Archive for the ‘Uncategorized’ category

Best places to invest in San Francisco Bay Area

July 20th, 2013

Read a new post for investors by Artur and Ilya

Cupertino and Sunnyvale New Listings

March 23rd, 2013

New listings in Sunnyvale and Cupertino over a 3 year period.

The cyclical seasonal trend tells us that between April and June each year many new listings are listed by sellers.
Comparing 2010 with 2011 and 2012, the annual number of new listings added to the market has been decreasing overall.

Comparing January and February in three years: 2011, 2012 and 2013 the number of new single family detached homes listed in Sunnyvale and Cupertino in those two months combined has been 186, 156 and 110 respectively. This amounts to a 30% decrease in new listings from last year.

Based on the data so far in March 2013, we are seeing an improvement in the inventory’s trend particularly in Sunnyvale.
One could speculate that we will see a lot of new listings to choose from by the middle of April.
This would be great news for buyers who are tired of the limited choices when looking for the right property for over one year in this market with limited inventory.

Cupertino and Sunnyvale Current Market Trends

March 23rd, 2013

This chart demonstrates “sell/ask” ratio trend for single family detached homes in Sunnyvale and Cupertino.

The sell/ask ratio is calculated by dividing the price of a sold home by its listing price immediately before the sale and multiplying the result by 100 to get the percentage. The average sell/ask ratio is derived by dividing the sum total of all selling prices in a month by the sum total of all listing prices in that month.

An average sell/ask ratio of 100% indicates that overall listings sell for the asking price. When the ratio is above 100% it often means that demand exceeds supply in a market, that there are multiple buyers submitting offers for most properties, and that buyers are paying on average more than listing prices.

As the chart above demonstrates, in Cupertino and Sunnyvale homes are bought for above asking (listing) prices since last spring (March 2012) after at least two years of buying homes at asking prices. Last month in Sunnyvale the sell/ask ratio had exceeded 110%!


Top 5 Neighborhoods and Streets in Pebble Beach, CA

March 12th, 2013



Pebble beach is often recognized for its world class golf course and its stunning ocean vistas. Hidden between the old grown trees there are communities that have popped up taking advantage of the gorgeous location, and climate of the area. The following chart will display top 5 Neighborhoods in Pebble Beach, CA by real estate listings. Click the link on specific neighborhoods for more detailed information about the listing.

Neighborhood Number of Listings
Central Pebble Beach 34
Country Club West 12
Lodge 10
Country Club East 10
Upper Forest / Ocean Pines 5


The Real Estate Engine! also allows you to search street by street for even more in depth information about areas you may be interested in. The following is a list of the top 5 streets in Pebble Beach, CA by real estate listing. Click any of the links to be directed to that streets community page on

17 Mile Drive
Flavin Lane
Riata Road
Padre Lane
Sloat Road

What “Sell/Ask Ratio” currently is in Hillsborough and Burlingame?

March 3rd, 2013

Prices are rising, multiple offers are pushing sale prices above asking. This season we should see a spike in the average monthly Sell/Ask ratio for single family homes reaching record levels since 2007. In February 2013 the average Sell/Ask ratio was 101.55% on all detached homes that were sold in Burlingame and Hillsborough.

For more information about properties for sale in Hillsborough and Burlingame please visit our site:
See just-listed homes in Hillsborough
See just-listed homes in Burlingame

Call your agent to find out more about Sell/Ask.
More about Hillsborough and Burlingame

Bay Area Housing Market Update February 5

February 5th, 2013

The New Year has already brought significant momentum into the Bay Area Housing Market. We reported on inventory status’ in the local markets in our previous Bay Area Housing Market Update article.

February metrics so far affirm some trends we had previously predicted. As expected, inventories of homes for sale has begun to grow in San Mateo and Santa Clara Counties.

In San Mateo County the count of single family home and condo listings for sale has increase from 370 one month ago today.

A 21% increase in inventory.

Similarly in Santa Clara County the count of single family home and condo listings for sale has increased from 652 one month ago to 801 today, which is approximately a 23% increase in inventory.



In September 2012 Ilya Dorfman predicted the following trend in Santa Clara and San Mateo Counties, which was posted on (

“From January of 2010 through the second week of August there were 9,485 closed transactions in Santa Clara and San Mateo Counties. There were 9,364 for the same period in 2011, virtually no change from the previous year. This year there were 10,126 in the same period, more than 8% increase. If this trend continues we can expect roughly 16,350 transactions closed in both counties by the end of this year, 1,230 total transactions more than last year.”

Now that 2012 has closed we see that his prediction was pretty much spot on!

A total of 16,376 residential transactions have closed in 2012, which is a 1,262 increase over the previous year.

Top 5 Neighborhoods in San Mateo, CA

January 21st, 2013

To complement our last post on the top neighborhoods in San Jose the team would like to present the Top 5 Neighborhoods in San Mateo, CA. Similar to before, the chart below will show the top5 neighborhoods in San Mateo by listing count. Keep scrolling down for a brief description of each neighborhood.


Neighborhood Number of Listings
Eastern Addition/Downtown Area 20
Hayward Park 9
San Mateo Park/El Cerrito Park 5
Baywood/Parrott Park 4
Bowie Estate 4


Eastern Addition / Downtown Area

The downtown San Mateo area is an elegant mix of the old and the new. It features galleries, restaurants, festivals and retail shopping, while retaining the classic Spanish architecture that is a mainstay throughout California. There is a sprawling farmers market that draws people from all around the bay area every Sunday.

Hayward Park

The Hayward park neighborhood is best known in San Mateo for its tree lined residential district. Residents of Hayward Park also enjoy being a mere walking distance from the vibrant activities offered in the Downtown San Mateo Area. Hayward Park is also a location of many of the Bay Area’s classic vintage properties. With some homes dating back as far as 1902.

San Mateo Park / El Cerrito Park

San Mateo Park is commonly retailed for its amazing beauty and community unity. The neighborhood is not laid out in a traditional grid style, rather as a series of curving roads often featuring large beautifully landscaped islands instead of four way stops. It is considered one of the premier neighborhoods in San Mateo with homes that offer both luxury and privacy.

Baywood / Parrott Park

The Baywood / Parrot Park area offers several amenities to the discerning buyer. It is home to the acclaimed Baywood Elementary School, nearby to the state of the art San Mateo Library, and offers homes from several different architecture styles.

Bowie Estate

Bowie Estate is one of the largest residential districts within San Mateo. It is a short distance from Downtown San Mateo offering residents easy access to nightlife and shopping. Several homes in Bowie Estate date back to the 1920s and 40s offering a vintage feel to the community.

Top 5 Neighborhoods in San Jose, CA

January 14th, 2013

At one of our goals is to provide Real Estate information on a local level.  The following chart depicts the current top 5 Neighborhoods in San Jose, CA by listing count as well as a brief description of the area.



Neighborhood Number of Listings
Central San Jose 68
Evergreen 66
Alum Rock 51
Almaden Valley 46
Berryessa 43


Central San Jose

Central San Jose is one of the centers of both business and education in the South Bay Area. The region boasts both the bustling downtown San Jose business district and the founding campus of the California State University System, San Jose State University. Notable locations include the Tech Museum of Innovation, the nationally renowned Martin Luther King Public Library, and St. James Park.


Evergreen is primarily a suburban area which resides in the southeastern section of San Jose. Evergreen is home to both the upscale Silver Creek Country Club, and Evergreen Community College. Evergreen also hosts a large year-round farmers market.

Alum Rock

Alum Rock is perhaps most famous for “Alum Rock Park,” which boarders the neighborhood to the east. The park is a destination for bikers, runners, horseback riding, and a variety of other outdoors activities. Alum Rock is also a Valley Transit Authority (VTA) hub which allows it public transportation access to the greater bay area.

Almaden Valley

Almaden Valley was originally a gold rush town, coveted for its vast quicksilver mines, like most the south Bay Area it has transitioned to become a leader in high tech development. The old quicksilver mines have been transitioned into a County Park and is currently one of the largest urban parks in the state.


Berryessa resides in the northeastern section of San Jose, sometimes referred to as the North Valley Berryessa represents the northern suburban development of San Jose. Berryessa is known for its annual Art & Wine festival which regularly features over 100 artists and various food booths in the Noble Park section of the neighborhood.

LocalVector Real Estate Engine Search Features

January 10th, 2013

The LocalVector Real Estate Engine was designed with the intent to provide you the insight you need to make informed Real Estate decisions.

There are several different filters you can use to refine your Real Estate search one of the most powerful filters is the sorting tool featured on the homepage. Real Estate Engine allows you to organize results by price, distance, living area and lot size.


This sorting tool, located right above your search results on, can be used to organize your results by listing date, price, distance from a central location, living space, and lot size.

Using this tool, along with the general search functions in the blue search bar, allows you to not only refine your search with great detail, but organize your results to ensure you have the most efficient possible access to the Real Estate information you need.

Low Inventory on Bay Area Housing

January 3rd, 2013

The LocalVector Team would like to wish you a happy new year. We look forward to becoming your go-to online Real Estate resource in 2013!

Low Inventory on Bay Area Housing

For the past few weeks, LocalVector has been tracking a trend of diminishing inventory within the Bay Area housing market. You can see earlier references to this trend in our December 24th blog post here.

It seems this trend has continued into the new year. As of January 3rd we have observed further decline in residential inventory. Currently there are only 1986 residential properties listed on the open market. Compared to the 2246 that were listed December 23, 2012.


How Low Inventory Effects the Market

There are a myriad of different factors that can influence the Real Estate Market. Seasonal trends, cyclical trends, and economic ebbs and flows all can have an effect on the behavior of a market at a given time. The Sell Page discusses these trends in detail.

However one factor that is always affecting the market is supply and demand. As supply lowers and demand remains constant, we expect to observe an increase in prices due to low availability.

Due to the seasonality of the Bay Area Real Estate market we can expect new inventory be introduced to the market as we start approaching spring.


Current Bay Area Real Estate Market Inventory by County

County Active Listings December Active Listings January
Santa Clara County 751 652
San Mateo County 457 370
Monterey County 608 565
Santa Cruz County 430 402


If you have any questions about the current state of the Bay Area Housing market, and how it might affect your real estate search feel free to contact us directly at