Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Pinners Point, Oak Island
October 23, 2026
(910) 395‑1000 · buddyblake.com
Pinners Point: 1 in 3 listings didn't sell this year
In Pinners Point in Oak Island, 44 listings ended in the last 12 months. 30 sold and 14 didn't sell, which is 1 in 3. The typical sale took 60 days at a median price of $532,500, and sold homes went for 96.4% of their first asking price.
Summary written October 22, 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 Pinners Point, Oak Island 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 29 days. Needed price cuts: 77 days, and sold for 89.8% of the first price.
What waiting costs
| Property taxes | $152 |
| Homeowners insurance | $250 |
| Upkeep | $444 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,094 + mortgage |
About $1,094 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 163 days — roughly $5,851 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Brunswick County rate 0.342 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
14%
5 of about 36 before closing
Those homes that later sold
40%
60% never sold
Sold vs. first ask after a fall-through
90.6%
vs. 96.4% on the first contract
Days to sell after a fall-through
313
vs. 58 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 48% · cash 48% · VA 0% · FHA 0%.
If you're selling
- Price it right from day one. Homes priced right from the start sold in a median 29 days.
- Homes that needed price cuts took a median 76 days to sell. Listings that never sold had a median cut of 1.6% and sat a median 163 days.
- Contracts fell apart on 14% of deals, 1 in 7. Most often that's inspection, appraisal or financing issues, based on general industry experience. Get ahead of those before you go under contract.
- Once a contract falls apart, only 40% of those homes later sold. The other 60% never sold.
If you're buying
- There's room to negotiate. 87% of sold homes sold below the first asking price.
- Some homes sit. Listings that never sold sat a median 163 days, and 1 in 3 listings ended without a sale.
- Cash and conventional are how buyers are paying here: 50% cash and 47% conventional.
Did you know?
- The did-not-sell rate was 32% this year, up from 30% the year before.
- For a typical home at $532,500, estimated carrying costs are about $1,094 a month before mortgage.
- While a typical home sits unsold, estimated carrying costs before mortgage add up to about $5,851.
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For sellers
Listings that didn't sell
31%
up 1.5 pts from a year ago
14 expired or canceled vs 31 sold
Sold vs. first asking price
96.4%
up 2.1 pts from a year ago
median sale price ÷ original list price
Sold below first asking
87%
share of homes that sold
Price cut on homes that didn't sell
1.6%
median — and they still didn't sell
For buyers
True days on market
62
down 42 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
3.6%
how far under the original price homes sold
Didn't sell, then sold on a relist
21%
of listings that didn't sell the first time
Median sold price
$535K
down 10.8% from a year ago
31 homes sold
The last 23 months
40% latest month · Sep 26
93 latest month · Sep 26
95.6% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| $300–400K | 2 | 1 | 33% | 137 | 91.7% |
| $400–500K | 6 | 2 | 25% | 116 | 92.8% |
| $500–750K | 14 | 7 | 33% | 40 | 96.7% |
| $750K–1M | 6 | 2 | 25% | 89 | 89.7% |
| $1M+ | 3 | 2 | 40% | 90 | 97.3% |
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 23, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000