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MONTHLY MARKET REPORT
Shenandoah Miami Real Estate Market Update: February 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 February 2025, the Shenandoah, Miami single-family market recorded 15 new listings, 8 homes going under contract and 8 closed sales, with a median sale price of $912,500 and a median of $449 per square foot.
February 2025 Shenandoah Real Estate at a Glance
Single-family homes Ā· Southeast Florida MLS Ā· Change vs. February 2024
MEDIAN SALE PRICE
$912,500
āĀ 9% vs. Feb 2024
MEDIAN SOLD $ / SQ. FT.
$449
āĀ 14% vs. Feb 2024
MEDIAN DAYS ON MARKET
104
āĀ 50% vs. Feb 2024
SOLD AFTER PRICE REDUCTION
62%
āĀ 38Ā pts vs. Feb 2024
MONTHS OF INVENTORY
6.2 months
āĀ 2.4Ā months vs. Feb 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.
55 active listings Ć· 8.83 average monthly sales = 6.2 months
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MARKET ACTIVITY
15
New Listings
āĀ 5 vs. Feb 2024
8
Homes Went Under Contract
āĀ 4 vs. Feb 2024
8
Closed Sales
āĀ 0 vs. Feb 2024
87.8%
Sold vs. Original List Price
94.2%
Sold vs. Final List Price
Year to date: $12.3 million in Shenandoah single-family sales, JanuaryāFebruary 2025, down 13.2% from the same period in 2024.
The Year in Review
Review
The Last 12 Months in Shenandoah
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FEATURED SHENANDOAH CLOSING
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FEATURED SHENANDOAH CLOSING
Featured closing
Sold by Jorge Fernandez
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FEATURED SHENANDOAH CLOSING
Featured closing
Sold by Jorge Fernandez
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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, February 2025
8 single-family sales Ā· highest price first
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ADDRESS
CLOSED PRICE ā¼
$ / LIVING SQ. FT.
BEDS / BATHS
LIVING SQ. FT.
LOT SQ. FT.
DAYS ON MARKET
SOLD VS. ORIGINAL LIST
CLOSING DATE
ADDRESS
1414 SW 19th Ave.
CLOSED PRICE
$1,390,000
$ / LIVING SQ. FT.
$411
BEDS / BATHS
5 / 4.5
LIVING SQ. FT.
3,381
LOT SQ. FT.
15,120
DAYS ON MARKET
101
SOLD VS. ORIGINAL LIST
89.7%
CLOSING DATE
Feb 26
ADDRESS
1700 SW 17th St.
CLOSED PRICE
$1,075,000
$ / LIVING SQ. FT.
$438
BEDS / BATHS
6 / 4
LIVING SQ. FT.
2,452
LOT SQ. FT.
10,853
DAYS ON MARKET
73
SOLD VS. ORIGINAL LIST
95.1%
CLOSING DATE
Feb 10
ADDRESS
1345 SW 14th Ave.
CLOSED PRICE
$950,000
$ / LIVING SQ. FT.
$386
BEDS / BATHS
3 / 3.5
LIVING SQ. FT.
2,462
LOT SQ. FT.
7,250
DAYS ON MARKET
176
SOLD VS. ORIGINAL LIST
79.2%
CLOSING DATE
Feb 12
ADDRESS
2476 SW 11th St.
CLOSED PRICE
$925,000
$ / LIVING SQ. FT.
$459
BEDS / BATHS
4 / 2.5
LIVING SQ. FT.
2,014
LOT SQ. FT.
DAYS ON MARKET
92
SOLD VS. ORIGINAL LIST
84.5%
CLOSING DATE
Feb 20
ADDRESS
1055 SW 12th Ct.
CLOSED PRICE
$900,000
$ / LIVING SQ. FT.
$961
BEDS / BATHS
4 / 2
LIVING SQ. FT.
937
LOT SQ. FT.
8,450
DAYS ON MARKET
179
SOLD VS. ORIGINAL LIST
81.8%
CLOSING DATE
Feb 28
ADDRESS
2260 SW 21st St.
CLOSED PRICE
$880,000
$ / LIVING SQ. FT.
$497
BEDS / BATHS
2 / 2
LIVING SQ. FT.
1,770
LOT SQ. FT.
6,500
DAYS ON MARKET
11
SOLD VS. ORIGINAL LIST
100.6%
CLOSING DATE
Feb 28
ADDRESS
1421 SW 17th St.
CLOSED PRICE
$855,000
$ / LIVING SQ. FT.
$657
BEDS / BATHS
4 / 2.5
LIVING SQ. FT.
1,301
LOT SQ. FT.
5,450
DAYS ON MARKET
178
SOLD VS. ORIGINAL LIST
85.9%
CLOSING DATE
Feb 19
ADDRESS
2604 SW 9th St.
CLOSED PRICE
$540,000
$ / LIVING SQ. FT.
$322
BEDS / BATHS
3 / 3
LIVING SQ. FT.
1,677
LOT SQ. FT.
5,940
DAYS ON MARKET
107
SOLD VS. ORIGINAL LIST
90.8%
CLOSING DATE
Feb 28
ADDRESS
Average
CLOSED PRICE
$939,375
$ / LIVING SQ. FT.
$516
BEDS / BATHS
LIVING SQ. FT.
1,999
LOT SQ. FT.
8,509
DAYS ON MARKET
115
SOLD VS. ORIGINAL LIST
88.4%
CLOSING DATE
ADDRESS
Median
CLOSED PRICE
$912,500
$ / LIVING SQ. FT.
$449
BEDS / BATHS
LIVING SQ. FT.
1,892
LOT SQ. FT.
7,250
DAYS ON MARKET
104
SOLD VS. ORIGINAL LIST
87.8%
CLOSING DATE
Source: Southeast Florida MLS.
How February Compared With January
SHENANDOAH
JAN 2025
FEB 2025
CHANGE
SHENANDOAH
New listings
JAN 2025
24
FEB 2025
15
CHANGE
āĀ 9
SHENANDOAH
Under contract
JAN 2025
10
FEB 2025
8
CHANGE
āĀ 2
SHENANDOAH
Closed sales
JAN 2025
6
FEB 2025
8
CHANGE
āĀ 2
SHENANDOAH
Closed volume
JAN 2025
$4.83M
FEB 2025
$7.51M
CHANGE
āĀ 55.8%
SHENANDOAH
Median sale price
JAN 2025
$795,000
FEB 2025
$912,500
CHANGE
āĀ 14.8%
SHENANDOAH
Median $ / sq. ft.
JAN 2025
$526
FEB 2025
$449
CHANGE
āĀ 14.6%
SHENANDOAH
Median days on market
JAN 2025
92
FEB 2025
104
CHANGE
āĀ 12Ā days
SHENANDOAH
Months of inventory
JAN 2025
5.4
FEB 2025
6.2
CHANGE
āĀ 0.8Ā months
THE LAST 12 MONTHS
The Last 12 Months: A Broader View of Shenandoahās Market
March 2024 ā February 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 February 2025, 106 Shenandoah single-family homes sold, with a median sale price of $891,000. The median sale price per square foot was $540, and homes spent a median of 51Ā 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 Shenandoahās market.
What This Means If You're Buying or Selling in Shenandoah
SELLERS
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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
February 1ā28, 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.
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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