If you’re wondering “should I sell my house now or wait,” it’s important to understand the financial impact of holding onto your property longer than necessary. While some homeowners hope the market will improve, the reality is that every month you delay can quietly chip away at your equity.
Holding Costs Add Up Fast
The primary culprit is something called holding costs. These are the monthly expenses you continue to pay while the home sits unsold. According to Bankrate, this includes your mortgage, property taxes, insurance, utilities, maintenance, and even HOA fees. These costs often total $700 to $2,000 or more per month, depending on the property and location. If you wait just six months, that could mean a loss of $4,200 to $12,000 in holding costs alone.
Market Shifts Can Shrink Your Sale Price
In addition to ongoing expenses, the housing market doesn’t always trend upward. CoreLogic has shown that home values can dip during economic slowdowns, which means your property might sell for less the longer you wait. A 2% to 5% drop in value on a $300,000 home can reduce your sale price by $6,000 to $15,000—money that could have been in your pocket had you sold sooner.
Calculate Your Own Cost of Waiting
To understand how this affects you specifically, use our Cost of Waiting to Sell Calculator below. Just enter your monthly expenses, home value, and how long you plan to wait. The tool will show you how much you’re losing in real dollars from both holding costs and market changes. Many homeowners are surprised to learn they’re losing $3,000 to $10,000 or more just by waiting a few extra months to sell.
Why a Fast Sale to Easy Home Sale Could Be Smarter
Rather than continue absorbing these costs and risking a price dip, selling quickly to a cash buyer can give you the financial freedom you’re looking for. Easy Home Sale helps homeowners like you skip the stress of listings, showings, and delays. We buy houses in any condition, and we can close in as little as seven days. There are no agent fees, no repairs, and no surprises. If you’re ready to stop paying for a house you’re no longer using or just want to sell before prices shift, we’re here to make it easy.
Contact us for a fast, fair cash offer. Easy Home Sale can help you move on with money in your hands, not left behind in holding costs.
