Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Legacy Lakes, Aberdeen
September 26, 2026
(910) 395‑1000 · buddyblake.ai
1 in 5 Legacy Lakes Listings Didn't Sell
Over the last 12 months in the Legacy Lakes neighborhood in Aberdeen, 55 homes wrapped up and 43 sold. Homes priced right from the start sold in 19 days, while the ones that needed price cuts sat for 134 days and still closed at 94.5% of asking. Typical time to sell was 30 days, and the median sold price was $505,000.
Which pile do you want to be in?
Out of every 20 homes listed in Legacy Lakes, Aberdeen 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 The outlined ones expired, were withdrawn or were canceled.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 19 days. Needed price cuts: 134 days, and sold for 94.5% of the first price.
What waiting costs
| Mortgage (principal + interest) | $2,696 |
| Property taxes | $124 |
| Homeowners insurance | $250 |
| Upkeep | $421 |
| Utilities | $250 |
| About | $3,740 |
About $3,740 every month the home sits.
Listings that didn't sell stayed on the market a median of 107 days — roughly $13,100 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); Moore County rate 0.295 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
7%
3 of about 46 before closing
Those homes that later sold
0%
100% never sold
Sold vs. first ask after a fall-through
—
vs. 100.0% on the first contract
Days to sell after a fall-through
—
vs. 30 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 37% · cash 16% · VA 44% · FHA 0%.
If you're selling
- Homes priced right from day one sold in 19 days. The ones that needed cuts took 134 days and still landed at only 94.5% of asking.
- 22% of listings in Legacy Lakes didn't sell this year, down from 30% the year before. That's still 1 in 5.
- Waiting has a cost. An unsold home carries an estimated $13,100 while it sits, based on a $505,000 home at 7.03%.
- 7% of contracts fell apart after going under contract, about 1 in 15. Most often that's inspection, appraisal or financing issues. None of those homes went on to sell later.
If you're buying
- Homes that needed price cuts still took 134 days to sell. If a listing has been sitting, there may be room to talk price.
- Priced-right homes moved fast, in 19 days, and still sold at 100.0% of first asking. Good ones don't linger.
- Financing mix here: 44% VA, 37% conventional, 16% cash. Know your own path before you make an offer.
Did you know?
- The typical Legacy Lakes home sold for $505,000 in the last 12 months.
- 40% of homes that sold in Legacy Lakes went for less than the first asking price.
- Listings that never sold sat for a median of 107 days before coming off the market.
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For sellers
Listings that didn't sell
22%
down 8.0 pts from a year ago
12 expired, withdrawn or canceled vs 43 sold
Sold vs. first asking price
100.0%
up 0.7 pts from a year ago
median sale price ÷ original list price
Sold below first asking
40%
share of homes that sold
Price cut on homes that didn't sell
0.6%
median — and they still didn't sell
For buyers
True days on market
30
down 9 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
8%
of listings that didn't sell the first time
Median sold price
$505K
up 5.9% from a year ago
43 homes sold
The last 24 months
50% latest month · Aug 26
43 latest month · Aug 26
100.0% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| $300–400K | 2 | 0 | 0% | 68 | 101.3% |
| $400–500K | 19 | 6 | 24% | 55 | 99.3% |
| $500–750K | 22 | 6 | 21% | 20 | 100.0% |
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