For the week of May 25, 2015, in the 95121 zip code, single family homes, in the Evergreen community of San Jose, Ca, we see the median price holding at roughly $711, 844 with an average days on market being 26, which is a strong downward trend from weeks past in this.
Inventory is still low which will continue to put pressure on market value. Good news for homeowners and homesellers, not so much for buyers in this market.
Over the the 95135 portion of San Jose in the Evergreen Real Estate community, the median list price is holding around $1.150M and the average days on market is also trending down at 31 days. This area may have plateaued and homeowners thinking about selling their Evergreen Real Estate home will maximize their proceeds in this market.
95138, in San Jose’s Evergreen Real Estate Market is known as the “high-end and luxurious” Silver Creek Valley. The median list price here sits at $1.832M.
Unlike the rest of the zip codes in Evergreen, this area has a higher days on market of 56 and looks to be trending up strongly.
I am seeing this market to be slowing down but because of its price point, in general, it will have its own unique market trend compared to the rest of Evergreen.
This part of Evergreen, the 95148 zip code, is near and dear to my heart as it is the neighborhood I grew up and currently live in San Jose. Median list price here closely resembles the median list price to San Jose at $832,000. Trends here show upward movement which is good news for homeowners and potential homesellers. Days on market is at 53 days and is trending down.
San Jose’s single family real estate market median list price is holding steady at $836,000. Strongly trending down is average days on market at 39 days. San Jose in general is in a fairly strong seller’s real estate market.