Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Pine Valley Estates, Wilmington
October 19, 2026
(910) 395‑1000 · buddyblake.com
In Pine Valley Estates, 1 in 3 listings ended without selling
Over the last 12 months, 16 of 46 homes in the Pine Valley Estates neighborhood in Wilmington didn't sell. That's 35%, up from 22% the year before. The homes that did sell had a median sold price of $481,500 and a typical 25 days to sell.
Summary written October 14, 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 Pine Valley Estates, Wilmington over the last 12 months, the solid houses sold. The outlined ones expired, were withdrawn or were canceled.
Priced right from day one: sold in a median 11 days. Needed price cuts: 66 days, and sold for 94.4% of the first price.
What waiting costs
| Property taxes | $123 |
| Homeowners insurance | $250 |
| Upkeep | $401 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,023 + mortgage |
About $1,023 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 53 days — roughly $1,774 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: New Hanover County rate 0.306 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
23%
9 of about 39 before closing
Those homes that later sold
22%
78% never sold
Sold vs. first ask after a fall-through
93.2%
vs. 97.3% on the first contract
Days to sell after a fall-through
114
vs. 17 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 77% · cash 13% · VA 10% · FHA 0%.
If you're selling
- Price it right from day one. The 17 homes priced right sold in a typical 11 days. The 13 that needed price cuts took a typical 66 days and sold at 94.4% of asking.
- Small cuts after a long wait don't fix it. Listings that never sold had a median cut of just 1.7% and sat a typical 53 days before ending.
- Waiting costs money. On a typical home at $481,500, estimated carrying costs run about $1,023 a month before the mortgage, and about $1,774 while a listing goes unsold.
- Contracts fall apart here too: 23%, about 1 in 4. The MLS doesn't record why, but in general experience it's most often inspection, appraisal or financing issues. Get ahead of those before you list. Fix what an inspector will flag and have your paperwork ready.
If you're buying
- There's room to negotiate. 77% of homes sold below the first asking price, and the typical sale came in at 97.3% of first ask.
- Homes that sit give you leverage. Listings that never sold sat a typical 53 days, and homes that needed cuts sold at 94.4% of asking.
- Cash isn't the only way in. 77% of buyers used conventional loans, 13% paid cash, and 10% used VA.
Did you know?
- Did you know? The share of Pine Valley Estates listings that didn't sell went from 22% the year before to 35% over the last 12 months.
- Did you know? Homes that sold after a contract fell apart went for a median 93.2% of asking, versus 97.3% for homes that held their first contract.
- Did you know? Homes priced right from the start sold in a typical 11 days. Homes that needed cuts took a typical 66 days.
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For sellers
Listings that didn't sell
35%
up 12.8 pts from a year ago
16 expired, withdrawn or canceled vs 30 sold
Sold vs. first asking price
97.3%
down 0.6 pts from a year ago
median sale price ÷ original list price
Sold below first asking
77%
share of homes that sold
Price cut on homes that didn't sell
1.7%
median — and they still didn't sell
For buyers
True days on market
25
up 2 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.7%
how far under the original price homes sold
Didn't sell, then sold on a relist
31%
of listings that didn't sell the first time
Median sold price
$482K
up 2.9% from a year ago
30 homes sold
The last 23 months
0% latest month · Sep 26
31 latest month · Sep 26
99.4% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| $300–400K | 1 | 2 | 67% | 4 | 99.0% |
| $400–500K | 16 | 9 | 36% | 48 | 96.5% |
| $500–750K | 12 | 3 | 20% | 13 | 98.0% |
| $750K–1M | 1 | 2 | 67% | 47 | 97.1% |
Homes only (land excluded), last 12 months unless noted. "Didn't sell" = listings that expired, were withdrawn or were canceled (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 19, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000