Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Bluewater Rise, New Bern
September 26, 2026
(910) 395‑1000 · buddyblake.ai
Bluewater Rise: Priced Right Sells in 63 Days
Most homes in Bluewater Rise sold in the last 12 months, and typical days to sell was 71 days. Homes priced right from the start sold in 63 days, while the ones needing price cuts took 113 days and still sold at 94.2% of asking.
Which pile do you want to be in?
Out of every 20 homes listed in Bluewater Rise, New Bern 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 The outlined ones expired, were withdrawn or were canceled.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 63 days. Needed price cuts: 113 days, and sold for 94.2% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,981 |
| Property taxes | $138 |
| Homeowners insurance | $250 |
| Upkeep | $309 |
| Utilities | $250 |
| About | $2,930 |
About $2,930 every month the home sits.
Listings that didn't sell stayed on the market a median of 56 days — roughly $5,300 in holding costs, and the home still didn't sell.
An example, not a quote: 20% down, 30-year fixed at 7.03% (Freddie Mac average, 2026-09-24); Craven County rate 0.4448 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. If your home is paid off, the mortgage line drops out — the rest still adds up.
When contracts fall apart
Contracts that fell apart
4%
5 of about 115 before closing
Those homes that later sold
80%
20% never sold
Sold vs. first ask after a fall-through
100.0%
vs. 100.0% on the first contract
Days to sell after a fall-through
95
vs. 73 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 18% · cash 12% · VA 64% · FHA 5%.
If you're selling
- Price it right at listing, homes priced right sold in 63 days versus 113 days for ones needing cuts
- The $400–500K range struggled most, with a 10% rate of not selling
- The $300–400K range performed best, with only a 2% rate of not selling
- If a contract falls apart, most sellers still sold later, 80% did, though it took longer, 95 days versus 73 days the first time
If you're buying
- 13% of homes sold below the first asking price, so there is some room to negotiate
- Homes that needed a price cut sat for 113 days, a sign to watch for stale listings
- Most buyers here used VA financing, 64%, with 12% paying cash
Did you know?
- 1 in 19 listings in Bluewater Rise didn't sell in the last 12 months, up from 1 in 1 in 19... actually 2% the year before
- Contracts fell apart 4% of the time, about 1 in 23
- Carrying an unsold home in Bluewater Rise runs an estimated $5,300 a month versus about $2,930 for a typical mortgage payment
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For sellers
Listings that didn't sell
5%
up 3.3 pts from a year ago
6 expired, withdrawn or canceled vs 109 sold
Sold vs. first asking price
100.0%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
13%
share of homes that sold
Price cut on homes that didn't sell
0.2%
median — and they still didn't sell
For buyers
True days on market
71
up 29 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
0.0%
how far under the original price homes sold
Didn't sell, then sold on a relist
17%
of listings that didn't sell the first time
Median sold price
$371K
up 0.5% from a year ago
109 homes sold
The last 24 months
20% latest month · Aug 26
47 latest month · Aug 26
100.7% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| $300–400K | 65 | 1 | 2% | 77 | 100.0% |
| $400–500K | 37 | 4 | 10% | 77 | 100.0% |
| $500–750K | 7 | 1 | 13% | 18 | 101.2% |
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 September 26, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000