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MONTHLY MARKET REPORT

Shenandoah Miami Real Estate Market Update: September 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 September 2025, the Shenandoah, Miami single-family market recorded 11 new listings, 14 homes going under contract and 6 closed sales, with a median sale price of $1,060,000 and a median of $552 per square foot.

September 2025 Shenandoah Real Estate at a Glance

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

MEDIAN SALE PRICE

$1,060,000

↑ 38% vs. Sept 2024

MEDIAN SOLD $ / SQ. FT.

$552

↓ 11% vs. Sept 2024

MEDIAN DAYS ON MARKET

90

↑ 77% vs. Sept 2024

SOLD AFTER PRICE REDUCTION

50%

↑ 6Ā pts vs. Sept 2024

MONTHS OF INVENTORY

6.5 months

↑ 2.3Ā months vs. Sept 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.

54 active listings Ć· 8.33 average monthly sales = 6.5 months

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MARKET ACTIVITY

11

New Listings

↓ 2 vs. Sept 2024

14

Homes Went Under Contract

↑ 11 vs. Sept 2024

6

Closed Sales

↓ 3 vs. Sept 2024

90.2%

Sold vs. Original List Price

93.5%

Sold vs. Final List Price

Year to date: $76.4 million in Shenandoah single-family sales, January–September 2025, down 5.1% from the same period in 2024.

The Year in Review

Review

The Last 12 Months in Shenandoah

Chart

Chart

Chart

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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Value

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Value

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Value

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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

Label

Value

Label

Value

Label

Value

Label

Value

Label

Value

Label

Value

Label

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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.

–

MEDIAN DOM

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Every Shenandoah Closed Sale, September 2025

6 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

1130 SW 23rd Ave.

CLOSED PRICE

$1,370,000

$ / LIVING SQ. FT.

$588

BEDS / BATHS

4 / 4.5

LIVING SQ. FT.

2,328

LOT SQ. FT.

6,000

DAYS ON MARKET

28

SOLD VS. ORIGINAL LIST

94.5%

CLOSING DATE

Sept 24

ADDRESS

1537 SW 10th St.

CLOSED PRICE

$1,200,000

$ / LIVING SQ. FT.

$457

BEDS / BATHS

6 / 3

LIVING SQ. FT.

2,628

LOT SQ. FT.

7,395

DAYS ON MARKET

177

SOLD VS. ORIGINAL LIST

80.0%

CLOSING DATE

Sept 10

ADDRESS

1864 SW 14th Ter.

CLOSED PRICE

$1,070,000

$ / LIVING SQ. FT.

$783

BEDS / BATHS

3 / 3

LIVING SQ. FT.

1,367

LOT SQ. FT.

5,150

DAYS ON MARKET

176

SOLD VS. ORIGINAL LIST

85.6%

CLOSING DATE

Sept 17

ADDRESS

2181 SW 20th St.

CLOSED PRICE

$1,050,000

$ / LIVING SQ. FT.

$664

BEDS / BATHS

3 / 3

LIVING SQ. FT.

1,582

LOT SQ. FT.

6,060

DAYS ON MARKET

99

SOLD VS. ORIGINAL LIST

95.7%

CLOSING DATE

Sept 17

ADDRESS

1650 SW 17th St.

CLOSED PRICE

$900,000

$ / LIVING SQ. FT.

$515

BEDS / BATHS

3 / 2

LIVING SQ. FT.

1,746

LOT SQ. FT.

5,450

DAYS ON MARKET

17

SOLD VS. ORIGINAL LIST

100.1%

CLOSING DATE

Sept 8

ADDRESS

2225 SW 11th Ter.

CLOSED PRICE

$600,000

$ / LIVING SQ. FT.

$374

BEDS / BATHS

4 / 3

LIVING SQ. FT.

1,603

LOT SQ. FT.

5,850

DAYS ON MARKET

82

SOLD VS. ORIGINAL LIST

85.8%

CLOSING DATE

Sept 25

ADDRESS

Average

CLOSED PRICE

$1,031,667

$ / LIVING SQ. FT.

$564

BEDS / BATHS

LIVING SQ. FT.

1,876

LOT SQ. FT.

5,984

DAYS ON MARKET

97

SOLD VS. ORIGINAL LIST

90.3%

CLOSING DATE

ADDRESS

Median

CLOSED PRICE

$1,060,000

$ / LIVING SQ. FT.

$552

BEDS / BATHS

LIVING SQ. FT.

1,675

LOT SQ. FT.

5,925

DAYS ON MARKET

91

SOLD VS. ORIGINAL LIST

90.2%

CLOSING DATE

Source: Southeast Florida MLS.

How September Compared With August

SHENANDOAH

AUG 2025

SEPT 2025

CHANGE

SHENANDOAH

New listings

AUG 2025

10

SEPT 2025

11

CHANGE

↑ 1

SHENANDOAH

Under contract

AUG 2025

7

SEPT 2025

14

CHANGE

↑ 7

SHENANDOAH

Closed sales

AUG 2025

9

SEPT 2025

6

CHANGE

↓ 3

SHENANDOAH

Closed volume

AUG 2025

$11.30M

SEPT 2025

$6.19M

CHANGE

↓ 45.2%

SHENANDOAH

Median sale price

AUG 2025

$1,134,000

SEPT 2025

$1,060,000

CHANGE

↓ 6.5%

SHENANDOAH

Median $ / sq. ft.

AUG 2025

$572

SEPT 2025

$552

CHANGE

↓ 3.5%

SHENANDOAH

Median days on market

AUG 2025

81

SEPT 2025

90

CHANGE

↑ 9Ā days

SHENANDOAH

Months of inventory

AUG 2025

7.2

SEPT 2025

6.5

CHANGE

↓ 0.7Ā months

THE LAST 12 MONTHS

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

October 2024 – September 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 September 2025, 100 Shenandoah single-family homes sold, with a median sale price of $899,500. The median sale price per square foot was $555, and homes spent a median of 58Ā 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

September 1–30, 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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