Didn't sell
23%
about 1 in 4 · 65 expired or canceled vs. 214 sold
- Days to sell
- 48 median, from the first day listed
- Sold vs. first asking
- 97.5% median sale ÷ original price
- Price cut, still didn't sell
- 1.4% median on listings that didn't sell
- Median sold price
- $777,000 214 homes sold
23% of homes under 10 years old listed in Oak Island didn't sell over the last 12 months
65 listings of homes under 10 years old in Oak Island expired or were canceled over the last 12 months, against 214 that sold — about 1 in 4 didn't sell. Homes that sold went for a median 97.5% of their first asking price after 48 days on the market.
- Listings that didn't sell had cut their price a median 1.4% — and still didn't sell.
- They sat a median 138 days before they came off the market.
Some homes do get a contract — and still don't sell
See how often deals fall apart here, and what a dead deal costs the seller in days and dollars.
Crawl space vs. no crawl space
| Sold | Didn't sell | % didn't sell | Days to sell | vs. first ask | |
|---|---|---|---|---|---|
| Crawl space | 110 | 51 | 32% | 65 | 94.2% |
| No crawl space | 448 | 163 | 27% | 54 | 96.1% |
By first asking price
Questions sellers ask
How many homes under 10 years old don't sell in Oak Island?
65 listings of homes under 10 years old in Oak Island expired or were canceled over the last 12 months, against 214 that sold — about 1 in 4 didn't sell. Homes that sold went for a median 97.5% of their first asking price after 48 days on the market.
Why do listings fail to sell?
Usually price, condition or both. Homes priced right from day one sell faster and closer to their first price; homes that chase the market down with cuts often still don't sell.
Homes only, last 12 months. "Didn't sell" = the listing expired or was canceled. Days to sell count from the first day listed, including relistings. Totals only — no individual listing is shown. Source: Hive MLS data compiled by the Buddy Blake Team.