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MONTHLY MARKET REPORT

Shenandoah Miami Real Estate Market Update: May 2026

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 2026, the Shenandoah, Miami single-family market recorded 9 new listings, 7 homes going under contract and 9 closed sales, with a median sale price of $870,000 and a median of $542 per square foot.

May 2026 Shenandoah Real Estate at a Glance

Single-family homes Ā· Southeast Florida MLS Ā· Change vs. May 2025

MEDIAN SALE PRICE

$870,000

↓ 13% vs. May 2025

MEDIAN SOLD $ / SQ. FT.

$542

↓ 6% vs. May 2025

MEDIAN DAYS ON MARKET

58

↓ 3% vs. May 2025

SOLD AFTER PRICE REDUCTION

67%

↑ 7Ā pts vs. May 2025

MONTHS OF INVENTORY

5.0 months

↓ 2.9Ā months vs. May 2025

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.

45 active listings Ć· 9.08 average monthly sales = 5.0 months

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MARKET ACTIVITY

9

New Listings

↓ 6 vs. May 2025

7

Homes Went Under Contract

↓ 2 vs. May 2025

9

Closed Sales

↓ 1 vs. May 2025

90.2%

Sold vs. Original List Price

95.3%

Sold vs. Final List Price

Year to date: $46.6 million in Shenandoah single-family sales, January–May 2026, up 20.4% from the same period in 2025.

The Year in Review

Review

The Last 12 Months in Shenandoah

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, May 2026

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

1259 SW 20th St.

CLOSED PRICE

$2,570,000

$ / LIVING SQ. FT.

BEDS / BATHS

5 / 4.5

LIVING SQ. FT.

LOT SQ. FT.

5,928

DAYS ON MARKET

448

SOLD VS. ORIGINAL LIST

90.2%

CLOSING DATE

May 21

ADDRESS

1755 SW 10th St.

CLOSED PRICE

$1,897,800

$ / LIVING SQ. FT.

$523

BEDS / BATHS

3 / 3.5

LIVING SQ. FT.

3,630

LOT SQ. FT.

11,800

DAYS ON MARKET

53

SOLD VS. ORIGINAL LIST

86.3%

CLOSING DATE

May 13

ADDRESS

1601 SW 11th Ter.

CLOSED PRICE

$1,425,000

$ / LIVING SQ. FT.

$562

BEDS / BATHS

4 / 3

LIVING SQ. FT.

2,535

LOT SQ. FT.

6,638

DAYS ON MARKET

10

SOLD VS. ORIGINAL LIST

95.3%

CLOSING DATE

May 26

ADDRESS

2434 SW 15th St.

CLOSED PRICE

$875,000

$ / LIVING SQ. FT.

$655

BEDS / BATHS

3 / 2

LIVING SQ. FT.

1,335

LOT SQ. FT.

7,400

DAYS ON MARKET

52

SOLD VS. ORIGINAL LIST

98.9%

CLOSING DATE

May 6

ADDRESS

1632 SW 12th St.

CLOSED PRICE

$870,000

$ / LIVING SQ. FT.

$616

BEDS / BATHS

3 / 2

LIVING SQ. FT.

1,412

LOT SQ. FT.

5,900

DAYS ON MARKET

64

SOLD VS. ORIGINAL LIST

82.2%

CLOSING DATE

May 27

ADDRESS

1900 SW 21st Ave.

CLOSED PRICE

$730,000

$ / LIVING SQ. FT.

$693

BEDS / BATHS

2 / 1

LIVING SQ. FT.

1,053

LOT SQ. FT.

6,500

DAYS ON MARKET

519

SOLD VS. ORIGINAL LIST

66.4%

CLOSING DATE

May 28

ADDRESS

1738 SW 17th St.

CLOSED PRICE

$700,000

$ / LIVING SQ. FT.

$361

BEDS / BATHS

4 / 2

LIVING SQ. FT.

1,938

LOT SQ. FT.

5,400

DAYS ON MARKET

367

SOLD VS. ORIGINAL LIST

72.9%

CLOSING DATE

May 22

ADDRESS

2258 SW 15th St.

CLOSED PRICE

$650,000

$ / LIVING SQ. FT.

$428

BEDS / BATHS

3 / 3

LIVING SQ. FT.

1,517

LOT SQ. FT.

7,250

DAYS ON MARKET

31

SOLD VS. ORIGINAL LIST

93.0%

CLOSING DATE

May 15

ADDRESS

1045 SW 20th Ave.

CLOSED PRICE

$630,000

$ / LIVING SQ. FT.

$337

BEDS / BATHS

2 / 1

LIVING SQ. FT.

1,871

LOT SQ. FT.

7,100

DAYS ON MARKET

58

SOLD VS. ORIGINAL LIST

92.0%

CLOSING DATE

May 29

ADDRESS

Average

CLOSED PRICE

$1,149,756

$ / LIVING SQ. FT.

$522

BEDS / BATHS

LIVING SQ. FT.

1,911

LOT SQ. FT.

7,102

DAYS ON MARKET

178

SOLD VS. ORIGINAL LIST

86.4%

CLOSING DATE

ADDRESS

Median

CLOSED PRICE

$870,000

$ / LIVING SQ. FT.

$542

BEDS / BATHS

LIVING SQ. FT.

1,694

LOT SQ. FT.

6,638

DAYS ON MARKET

58

SOLD VS. ORIGINAL LIST

90.2%

CLOSING DATE

Source: Southeast Florida MLS.

How May Compared With April

SHENANDOAH

APR 2026

MAY 2026

CHANGE

SHENANDOAH

New listings

APR 2026

8

MAY 2026

9

CHANGE

↑ 1

SHENANDOAH

Under contract

APR 2026

10

MAY 2026

7

CHANGE

↓ 3

SHENANDOAH

Closed sales

APR 2026

8

MAY 2026

9

CHANGE

↑ 1

SHENANDOAH

Closed volume

APR 2026

$9.21M

MAY 2026

$10.35M

CHANGE

↑ 12.4%

SHENANDOAH

Median sale price

APR 2026

$917,250

MAY 2026

$870,000

CHANGE

↓ 5.2%

SHENANDOAH

Median $ / sq. ft.

APR 2026

$618

MAY 2026

$542

CHANGE

↓ 12.2%

SHENANDOAH

Median days on market

APR 2026

46

MAY 2026

58

CHANGE

↑ 12Ā days

SHENANDOAH

Months of inventory

APR 2026

5.3

MAY 2026

5.0

CHANGE

↓ 0.4Ā months

THE LAST 12 MONTHS

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

June 2025 – May 2026 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 2026, 109 Shenandoah single-family homes sold, with a median sale price of $900,000. The median sale price per square foot was $552, and homes spent a median of 59Ā 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

May 1–31, 2026

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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