The Evergreen area of San Jose
San Jose’s Evergreen district has had some ups and downs this year, but overall it’s in a mild sellers market and possibly balanced in some sectors. This article will examine the data from sales and active listings in this residential real estate market with live charts and monthly updates. Here are a few points from the latest Evergreen housing market update, provided in more detail below:
- Inventory slipped below the month before in the single family housing (SFH) market with 32 single family homes listed at the end of September. Condo and townhome inventory grew a hair month-to-month, up to 56 active listings. Compared to last year, both markets inventory is up.
- Closed sales rose above last month, but fell short of last year for SFH, and pending sales fell short across both timeframes. Closed sales in the condo and townhome market were down month-over-month and year-over-year. Pending sales, on the other hand, fell month-to-month, but were up year-over-year in the condo and townhome market.
- The sales to list price ratio plummetted to 98.4% for single family homes, while the condo and townhome market sank to 96.9% of asking. Year-over-year, both markets are down significantly.
- Time on market slowed in both sectors.
The Evergreen area of San Jose includes many newer homes and communities. It is a desirable Silicon Valley district as Evergreen is scenic and most of the area enjoys highly regarded schools, particularly at the elementary and middle school levels.
Evergreen Real Estate Market Report: Single Family Homes
The RE Report considers all of the Evergreen district together. Please find the full report on my Real Estate Report for the Evergreen area of San Jose. Further down, you’ll see live charts with more zip code specific details.
The data shows a moderate sellers market with some up and down this summer.
Trends at a Glance
| Trends At a Glance | Sep 2026 | Previous Month | Year-over-Year |
|---|---|---|---|
| Median Price | $1,850,000 (+0.8%) | $1,835,000 | $1,650,000 (+12.1%) |
| Average Price | $2,147,000 (+4.0%) | $2,064,360 | $2,019,560 (+6.3%) |
| No. of Sales | 33 (+50.0%) | 22 | 39 (-15.4%) |
| Pending | 17 (-32.0%) | 25 | 22 (-22.7%) |
| Active | 32 (-13.5%) | 37 | 28 (+14.3%) |
| Sale vs. List Price | 98.4% (-3.0%) | 101.3% | 101.3% (-2.9%) |
| Days on Market | 42 (+96.3%) | 22 | 29 (+48.0%) |
| Days of Inventory | 28 (-44.3%) | 50 | 21 (+35.1%) |
Altos Research: Evergreen real estate market for single family homes or houses by zip code
95148
More data and analysis below the cut.
