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MONTHLY MARKET REPORT
Shenandoah Miami Real Estate Market Update: May 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 May 2025, the Shenandoah, Miami single-family market recorded 15 new listings, 9 homes going under contract and 10 closed sales, with a median sale price of $997,500 and a median of $576 per square foot.
May 2025 Shenandoah Real Estate at a Glance
Single-family homes Ā· Southeast Florida MLS Ā· Change vs. May 2024
MEDIAN SALE PRICE
$997,500
āĀ 11% vs. May 2024
MEDIAN SOLD $ / SQ. FT.
$576
āĀ 3% vs. May 2024
MEDIAN DAYS ON MARKET
60
āĀ 12% vs. May 2024
SOLD AFTER PRICE REDUCTION
60%
āĀ 4Ā pts vs. May 2024
MONTHS OF INVENTORY
7.9 months
āĀ 4.1Ā months vs. May 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.
67 active listings Ć· 8.50 average monthly sales = 7.9 months
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MARKET ACTIVITY
15
New Listings
āĀ 5 vs. May 2024
9
Homes Went Under Contract
āĀ 1 vs. May 2024
10
Closed Sales
āĀ 1 vs. May 2024
95.0%
Sold vs. Original List Price
97.3%
Sold vs. Final List Price
Year to date: $38.7 million in Shenandoah single-family sales, JanuaryāMay 2025, down 9.5% 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, May 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
1122 SW 13th Ave.
CLOSED PRICE
$1,750,000
$ / LIVING SQ. FT.
$576
BEDS / BATHS
4 / 4
LIVING SQ. FT.
3,040
LOT SQ. FT.
3,375
DAYS ON MARKET
196
SOLD VS. ORIGINAL LIST
89.7%
CLOSING DATE
May 28
ADDRESS
2268 SW 16th Ter.
CLOSED PRICE
$1,650,000
$ / LIVING SQ. FT.
$615
BEDS / BATHS
5 / 4
LIVING SQ. FT.
2,682
LOT SQ. FT.
5,450
DAYS ON MARKET
68
SOLD VS. ORIGINAL LIST
97.4%
CLOSING DATE
May 28
ADDRESS
2171 SW 20th St.
CLOSED PRICE
$1,200,000
$ / LIVING SQ. FT.
BEDS / BATHS
4 / 4
LIVING SQ. FT.
LOT SQ. FT.
6,060
DAYS ON MARKET
35
SOLD VS. ORIGINAL LIST
92.3%
CLOSING DATE
May 14
ADDRESS
1892 SW 16th St.
CLOSED PRICE
$1,130,000
$ / LIVING SQ. FT.
$595
BEDS / BATHS
3 / 2
LIVING SQ. FT.
1,900
LOT SQ. FT.
5,467
DAYS ON MARKET
116
SOLD VS. ORIGINAL LIST
95.0%
CLOSING DATE
May 30
ADDRESS
1854 SW 9th St.
CLOSED PRICE
$1,050,000
$ / LIVING SQ. FT.
$393
BEDS / BATHS
5 / 4
LIVING SQ. FT.
2,670
LOT SQ. FT.
5,900
DAYS ON MARKET
256
SOLD VS. ORIGINAL LIST
82.4%
CLOSING DATE
May 1
ADDRESS
1420 SW 19th St.
CLOSED PRICE
$945,000
$ / LIVING SQ. FT.
$810
BEDS / BATHS
3 / 2
LIVING SQ. FT.
1,167
LOT SQ. FT.
6,426
DAYS ON MARKET
16
SOLD VS. ORIGINAL LIST
100.0%
CLOSING DATE
May 2
ADDRESS
1344 SW 16th St.
CLOSED PRICE
$877,500
$ / LIVING SQ. FT.
$548
BEDS / BATHS
3 / 2
LIVING SQ. FT.
1,600
LOT SQ. FT.
7,250
DAYS ON MARKET
143
SOLD VS. ORIGINAL LIST
88.2%
CLOSING DATE
May 9
ADDRESS
1720 SW 12th St.
CLOSED PRICE
$850,000
$ / LIVING SQ. FT.
$436
BEDS / BATHS
4 / 4
LIVING SQ. FT.
1,949
LOT SQ. FT.
6,726
DAYS ON MARKET
34
SOLD VS. ORIGINAL LIST
95.0%
CLOSING DATE
May 12
ADDRESS
2000 SW 16th St.
CLOSED PRICE
$810,000
$ / LIVING SQ. FT.
$608
BEDS / BATHS
3 / 2
LIVING SQ. FT.
1,332
LOT SQ. FT.
5,100
DAYS ON MARKET
51
SOLD VS. ORIGINAL LIST
95.3%
CLOSING DATE
May 30
ADDRESS
2225 SW 12th St.
CLOSED PRICE
$700,000
$ / LIVING SQ. FT.
$364
BEDS / BATHS
4 / 2
LIVING SQ. FT.
1,922
LOT SQ. FT.
5,850
DAYS ON MARKET
11
SOLD VS. ORIGINAL LIST
95.2%
CLOSING DATE
May 30
ADDRESS
Average
CLOSED PRICE
$1,096,250
$ / LIVING SQ. FT.
$550
BEDS / BATHS
LIVING SQ. FT.
2,029
LOT SQ. FT.
5,760
DAYS ON MARKET
93
SOLD VS. ORIGINAL LIST
93.1%
CLOSING DATE
ADDRESS
Median
CLOSED PRICE
$997,500
$ / LIVING SQ. FT.
$576
BEDS / BATHS
LIVING SQ. FT.
1,922
LOT SQ. FT.
5,875
DAYS ON MARKET
60
SOLD VS. ORIGINAL LIST
95.0%
CLOSING DATE
Source: Southeast Florida MLS.
How May Compared With April
SHENANDOAH
APR 2025
MAY 2025
CHANGE
SHENANDOAH
New listings
APR 2025
14
MAY 2025
15
CHANGE
āĀ 1
SHENANDOAH
Under contract
APR 2025
8
MAY 2025
9
CHANGE
āĀ 1
SHENANDOAH
Closed sales
APR 2025
6
MAY 2025
10
CHANGE
āĀ 4
SHENANDOAH
Closed volume
APR 2025
$7.07M
MAY 2025
$10.96M
CHANGE
āĀ 55.2%
SHENANDOAH
Median sale price
APR 2025
$815,000
MAY 2025
$997,500
CHANGE
āĀ 22.4%
SHENANDOAH
Median $ / sq. ft.
APR 2025
$642
MAY 2025
$576
CHANGE
āĀ 10.3%
SHENANDOAH
Median days on market
APR 2025
70
MAY 2025
60
CHANGE
āĀ 10Ā days
SHENANDOAH
Months of inventory
APR 2025
7.2
MAY 2025
7.9
CHANGE
āĀ 0.6Ā months
THE LAST 12 MONTHS
The Last 12 Months: A Broader View of Shenandoahās Market
June 2024 ā May 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 May 2025, 102 Shenandoah single-family homes sold, with a median sale price of $878,750. The median sale price per square foot was $559, and homes spent a median of 52Ā 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
May 1ā31, 2025
MLS DATA CURRENT AS OF
ā
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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