A new report just released by Inman News details how home buyers ultimately find their new home. The results are not surprising:
Just with the two items above, a whopping 72% of all recent home buyers found their new home through their agent or through their online searches. Ninety percent of all recent buyers did utilize the internet to look at available homes and assist themselves in their home search process.
Agents often ask why I market so extensively online. I do so because I want my clients' homes to sell. I want those 90% of internet searches to see MY clients' homes.
Some agents ask why I also market to my colleagues. Again, I do so because I want my clients' homes to sell.
The report continues:
Don't want a For Sale Sign in your front yard? You may have potentially lost out on 12% of the potential buyers.
The photo postcard mailing I send to your neighbors helps us capture an additional 6% of potential buyers for your home.
We've now tackled 90% of the market of potential buyers for your home. Most buyers are now aware of your home.
Where do print ads come in to play? Only 2% of buyers located their new home through a print ad.
How about open houses? Not even listed on the report, as while many buyers do visit open houses, they do not typically locate their via these open houses.
So, as agents, where should we focus our time, money and efforts?
I focus my efforts on those 90% of buyers.
If you're selling your home, make sure all efforts are focused on these 90% of buyers. The odds of selling will be in your favor
Don Fabrizio-Garcia, REALTOR
Real Estate Broker & Appraiser
Nationwide Realty
203.746.1199
www.FabRealEstate.com
Ridgefield, Connecticut Real Estate Update
September, 2009
Closed home sales in Ridgefield, Connecticut:
There were 25 home sales closed in Ridgefield, CT.
The median closed sales price in Ridgefield was $65,000.
On average, these homes sold for 94.1% of their final list price.
Marketing time averaged 249 days on market.
NOTE: 24% of these sales were bank-owned foreclosure properties
This compares with 15 closed sales in September, 2008, with a median sales price of $710,000.

Currently available homes for sale in Ridgefield, Connecticut:
Currently, there are 240 homes for sale in Ridgefield, CT.
List Prices range from $229,900 for a small cottage in a lake community to $8,850,000 for a 16,000 square foot contemporary showpiece.
Ridgefield, Connecticut is a wonderful New England town bordering New York's Westchester County. It is popular with those commuting to lower Fairfield County, Westchester County and New York City.
This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale
Data compiled from the Greater Fairfield County MLS and believed to be accurate.
Ridgefield, Connecticut Real Estate Update
August, 2009
Closed home sales in Ridgefield, Connecticut:
There were 22 home sales closed in Ridgefield, CT.
The median closed sales price in Ridgefield was $647,250.
On average, these homes sold for 92.4% of their final list price.
Marketing time averaged 112 days on market.
This compares with 23 closed sales in August, 2008, with a median sales price of $690,000.

Currently available homes for sale in Ridgefield, Connecticut:
Currently, there are 240 homes for sale in Ridgefield, CT.
List Prices range from $229,900 for a small cottage in a lake community to $8,850,000 for a 16,000 square foot contemporary showpiece.
Ridgefield, Connecticut is a wonderful New England town bordering New York's Westchester County. It is popular with those commuting to lower Fairfield County, Westchester County and New York City.
This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale
Data compiled from the Greater Fairfield County MLS and believed to be accurate.
Bethel, Connecticut Real Estate Update
September, 2009
Closed home sales in Bethel, Connecticut:
There were 13 home sales closed in Bethel, CT.
The median closed sales price in Bethel was $359,000.
On average, these homes sold for 97.3% of their final list price.
Marketing time averaged 133 days on market.
This compares with 9 closed sale in September, 2008, with a median sales price of $435,000.

Currently available homes for sale in Bethel, Connecticut:
Currently, there are 97 homes for sale in Bethel, CT.
List Prices range from $180,000 for a two-bedroom ranch being sold as a short sale to $1,099,000 for a large colonial on over 5 acres.
Bethel, Connecticut is a quaint New England town with a wonderful pedestrian-friendly downtown area with plenty of shops. Bethel borders Danbury to the west, Brookfield to the north and Redding to the south.
This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale
Data compiled from the Greater Fairfield County MLS and believed to be accurate.
Bethel, Connecticut Real Estate Update
August, 2009
Closed home sales in Bethel, Connecticut:
There were 16 home sales closed in Bethel, CT.
The median closed sales price in Bethel was $310,250.
On average, these homes sold for 96% of their final list price.
Marketing time averaged 83 days on market.
NOTE: 31% of this month's sales were bank-owned foreclosure properties. This helps account for the low average days on market.
This compares with 20 closed sale in August, 2008, with a median sales price of $410,000.

Currently available homes for sale in Bethel, Connecticut:
Currently, there are 97 homes for sale in Bethel, CT.
List Prices range from $180,000 for a two-bedroom ranch being sold as a short sale to $1,099,000 for a large colonial on over 5 acres.
Bethel, Connecticut is a quaint New England town with a wonderful pedestrian-friendly downtown area with plenty of shops. Bethel borders Danbury to the west, Brookfield to the north and Redding to the south.
This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale
Data compiled from the Greater Fairfield County MLS and believed to be accurate.
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