Silver Creek & Evergreen, San Jose Market Update - May 2025

Current Market Overview

Here's a snapshot of the current market conditions:

• Active Listings: 117 total active listings, with 68 being single-family homes.
• Pending Sales: 37 pending sales, including 26 single-family homes.
• Recent Sales: In the past 30 days, 17 homes have sold, with 9 of those being single-family homes.
• Average Pricing: Homes in Silver Creek are commanding an average price of around 3.2million **,whileEvergreenhomeshoveraround** 1.4 million.</small >
• Days on Market: Homes in Evergreen are selling in about 19 days, indicating strong buyer activity

Advice for Buyers

• Be Selective: With inventory building up, buyers should take their time and shop selectively. Quality homes are still moving, but it's essential to find the right fit for your needs.
• Market Conditions: Understand that not every home is selling overnight, which gives you room to negotiate. This is a great time to explore options.

Advice for Sellers

• Price Right: Pricing your home correctly is crucial in this market. A well-priced and well-presented home will attract buyers more effectively
• Stay Informed: Keep an eye on market trends and be prepared to adjust your strategy based on buyer activity and feedback.

Key Developments

• New Construction: There's a proposed 77-home subdivision off Silver Creek Road, along with a major industrial warehouse project planned nearby. These developments could boost jobs and long-term housing demand in the area.
• Attracting Families: Evergreen is seeing growth in new construction, particularly near the foothills, appealing to families looking for newer homes with excellent schools and open spaces.

Conclusion

The Silver Creek and Evergreen real estate market remains healthy, with active listings and strong buyer interest. Whether you're looking to buy or sell, staying informed and strategic will be key to navigating this dynamic market. If you have any questions about your home or your plans, feel free to reach out—we're here to help!