

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Chart

FEATURED SHENANDOAH CLOSING

Featured closing

Sold by Jorge Fernandez

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Disclosure

Watch Property Video →

Write-up

FEATURED SHENANDOAH CLOSING

Featured closing

Sold by Jorge Fernandez

Details

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Value

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Disclosure

Watch Property Video →

Write-up

FEATURED SHENANDOAH CLOSING

Featured closing

Sold by Jorge Fernandez

Details

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Value

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Value

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Disclosure

Watch Property Video →

Write-up

Market Snapshot

Snapshot

How the Year Compared

SHENANDOAH SINGLE-FAMILY

PRIOR

YEAR

CHANGE

SHENANDOAH SINGLE-FAMILY

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PRIOR

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YEAR

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CHANGE

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Month by Month

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MONTH

SALES

MEDIAN PRICE

$ / SQ. FT.

MEDIAN DOM

SOLD VS. ORIG. LIST

MONTH

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SALES

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MEDIAN PRICE

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$ / SQ. FT.

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MEDIAN DOM

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SOLD VS. ORIG. LIST

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Closed Sales by Month

Where Homes Sold: Price Ranges

Existing Homes vs. New Construction

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HOME TYPE

SALES

MEDIAN PRICE

$ / SQ. FT.

MEDIAN DOM

HOME TYPE

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SALES

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MEDIAN PRICE

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$ / SQ. FT.

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MEDIAN DOM

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Every Shenandoah Closed Sale, August 2025

9 single-family sales Ā· highest price first

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ADDRESS

CLOSED PRICE ā–¼

$ / LIVING SQ. FT.

BEDS / BATHS

LIVING SQ. FT.

LOT SQ. FT.

DAYS ON MARKET

SOLD VS. ORIGINAL LIST

CLOSING DATE

ADDRESS

1509 SW 15th St.

CLOSED PRICE

$2,250,000

$ / LIVING SQ. FT.

$725

BEDS / BATHS

4 / 3.5

LIVING SQ. FT.

3,104

LOT SQ. FT.

5,450

DAYS ON MARKET

81

SOLD VS. ORIGINAL LIST

94.7%

CLOSING DATE

Aug 22

ADDRESS

1510 SW 15th St.

CLOSED PRICE

$2,070,000

$ / LIVING SQ. FT.

$755

BEDS / BATHS

4 / 3.5

LIVING SQ. FT.

2,742

LOT SQ. FT.

5,450

DAYS ON MARKET

279

SOLD VS. ORIGINAL LIST

96.7%

CLOSING DATE

Aug 28

ADDRESS

1884 SW 17th St.

CLOSED PRICE

$1,400,000

$ / LIVING SQ. FT.

$572

BEDS / BATHS

4 / 3

LIVING SQ. FT.

2,448

LOT SQ. FT.

5,700

DAYS ON MARKET

460

SOLD VS. ORIGINAL LIST

66.7%

CLOSING DATE

Aug 28

ADDRESS

2344 SW 11th St.

CLOSED PRICE

$1,282,125

$ / LIVING SQ. FT.

$710

BEDS / BATHS

4 / 3

LIVING SQ. FT.

1,805

LOT SQ. FT.

5,600

DAYS ON MARKET

0

SOLD VS. ORIGINAL LIST

95.0%

CLOSING DATE

Aug 7

ADDRESS

1772 SW 10th St.

CLOSED PRICE

$1,134,000

$ / LIVING SQ. FT.

$555

BEDS / BATHS

3 / 3

LIVING SQ. FT.

2,042

LOT SQ. FT.

5,900

DAYS ON MARKET

142

SOLD VS. ORIGINAL LIST

88.6%

CLOSING DATE

Aug 28

ADDRESS

1634 SW 17th St.

CLOSED PRICE

$909,000

$ / LIVING SQ. FT.

$570

BEDS / BATHS

4 / 2

LIVING SQ. FT.

1,594

LOT SQ. FT.

5,450

DAYS ON MARKET

81

SOLD VS. ORIGINAL LIST

85.4%

CLOSING DATE

Aug 8

ADDRESS

1780 SW 14th Ter.

CLOSED PRICE

$880,000

$ / LIVING SQ. FT.

$540

BEDS / BATHS

4 / 2

LIVING SQ. FT.

1,629

LOT SQ. FT.

5,250

DAYS ON MARKET

58

SOLD VS. ORIGINAL LIST

93.1%

CLOSING DATE

Aug 8

ADDRESS

2323 SW 20th St.

CLOSED PRICE

$715,000

$ / LIVING SQ. FT.

$497

BEDS / BATHS

2 / 1

LIVING SQ. FT.

1,440

LOT SQ. FT.

5,500

DAYS ON MARKET

16

SOLD VS. ORIGINAL LIST

84.1%

CLOSING DATE

Aug 18

ADDRESS

2025 SW 19th St.

CLOSED PRICE

$660,000

$ / LIVING SQ. FT.

$591

BEDS / BATHS

2 / 1

LIVING SQ. FT.

1,117

LOT SQ. FT.

6,120

DAYS ON MARKET

21

SOLD VS. ORIGINAL LIST

97.8%

CLOSING DATE

Aug 21

ADDRESS

Average

CLOSED PRICE

$1,255,569

$ / LIVING SQ. FT.

$613

BEDS / BATHS

LIVING SQ. FT.

1,991

LOT SQ. FT.

5,602

DAYS ON MARKET

126

SOLD VS. ORIGINAL LIST

89.1%

CLOSING DATE

ADDRESS

Median

CLOSED PRICE

$1,134,000

$ / LIVING SQ. FT.

$572

BEDS / BATHS

LIVING SQ. FT.

1,805

LOT SQ. FT.

5,500

DAYS ON MARKET

81

SOLD VS. ORIGINAL LIST

93.1%

CLOSING DATE

Source: Southeast Florida MLS.

How August Compared With July

SHENANDOAH

JUL 2025

AUG 2025

CHANGE

SHENANDOAH

New listings

JUL 2025

14

AUG 2025

10

CHANGE

↓ 4

SHENANDOAH

Under contract

JUL 2025

10

AUG 2025

7

CHANGE

↓ 3

SHENANDOAH

Closed sales

JUL 2025

11

AUG 2025

9

CHANGE

↓ 2

SHENANDOAH

Closed volume

JUL 2025

$11.05M

AUG 2025

$11.30M

CHANGE

↑ 2.2%

SHENANDOAH

Median sale price

JUL 2025

$900,000

AUG 2025

$1,134,000

CHANGE

↑ 26.0%

SHENANDOAH

Median $ / sq. ft.

JUL 2025

$536

AUG 2025

$572

CHANGE

↑ 6.7%

SHENANDOAH

Median days on market

JUL 2025

34

AUG 2025

81

CHANGE

↑ 47Ā days

SHENANDOAH

Months of inventory

JUL 2025

7.3

AUG 2025

7.2

CHANGE

↓ 0.1Ā months

THE LAST 12 MONTHS

The Last 12 Months: A Broader View of Shenandoah’s Market

September 2024 – August 2025 Ā· Single-family homes

Median Sale Price

Monthly median

Median Price per Sq. Ft.

Monthly median

ALL SALES, ROLLING 12 MONTHS

Over the 12 months ending August 2025, 103 Shenandoah single-family homes sold, with a median sale price of $880,000. The median sale price per square foot was $555, and homes spent a median of 53Ā days on the market.

The charts illustrate monthly price fluctuations, while the rolling 12-month figures reflect all qualifying closed sales during the period, providing a broader perspective on Shenandoah’s market.

What This Means If You're Buying or Selling in Shenandoah

SELLERS

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BUYERS

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YOUR SHENANDOAH HOME VALUE

Considering Selling a Home in Shenandoah?

Get a personalized valuation informed by current neighborhood sales and firsthand local experience.

Jorge Fernandez | The Shenandoah Guys | SERHANT.

About This Monthly Market Report

This report analyzes single-family home sales and market activity in Shenandoah, Miami, using Southeast Florida MLS data for the reporting period. Rather than simply reporting the numbers, Jorge Fernandez provides firsthand market analysis and local context to explain the why behind the data, what is driving current market activity, and what it may mean for Shenandoah homeowners, sellers and buyers. Insights are informed by current MLS activity along with firsthand experience listing, marketing, showing and selling homes throughout the neighborhood.

Months of inventory is calculated using active Shenandoah single-family listings at month-end divided by the average monthly closed sales over the trailing 12 months.

REPORTING PERIOD

August 1–31, 2025

MLS DATA CURRENT AS OF

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PUBLISHED

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DATA SOURCE

Southeast Florida MLS

Condominium and townhome sales are not included. Sales referenced may include properties in which Jorge Fernandez/The Shenandoah Guys at SERHANT. Florida LLC did not represent the buyer or seller. Information is provided for market analysis purposes.

Jorge A. Fernandez, REALTOR, The Shenandoah Guys at SERHANT

REPORT PREPARED BY

Jorge Fernandez, REALTORĀ®

The Shenandoah Guys | SERHANT. Florida

Professional Recognition & Designations

2026 RealTrends Verified | Top 1.5% Nationwide

Certified Luxury Home Marketing Specialist (CLHMSā„¢) | Million Dollar GUILDā„¢

Master Brokers Forum | Advisory Board

Local Expertise

Miami Native | 21+ Years of Real Estate Experience | 10-Year Shenandoah Resident

Florida Real Estate License #SL3158278

Florida Real Estate License #SL3158278

The Shenandoah Guys | SERHANT. Florida

Miami Native | 21+ Years of Real Estate Experience | 10-Year Shenandoah Resident

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