Cost of Waiting
When you're reaching for a list price the market won't pay, every month on the market costs you mortgage interest, taxes, utilities, and insurance. This is the dollar number behind that wait.
Monthly burn$2,620
Cost over 3 months$7,860
Every month your home sits unsold costs you $2,620. Over 3 months that's $7,860 out the door — money the seller usually never gets back, even when the house finally sells.