Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Collinswood, Aberdeen
October 24, 2026
(910) 395‑1000 · buddyblake.com
Collinswood: 98% of sold homes went below first ask
In the Collinswood neighborhood in Aberdeen, 98% of sold homes went for less than the first asking price over the last 12 months. Only 1 in 42 listings ended without a sale, and the typical home took 89 days to sell at a median price of $353,990.
Summary written October 19, 2026 from that day's numbers. The figures in the tiles update every hour, so they can differ slightly.
Which pile do you want to be in?
Out of every 20 homes listed in Collinswood, Aberdeen over the last 12 months, the solid houses sold. The outlined ones expired or were canceled.
Priced right from day one: sold in a median 45 days. Needed price cuts: 113 days, and sold for 92.4% of the first price.
What waiting costs
| Property taxes | $87 |
| Homeowners insurance | $250 |
| Upkeep | $295 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $879 + mortgage |
About $879 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 91 days — roughly $2,631 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Moore County rate 0.295 per $100 (NC Department of Revenue, 2025-26 county rates); town taxes add more inside town limits; insurance, upkeep (1% of value a year) and utilities are typical estimates.
When contracts fall apart
Contracts that fell apart
7%
3 of about 45 before closing
Those homes that later sold
100%
0% never sold
Sold vs. first ask after a fall-through
96.4%
vs. 93.9% on the first contract
Days to sell after a fall-through
66
vs. 89 on the first contract
The MLS doesn't record why a contract ends. In our experience the most common reasons are home inspection findings, appraisals that come in below the price, and buyer financing. How buyers paid on closed sales: conventional 19% · cash 2% · VA 67% · FHA 12%.
If you're selling
- Price it right from day one. Homes priced right at the start had a typical 44 days to sell. Homes that needed cuts took a typical 113 days.
- Expect to come down if you have to. Homes that needed cuts still sold, typically at 92.4% of ask.
- Get ready for inspection, appraisal and financing issues. Those are the most common reasons contracts fall apart, based on general industry experience.
- Waiting costs money. Estimated carrying costs for a typical home are about $2,631 while unsold, before mortgage.
If you're buying
- There is room to negotiate. The typical sold home went for 93.9% of its first ask, and 98% of sold homes went below first ask.
- Homes that sit are the ones to watch. Listings that never sold had a typical 91 days on market and a median price cut of 2.3%.
- Here is how others are paying. 66% of buyers used VA financing, 20% conventional, 12% FHA and 2% cash.
Did you know?
- The didn't-sell rate is 2% this year, up from 0% the year before.
- About 1 in 21 contracts fell apart. Every one of those homes later sold, typically at 92.8% of ask.
- The typical sold price was $353,990, and the estimated carrying cost for a typical home is $879 a month before mortgage.
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For sellers
Listings that didn't sell
2%
up 2.3 pts from a year ago
1 expired or canceled vs 42 sold
Sold vs. first asking price
93.9%
down 2.8 pts from a year ago
median sale price ÷ original list price
Sold below first asking
98%
share of homes that sold
Price cut on homes that didn't sell
2.3%
median — and they still didn't sell
For buyers
True days on market
86
down 81 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
6.1%
how far under the original price homes sold
Didn't sell, then sold on a relist
0%
of listings that didn't sell the first time
Median sold price
$353K
down 9.3% from a year ago
42 homes sold
The last 24 months
0% latest month · Sep 26
103 latest month · Sep 26
93.9% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| $300–400K | 33 | 0 | 0% | 72 | 94.5% |
| $400–500K | 9 | 1 | 10% | 126 | 92.6% |
Homes only (land excluded), last 12 months unless noted. "Didn't sell" = listings that expired or were canceled — withdrawn and on-hold listings are not counted (some owners stop for reasons that have nothing to do with the market); true days on market counts from the first listing, even when a home was relisted. Source: Hive MLS listing and sales records, updated October 24, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000