Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: SeaBrooke, Leland
October 23, 2026
(910) 395‑1000 · buddyblake.com
SeaBrooke in Leland: 1 in 6 listings ended without selling last year
Of the 75 listings that ended in SeaBrooke over the last 12 months, 62 sold and 13 didn't. That's a 17% didn't-sell rate, down from 20% the year before. Price is doing most of the work here, and the price range you're in matters a lot.
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 SeaBrooke, Leland 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 20 days. Needed price cuts: 80 days, and sold for 93.0% of the first price.
What waiting costs
| Property taxes | $78 |
| Homeowners insurance | $250 |
| Upkeep | $228 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $805 + mortgage |
About $805 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 73 days — roughly $1,943 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
23%
19 of about 83 before closing
Those homes that later sold
84%
16% never sold
Sold vs. first ask after a fall-through
97.7%
vs. 99.7% on the first contract
Days to sell after a fall-through
56
vs. 23 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 30% · cash 17% · VA 6% · FHA 44%.
If you're selling
- Price it right from day one. Homes priced right from the start sold in a median 20 days. Homes that needed price cuts took a median 93 days and sold at a median 92.6% of asking.
- Know your range. Homes in the $300–400K range had a 31% didn't-sell rate. Homes under $300K had 0%.
- Waiting costs money. For a typical home, carrying an unsold house before mortgage runs about $1,943 a month, estimated.
- Contracts fall apart about 1 in 4 times here. Most often that's inspection, appraisal or financing issues, based on general industry experience. Get ahead of those before you go under contract. Of the contracts that fell apart, 83% later sold.
If you're buying
- There's room to negotiate. 55% of homes sold below their first asking price. Homes sold at a median 99.2% of first ask.
- Some homes sit. Listings that never sold sat a median 73 days, and the $300–400K range is where most of the trouble is.
- Here's how buyers are paying: FHA 45%, conventional 29%, cash 18%, VA 7%.
Did you know?
- The median time to sell in SeaBrooke is 35 days.
- Listings that never sold took a median 3.6% price cut before they ended.
- For a typical $273,490 home, monthly carrying costs before mortgage are about $805, estimated.
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For sellers
Listings that didn't sell
17%
down 2.3 pts from a year ago
13 expired or canceled vs 63 sold
Sold vs. first asking price
99.4%
up 2.3 pts from a year ago
median sale price ÷ original list price
Sold below first asking
52%
share of homes that sold
Price cut on homes that didn't sell
3.6%
median — and they still didn't sell
For buyers
True days on market
33
down 14 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
0.6%
how far under the original price homes sold
Didn't sell, then sold on a relist
39%
of listings that didn't sell the first time
Median sold price
$265K
down 7.5% from a year ago
63 homes sold
The last 23 months
7% latest month · Sep 26
28 latest month · Sep 26
100.0% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 40 | 0 | 0% | 27 | 100.0% |
| $300–400K | 23 | 11 | 32% | 48 | 98.0% |
| $400–500K | 0 | 2 | 100% | — | — |
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