Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Gretchen Pines, West End
October 24, 2026
(910) 395‑1000 · buddyblake.com
Gretchen Pines: 1 in 10 listings didn't sell, down from 19%
In Gretchen Pines in West End, 1 in 10 listings didn't sell over the last 12 months, down from 19% the year before. Of 41 listings that ended, 37 sold, and the median sold price was $393,990. Most homes sold below their first asking price, so pricing decisions matter here.
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 Gretchen Pines, West End 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 39 days. Needed price cuts: 188 days, and sold for 92.9% of the first price.
What waiting costs
| Property taxes | $97 |
| Homeowners insurance | $250 |
| Upkeep | $328 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $928 + mortgage |
About $928 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 266 days — roughly $8,116 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
10%
4 of about 40 before closing
Those homes that later sold
100%
0% never sold
Sold vs. first ask after a fall-through
96.5%
vs. 97.8% on the first contract
Days to sell after a fall-through
78
vs. 70 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 33% · cash 6% · VA 39% · FHA 17%.
If you're selling
- Price it right from day one. Homes priced right the first time sold in a median 40 days across 24 listings.
- Homes that needed price cuts took a median 188 days across 13 listings and sold at 92.9% of first asking.
- Waiting costs money. Listings that never sold sat a median 266 days. Estimated carrying costs run about $928 a month before mortgage.
- Contracts fell apart on 1 in 10 listings. The MLS doesn't record why. In general industry experience, that's most often inspection, appraisal or financing issues, so get ready for those early. Homes that fell through later sold 100% of the time, at a median 96.5% of asking.
If you're buying
- There's room to negotiate. 70% of sales closed below the first asking price.
- Some homes sit. 4 listings didn't sell, and listings that never sold sat a median 266 days.
- Here's how buyers are paying: VA 41%, conventional 32%, FHA 16%, cash 5%.
Did you know?
- Of 41 listings that ended in the last 12 months, 37 sold.
- The median sold price in Gretchen Pines was $393,990.
- Listings that never sold sat a median 266 days on the market.
Get the Gretchen Pines, West End report every month
The same numbers, updated monthly, straight to your inbox. No spam, one click to stop.
For sellers
Listings that didn't sell
10%
down 7.9 pts from a year ago
4 expired or canceled vs 36 sold
Sold vs. first asking price
97.8%
up 5.6 pts from a year ago
median sale price ÷ original list price
Sold below first asking
69%
share of homes that sold
Price cut on homes that didn't sell
0.0%
median — and they still didn't sell
For buyers
True days on market
70
down 150 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.2%
how far under the original price homes sold
Didn't sell, then sold on a relist
25%
of listings that didn't sell the first time
Median sold price
$392K
up 7.4% from a year ago
36 homes sold
The last 22 months
13% latest month · Sep 26
61 latest month · Sep 26
99.7% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| $300–400K | 14 | 0 | 0% | 68 | 97.7% |
| $400–500K | 20 | 3 | 13% | 93 | 97.8% |
| $500–750K | 2 | 1 | 33% | 48 | 101.9% |
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