Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Ocean Ridge Plantation, Sunset Beach
September 24, 2026
(910) 395‑1000 · buddyblake.ai
Ocean Ridge Plantation: Price It Right, It Sells in 26 Days
In Ocean Ridge Plantation, homes priced right from the start sold in a median of 26 days. Homes that needed price cuts took 132 days and sold for 89.6% of asking, so getting the number right early matters. Over the last 12 months, 47 homes sold and 4 didn't sell, a didNotSellRate of 8%.
Which pile do you want to be in?
Out of every 20 homes listed in Ocean Ridge Plantation, Sunset Beach 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 The outlined ones expired, were withdrawn or were canceled.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 26 days. Needed price cuts: 132 days, and sold for 89.6% of the first price.
What waiting costs
| Mortgage (principal + interest) | $3,522 |
| Property taxes | $190 |
| Homeowners insurance | $250 |
| Upkeep | $554 |
| Utilities | $250 |
| About | $4,770 |
About $4,770 every month the home sits.
Listings that didn't sell stayed on the market a median of 95 days — roughly $14,800 in holding costs, and the home still didn't sell.
An example, not a quote: 20% down, 30-year fixed at 6.95% (Freddie Mac average, 2026-09-17); 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. If your home is paid off, the mortgage line drops out — the rest still adds up.
When contracts fall apart
Contracts that fell apart
19%
11 of about 58 before closing
Those homes that later sold
100%
0% never sold
Sold vs. first ask after a fall-through
97.7%
vs. 99.9% on the first contract
Days to sell after a fall-through
143
vs. 17 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 57% · cash 36% · VA 6% · FHA 0%.
If you're selling
- Price it right from day one: homes priced correctly sold in 26 days, versus 132 days for ones that needed cuts.
- Waiting costs money: homes that needed price cuts sold at 89.6% of asking, versus 99.7% typical for the area.
- Homes that never sold sat a median of 95 days before the listing ended.
- Contracts fall apart 19% of the time here, most often inspection, appraisal or financing issues. Homes that got back under contract after that later sold 100% of the time.
If you're buying
- Typical sold price is $665,000, and homes that sold went for 99.7% of first asking price.
- 53% of homes here sold below the first asking price, so there's room to negotiate.
- Most buyers here are financing: 58% conventional, 6% VA, 35% cash.
Did you know?
- Homes that got back on the market after a contract fell apart went on to sell 100% of the time, at a median 97.7% of asking.
- For a home at $665,000 with a 6.95% mortgage rate, estimated monthly carrying cost runs about $4,770.
- Sitting unsold an extra stretch is estimated to cost about $14,800 in carrying costs.
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For sellers
Listings that didn't sell
8%
up 7.8 pts from a year ago
4 expired, withdrawn or canceled vs 47 sold
Sold vs. first asking price
99.7%
up 1.2 pts from a year ago
median sale price ÷ original list price
Sold below first asking
53%
share of homes that sold
Price cut on homes that didn't sell
0.0%
median — and they still didn't sell
For buyers
True days on market
68
up 22 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
0.3%
how far under the original price homes sold
Didn't sell, then sold on a relist
25%
of listings that didn't sell the first time
Median sold price
$665K
up 6.4% from a year ago
47 homes sold
The last 23 months
0% latest month · Aug 26
57 latest month · Aug 26
98.5% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| $500–750K | 47 | 4 | 8% | 68 | 99.7% |
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 24, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000