Brady and Son Realty

A Real Estate Team from Keller Williams Silicon City

Fulfilling Dreams, one Home at a Time.

Whether you are selling, buying, or investing, our goal is to meet your Real Estate needs so well that you recommend us to your family and friends.

2221 Oakland Road #268, San Jose, CA 95131

Phone: 408-868-8052

Map showing the Evergreen area of San Jose, MLS Area 3

Things to Do in and around Evergreen

GOLF:

Boating:

  • Lake Cunningham Native Garden – 2305 S White Rd, San Jose

Other:

Hiking:

Parks and Rec:

Montgomery Hill Park

Cycling

 

UNDER CONSTRUCTION

Mountain Biking

UNDER CONSTRUCITON

Theater, Concerts, and Museums

Area Theater and Concert Venues and Organizations:

Area Galleries and Museums:

Dining and Shopping in and around Evergreen

Places to Eat:

  • Caspian Village – Mediterranean – 2881 The Villages Pkwy, San Jose
  • Evergreen Inn and Pub – 3273 S White Rd, San Jose
  • Village Grill – 4075 Evergreen Village Square #120

Places to Shop:

  • Eastridge Shopping Center – Tully Rd, San Jose
  • Evergreen Plaza – 3212 S White Rd
  • Canyon Creek Plaza shopping center – 5645 Silver Creek Valley Rd, San Jose
  • Silver Creek Plaza – E Capitol Expy & Aborn Road, San Jose

Education Opportunities

Higher Education

Evergreen Real Estate Market

MLS-3 Evergreen Real Estate Price Trends
Evergreen Real Estate Trends: Average Sales Price and Average Sales to List Price Ratio by Month

The graph above shows average sales price and sales price to list price ratio for sales across the Evergreen area of San Jose over the past 12 months. Average sales prices tumbled sharply in Evergreen in the Fall, despite a brief resurgence in December, bottomed out in January. After that, buyers scooping up bargains, relative to 2019 and 2018 peaks, drove prices back up. Despite COVID-19 SIP restrictions, price growth remains strong and indicates a good summer selling season is already underway.

MLS-3 Evergreen Sales by Price Range
Homes sales in the Evergreen area of San Jose by price range over the past 12 months

The histogram above breaks down Evergreen area sales over the past 12 months by price range. Here we see that almost half of the homes in Evergreen sold for under $1,100,000. 

MLS-3 Evergreen Average days on market by price range
Real Estate: 6-month Average: Days to Sell versus Price Range

The second rule of real estate after Location: Timing. Buyers and Sellers need to understand the time trends in the market. 

Sellers need to be aware of how long it might take to sell their home. Many variables affect this time, not the least of which is list price. 

For the buyers, it is important to understand how fast you have to move – not just in responding to a home you like, but in how frequently you need to check the market and how quickly you need to make arrangements to view the home. 

This histogram breaks down average days to sell by price range. Here we see that for most price ranges, Evergreen homes sold in an average two to five weeks compared to four to five weeks a year ago.

Understanding Price is imperative both form the Seller’s and Buyer’s perspectives.

For the seller, pricing too high can be disastrous. Buyers will focus their attention on lower-priced listings first. So can pricing so low that buyers wonder what is wrong with the property.

Much the current Silicon Valley Market is deliberately priced low to spark interest, often resulting in multiple offers driving the price up as evidenced by the ratios over 100%. However, the high-end properties, the ones that sit on the market a long time in the graph above, those often sell for less than list, sometimes when the sellers give up on waiting for their desired price.

This histogram breaks down average sales price to list price ration by price range. Here we see that most price ranges sell at or above list, with demand driving prices in the $1,100,000 to $1,200,000 price up nearly 6% above list.

MLS-3 Evergreen Average Sales to List Price Ratio by Price Range
Real Estate:6-month Average Sale Price to List Price Ratio by Price Range

Help me with Evergreen Real Estate

The accuracy of the information displayed in this site is not guaranteed. The user is advised to conduct their own investigations to validate any information on which purchase or sale decisions are made. Data from the Multiple Listings Service subject to applicable limits on accuracy and content.

Original content ©2018, 2019, 2020 Brady and Son Realty Team @ KW Silicon City . Referenced images and data subject to originator copyrights.