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MONTHLY MARKET REPORT
Shenandoah Miami Real Estate Market Update: March 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 March 2025, the Shenandoah, Miami single-family market recorded 15 new listings, 8 homes going under contract and 10 closed sales, with a median sale price of $819,500 and a median of $519 per square foot.
March 2025 Shenandoah Real Estate at a Glance
Single-family homes Ā· Southeast Florida MLS Ā· Change vs. March 2024
MEDIAN SALE PRICE
$819,500
āĀ 10% vs. Mar 2024
MEDIAN SOLD $ / SQ. FT.
$519
āĀ 5% vs. Mar 2024
MEDIAN DAYS ON MARKET
10
āĀ 74% vs. Mar 2024
SOLD AFTER PRICE REDUCTION
20%
āĀ 10Ā pts vs. Mar 2024
MONTHS OF INVENTORY
6.2 months
āĀ 2.0Ā months vs. Mar 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 4 vs. Mar 2024
8
Homes Went Under Contract
āĀ 2 vs. Mar 2024
10
Closed Sales
āĀ 0 vs. Mar 2024
93.2%
Sold vs. Original List Price
94.3%
Sold vs. Final List Price
Year to date: $20.7 million in Shenandoah single-family sales, JanuaryāMarch 2025, down 12.3% 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
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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, March 2025
10 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
1936 SW 18th St.
CLOSED PRICE
$1,100,100
$ / LIVING SQ. FT.
$364
BEDS / BATHS
5 / 3
LIVING SQ. FT.
3,026
LOT SQ. FT.
5,050
DAYS ON MARKET
7
SOLD VS. ORIGINAL LIST
100.5%
CLOSING DATE
Mar 10
ADDRESS
1511 SW 17th Ter.
CLOSED PRICE
$970,000
$ / LIVING SQ. FT.
$761
BEDS / BATHS
3 / 2
LIVING SQ. FT.
1,274
LOT SQ. FT.
5,136
DAYS ON MARKET
22
SOLD VS. ORIGINAL LIST
92.5%
CLOSING DATE
Mar 17
ADDRESS
1686 SW 12th St.
CLOSED PRICE
$950,000
$ / LIVING SQ. FT.
$546
BEDS / BATHS
4 / 2
LIVING SQ. FT.
1,741
LOT SQ. FT.
5,900
DAYS ON MARKET
12
SOLD VS. ORIGINAL LIST
90.6%
CLOSING DATE
Mar 28
ADDRESS
1951 SW 16th Ter.
CLOSED PRICE
$899,000
$ / LIVING SQ. FT.
$612
BEDS / BATHS
3 / 3
LIVING SQ. FT.
1,470
LOT SQ. FT.
5,702
DAYS ON MARKET
7
SOLD VS. ORIGINAL LIST
100.0%
CLOSING DATE
Mar 24
ADDRESS
1278 SW 14th St.
CLOSED PRICE
$844,000
$ / LIVING SQ. FT.
$562
BEDS / BATHS
3 / 3
LIVING SQ. FT.
1,502
LOT SQ. FT.
6,555
DAYS ON MARKET
8
SOLD VS. ORIGINAL LIST
93.9%
CLOSING DATE
Mar 17
ADDRESS
1511 SW 20th Ct.
CLOSED PRICE
$795,000
$ / LIVING SQ. FT.
$394
BEDS / BATHS
4 / 2
LIVING SQ. FT.
2,020
LOT SQ. FT.
5,050
DAYS ON MARKET
5
SOLD VS. ORIGINAL LIST
100.0%
CLOSING DATE
Mar 25
ADDRESS
1519 SW 19th St.
CLOSED PRICE
$750,750
$ / LIVING SQ. FT.
$277
BEDS / BATHS
5 / 4
LIVING SQ. FT.
2,706
LOT SQ. FT.
6,750
DAYS ON MARKET
98
SOLD VS. ORIGINAL LIST
83.9%
CLOSING DATE
Mar 4
ADDRESS
1255 SW 16th St.
CLOSED PRICE
$750,000
$ / LIVING SQ. FT.
$492
BEDS / BATHS
3 / 2
LIVING SQ. FT.
1,524
LOT SQ. FT.
5,750
DAYS ON MARKET
15
SOLD VS. ORIGINAL LIST
90.9%
CLOSING DATE
Mar 4
ADDRESS
1439 SW 19th Ter.
CLOSED PRICE
$718,500
$ / LIVING SQ. FT.
$444
BEDS / BATHS
3 / 2
LIVING SQ. FT.
1,620
LOT SQ. FT.
2,700
DAYS ON MARKET
4
SOLD VS. ORIGINAL LIST
99.1%
CLOSING DATE
Mar 14
ADDRESS
2537 SW 10th St.
CLOSED PRICE
$540,000
$ / LIVING SQ. FT.
$612
BEDS / BATHS
3 / 2
LIVING SQ. FT.
882
LOT SQ. FT.
5,400
DAYS ON MARKET
126
SOLD VS. ORIGINAL LIST
91.5%
CLOSING DATE
Mar 17
ADDRESS
Average
CLOSED PRICE
$831,735
$ / LIVING SQ. FT.
$506
BEDS / BATHS
LIVING SQ. FT.
1,777
LOT SQ. FT.
5,399
DAYS ON MARKET
30
SOLD VS. ORIGINAL LIST
94.3%
CLOSING DATE
ADDRESS
Median
CLOSED PRICE
$819,500
$ / LIVING SQ. FT.
$519
BEDS / BATHS
LIVING SQ. FT.
1,572
LOT SQ. FT.
5,551
DAYS ON MARKET
10
SOLD VS. ORIGINAL LIST
93.2%
CLOSING DATE
Source: Southeast Florida MLS.
How March Compared With February
SHENANDOAH
FEB 2025
MAR 2025
CHANGE
SHENANDOAH
New listings
FEB 2025
15
MAR 2025
15
CHANGE
āĀ 0
SHENANDOAH
Under contract
FEB 2025
8
MAR 2025
8
CHANGE
āĀ 0
SHENANDOAH
Closed sales
FEB 2025
8
MAR 2025
10
CHANGE
āĀ 2
SHENANDOAH
Closed volume
FEB 2025
$7.51M
MAR 2025
$8.32M
CHANGE
āĀ 10.7%
SHENANDOAH
Median sale price
FEB 2025
$912,500
MAR 2025
$819,500
CHANGE
āĀ 10.2%
SHENANDOAH
Median $ / sq. ft.
FEB 2025
$449
MAR 2025
$519
CHANGE
āĀ 15.6%
SHENANDOAH
Median days on market
FEB 2025
104
MAR 2025
10
CHANGE
āĀ 94Ā days
SHENANDOAH
Months of inventory
FEB 2025
6.2
MAR 2025
6.2
CHANGE
āĀ 0Ā months
THE LAST 12 MONTHS
The Last 12 Months: A Broader View of Shenandoahās Market
April 2024 ā March 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 March 2025, 106 Shenandoah single-family homes sold, with a median sale price of $881,500. The median sale price per square foot was $545, 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
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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
March 1ā31, 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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