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

Market Statistics

• Zip Codes Covered: 95135, 95138, 95148
• Active Listings: 62
• Homes Pending: 27
• Homes Sold in January 2026: 18
• Homes Sold in January 2025: 31 (lower volume, but buyers haven't disappeared)

Quieter on Paper, Active in Person

Buyers Are Picky, Not Passive

Yes, January's sales volume came in lower than last year — 18 closings compared to 31. But that doesn't mean buyers have disappeared. Inventory has been tight, and buyers in Evergreen and Silver Creek are being selective, not sitting on the sidelines. Open house traffic has been strong, especially for single-family homes. The interest is there — closings just tend to follow a bit later in these lifestyle-driven neighborhoods where buyers are patient until the right house shows up.

What's Driving the Evergreen & Silver Creek Market?

Key Market Insights

• Engagement Is Stronger Than Sales Suggest: While January closings were lower year-over-year, open house traffic and buyer activity in person tell a much more active story.
• Lifestyle-Driven Buyers: People move to Evergreen and Silver Creek for the schools, neighborhoods, and long-term feel — not to make a quick move. That means buyers are patient and deliberate.
• When It Checks All the Boxes, They Move: Layout, location, feel — when a home hits all the right notes, these buyers are decisive. They're picky, not passive.
• Holiday Listings Getting Fresh Attention: Homes that sat towards the end of last year are getting renewed interest. Buyers are going back, relooking, and reassessing — it's not just about new listings anymore.
• Spring Will Set the Pace: These neighborhoods typically wake up in spring. As we head into the busier months, activity is expected to find its groove.

Strategic Advice for Buyers and Sellers

For Buyers:

• Patience Pays Off Here: Evergreen and Silver Creek reward thoughtful buyers. Take the time to find the right fit — but be ready to act when you do.
• Revisit Older Listings: Some of the best opportunities right now are homes that sat late last year and are now getting fresh attention. Don't limit your search to just new inventory.
• Single-Family Open Houses Are Worth Attending: Traffic is strong at single-family open houses for a reason. Get out there, see what's available, and stay ahead of the competition.
• Preparation Wins: When the right home checks all the boxes, you need to be ready to move. Have financing in order and your criteria clear.

For Sellers:

• The Buyers Are Out There: Don't let the lower January sales count fool you. Open house traffic is strong and engagement is real — especially for well-presented single-family homes.
• Presentation and Pricing Are Everything: Buyers here are selective and detail-oriented. Your home needs to feel right — layout, condition, and pricing all need to align from day one.
• Spring Timing Works in Your Favor: These neighborhoods historically pick up in spring. Listing strategically as the market wakes up positions you to capture building momentum.
• No Panic — Just Preparation: This market rewards patience and strategy on both sides. A well-prepared listing in Evergreen or Silver Creek will find its buyer.

Final Thoughts

Evergreen and Silver Creek's January numbers may look quieter on paper, but the on-the-ground reality tells a different story. Open house traffic is strong, single-family homes are drawing real attention, and even older listings are getting a second look from buyers who are reassessing their options.

This has always been a lifestyle-driven market — buyers here are thoughtful, patient, and deliberate. But when the right home checks all the boxes, they move. As spring approaches and these neighborhoods find their seasonal groove, we expect activity to pick up even further.

If you're thinking about making a move, or if you just want to chat about what the market is doing, reach out to us at eddieoberoi.com. We'll see you soon!