Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Carolina Colours, New Bern
September 26, 2026
(910) 395‑1000 · buddyblake.ai
Carolina Colours: Priced Right Sells in 46 Days, Not 169
In Carolina Colours, homes that were priced right from the start sold in a median of 46 days. Homes that needed price cuts sat a median of 156 days, and 1 in 6 homes didn't sell at all in the last 12 months. Median sold price was $454,900, at 98.2% of first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in Carolina Colours, 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 The outlined ones expired, were withdrawn or were canceled.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 46 days. Needed price cuts: 156 days, and sold for 91.7% of the first price.
What waiting costs
| Mortgage (principal + interest) | $2,429 |
| Property taxes | $169 |
| Homeowners insurance | $250 |
| Upkeep | $379 |
| Utilities | $250 |
| About | $3,480 |
About $3,480 every month the home sits.
Listings that didn't sell stayed on the market a median of 169 days — roughly $19,300 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
21%
15 of about 70 before closing
Those homes that later sold
80%
20% never sold
Sold vs. first ask after a fall-through
92.2%
vs. 98.8% on the first contract
Days to sell after a fall-through
192
vs. 76 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 35% · cash 35% · VA 29% · FHA 0%.
If you're selling
- Price it right from day one: pricedright listings sold in 46 days versus 156 days for ones that needed cuts
- 18% of listings didn't sell this year, up from 7% the year before, so overpricing has a real cost
- Listings that never sold typically cut price by 4.9% and still sat a median of 169 days before ending
- 21% of contracts fell apart before closing, most often inspection, appraisal or financing issues in general industry experience — homes that sold after a fall-through took a median of 192 days
If you're buying
- 76% of homes in Carolina Colours sold below the first asking price, so there's room to negotiate
- If a home has sat past the typical 46 days, that can be a sign of room to talk price
- Buyers are paying a mix of ways: 35% cash, 35% conventional loans, and 29% VA loans
Did you know?
- Homes priced right from the start sold in a median of 46 days in Carolina Colours
- 1 in 5 contracts fell apart before closing, but 80% of those homes went on to sell later, at a median of 92.2% of asking
- Carrying a typical $454,900 home here costs an estimated $3,480 a month, or about $19,300 over a typical unsold stretch
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For sellers
Listings that didn't sell
18%
up 11.2 pts from a year ago
12 expired, withdrawn or canceled vs 55 sold
Sold vs. first asking price
98.2%
down 1.8 pts from a year ago
median sale price ÷ original list price
Sold below first asking
76%
share of homes that sold
Price cut on homes that didn't sell
4.9%
median — and they still didn't sell
For buyers
True days on market
106
up 25 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.8%
how far under the original price homes sold
Didn't sell, then sold on a relist
8%
of listings that didn't sell the first time
Median sold price
$455K
up 8.0% from a year ago
55 homes sold
The last 24 months
0% latest month · Aug 26
111 latest month · Aug 26
99.2% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 2 | 0 | 0% | 21 | 97.7% |
| $300–400K | 9 | 1 | 10% | 102 | 98.8% |
| $400–500K | 25 | 9 | 27% | 128 | 98.8% |
| $500–750K | 15 | 2 | 12% | 74 | 96.8% |
| $750K–1M | 4 | 0 | 0% | 66 | 96.7% |
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