If you've been watching the news lately, you've probably heard that inflation is moving in the wrong direction again. While that may sound concerning, it's important to understand what it actually
Will My House Still Sell in Today’s Market??
Dated: September 18 2022
Views: 56
Will My House Still Sell in Today’s Market?
If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.
Buyer Demand Then and Now
During the pandemic, mortgage rates hit record lows, and that spurred a significant rise in buyer demand. This year, as rates increased due to factors like rising inflation, buyer demand pulled back or softened as a result. The latest data from ShowingTime confirms this trend (see graph below):
The orange bars in the graph above represent the last few months of data and the clear cooldown in the volume of home showings the market has seen since mortgage rates started to rise. But context is important. To get the full picture of where today's demand stands, let's look at the July data for the past six years (see graph below):
This second visual makes it clear that, while moderating compared to the frenzy in 2020 and 2021, showing activity is still beating pre-pandemic levels – and those pre-pandemic years were great years for the housing market. That goes to show there’s still demand if you sell your house today.
What That Means for You When You Sell
The key to selling in a changing market is understanding where the housing market is now. It’s not the same market we had last year or even earlier this year, but that doesn’t mean the opportunity to sell has passed.
While things have cooled a bit, it’s still a sellers’ market. If you work with a trusted local expert to price your house at the current market value, the demand is still there, and it should sell quickly. According to a recent survey from realtor.com, 92% of homeowners who sold in August reported being satisfied with the outcome of their sale.
Bottom Line
Buyer demand hasn’t disappeared, it’s just moderated this year. If you’re ready to sell your house today, let’s connect so you have expert insights on how the market has shifted and how to plan accordingly for your sale.
Dana M Varricchio
As a lifelong resident of Long Island’s South Shore, Dana possesses an intimate knowledge of the area’s charm and diversity. With over 22 years of real estate expertise, she pairs her deep....
Latest Blog Posts
The Mid-Year Housing Market Update: Why Forecasts Changed in 2026If the Long Island housing market feels a little confusing right now, you're not imagining it.Many buyers entered 2026 expecting
Less House, More Home: Why Smaller Homes Are Paying Off for Today’s BuyersLess House, More Home: Why Smaller Homes Are Paying Off for Long Island BuyersIf you've been searching for a home on
You may be telling yourself you're going to wait to move. Maybe you're hoping mortgage rates will come down, prices will soften, or the market will feel a little less competitive.A lot of people
OneKey® MLS required Copyright, Source of Data and Disclaimer for IDX display
Information Copyright 2026, OneKey® MLS. All Rights Reserved.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers' personal, non-commercial use.
The data relating to real estate for sale on this website comes in part from the
