Silver Creek & Evergreen, San Jose | March Housing Market Update | Eddie Oberoi and Aliya Mody

Market Statistics

• February Closings in 95138 (Silver Creek): 15 homes sold
• February Closings in 95135 (Evergreen): 18 homes sold
• February Closings in 95148 (Evergreen): 19 homes sold
• Average Days on Market: 18–21 days
• Inventory: Low — especially in top school districts

Steady While Others Fluctuate

A Market That Hasn't Flinched

It's easy to look at the headlines and assume every market is struggling — but Silver Creek and Evergreen tell a different story. February closed with 15 sales in 95138, 18 in 95135, and 19 in 95148. That's 52 combined closings in a single month across these zip codes — solid numbers that reflect a community with real, consistent demand. Inventory is low, average days on market sit between 18 and 21, and if you simply drive through the neighborhoods, you won't see many for-sale signs. That's not an accident — it's the reality of a market with strong fundamentals.

What's Driving the Silver Creek & Evergreen Market?

Key Market Insights

• Consistent Closings Across All Three Zip Codes: 15, 18, and 19 closings in February across 95138, 95135, and 95148 respectively — that's 52 homes sold in one month. In a market people assume is slowing down, these numbers speak for themselves.
• Well-Prepared Homes Are Moving Fast — With Multiple Offers: Homes that are clean, show well, and have desirable features like views are getting strong buyer attention and selling with multiple offers. Presentation is translating directly into competitive outcomes for sellers who put in the work.
• Homes Needing Updates Are Sitting Longer: Buyers in this market are discerning. Properties that need updating are still selling, but they're taking more time and generating less competitive interest. The gap between move-in ready and fixer is visible in the days-on-market data.
• Average Days on Market: 18–21 Days: For context, 18 to 21 days on market reflects a brisk, healthy pace. Homes aren't flying off overnight, but they're not sitting either — it's a balanced rhythm that favors well-positioned sellers and prepared buyers.
• Low Inventory Supports Values: Drive through Silver Creek or Evergreen and you won't see many for-sale signs. Tight inventory — particularly in desirable school districts — continues to underpin demand and protect property values from the volatility seen elsewhere in California.

Strategic Advice for Buyers and Sellers

For Buyers:

• Low Inventory Means Limited Options — Be Ready: With few homes on the market across these zip codes, the selection is limited at any given time. When a well-priced, well-prepared home comes up in a good school district, competition arrives quickly. Have your financing ready and know your priorities.
• School Districts Are a Core Value Driver Here: Silver Creek and Evergreen are known for strong schools, and that reputation consistently drives demand. If schools are a priority for your family, this area delivers — and that sustained demand means buying here is a sound long-term decision.
• Don't Let Headlines Spook You: The national noise about real estate markets doesn't reflect what's happening here. These neighborhoods are stable and active. If you're waiting for the market to "settle down" in Silver Creek or Evergreen, it already has — and it's moving without you.
• Consider Homes That Need Some Updating: While move-in ready homes attract the most competition, properties needing updates are sitting a bit longer — which can mean more negotiating room and a better entry price for buyers willing to put in some work.

For Sellers:

• Preparation Directly Drives Results: The data is unambiguous — homes that are clean, show well, and have attractive features like views are selling with multiple offers. The investment in preparation pays off in a higher sale price and a faster close.
• Low Inventory Works in Your Favor: With few competing listings in the neighborhood, a well-positioned home commands attention. You're not fighting a crowded market — you're presenting to buyers with limited alternatives.
• Price It Right for the Competitive Outcome You Want: Homes moving in 18–21 days are priced correctly. Sellers chasing a number above market are the ones watching their listing age. Start where the market is and let competition do the rest.
• The Market Here Is Stable — Use That Confidence: While other parts of California are uncertain, Silver Creek and Evergreen are not. Listing now means entering a market that's active, predictable, and working in a seller's favor.

Final Thoughts

Silver Creek and Evergreen closed February 2026 with 52 combined sales across three zip codes — 15 in 95138, 18 in 95135, and 19 in 95148 — all with an average days on market of just 18 to 21. Inventory remains low, well-prepared homes are selling with multiple offers, and the strong school districts that define these neighborhoods continue to anchor demand. While other markets across California are showing volatility, these communities are doing what they always do: holding steady.

Whether you're thinking about buying or selling, the opportunity here is real — and it rewards preparation and clear strategy. Don't let outside noise cloud what the local numbers are telling you.

If you're considering making a move in Silver Creek or Evergreen, reach out to us at eddieoberoi.com. Let's have a quick chat — that's what we're here for. Have a great day!