Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Summerhouse On Everett Bay, Holly Ridge
September 24, 2026
(910) 395‑1000 · buddyblake.ai
Summerhouse On Everett Bay: 1 In 3 Listings Didn't Sell
Over the last 12 months in the Summerhouse On Everett Bay neighborhood in Holly Ridge, 91 listings wrapped up, 62 sold and 29 didn't sell. Homes priced right from the start sold in a typical 39 days, while the ones that needed price cuts took 91 days and still needed a median 2.0% cut to get there. Typical sold price was $669,500, at 97.5% of first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in Summerhouse On Everett Bay, Holly Ridge 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 The outlined ones expired, were withdrawn or were canceled.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 39 days. Needed price cuts: 91 days, and sold for 94.5% of the first price.
What waiting costs
| Mortgage (principal + interest) | $3,559 |
| Property taxes | $367 |
| Homeowners insurance | $250 |
| Upkeep | $560 |
| Utilities | $250 |
| About | $4,990 |
About $4,990 every month the home sits.
Listings that didn't sell stayed on the market a median of 148 days — roughly $24,300 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); Onslow County rate 0.655 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
10%
7 of about 70 before closing
Those homes that later sold
29%
71% never sold
Sold vs. first ask after a fall-through
95.4%
vs. 97.4% on the first contract
Days to sell after a fall-through
70
vs. 66 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 46% · cash 25% · VA 27% · FHA 2%.
If you're selling
- Price it right from day one. Homes priced right sold in 39 days. The ones that needed cuts took 91 days and still sold for less relative to what they were asking.
- The $750K–1M range is the toughest spot right now, with 41% of listings there not selling. The $500–750K range does better, at 26%.
- Waiting has a cost. Listings that never sold sat a median 148 days before coming off the market.
- 1 in 10 contracts here fell apart before closing. Most often that comes down to inspection, appraisal or financing issues. Homes that had a contract fall through and later sold took longer, a median 70 days, and sold at 95.4% of asking versus 97.5% for a home's first contract.
If you're buying
- 86% of homes here sold below the first asking price, so there's real room to negotiate.
- Homes that don't get priced right can sit a long time, a median 148 days, before the listing ends.
- Financing varies. Among buyers here, 45% used conventional loans, 27% used VA, 26% paid cash, and 2% used FHA.
Did you know?
- Carrying a typical $669,500 home here is estimated at about $4,970 a month at a 6.95% mortgage rate.
- A home that sits unsold for a while can rack up an estimated $24,200 in carrying costs.
- Nearly 1 in 3 listings in Summerhouse On Everett Bay didn't sell in the last 12 months, similar to the year before at 33%.
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For sellers
Listings that didn't sell
32%
down 1.0 pts from a year ago
29 expired, withdrawn or canceled vs 62 sold
Sold vs. first asking price
97.5%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
86%
share of homes that sold
Price cut on homes that didn't sell
2.0%
median — and they still didn't sell
For buyers
True days on market
70
down 18 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.5%
how far under the original price homes sold
Didn't sell, then sold on a relist
31%
of listings that didn't sell the first time
Median sold price
$672K
up 3.5% from a year ago
62 homes sold
The last 24 months
50% latest month · Aug 26
72 latest month · Aug 26
93.2% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| $400–500K | 2 | 0 | 0% | 67 | 97.8% |
| $500–750K | 40 | 14 | 26% | 85 | 97.8% |
| $750K–1M | 19 | 13 | 41% | 43 | 96.4% |
| $1M+ | 1 | 2 | 67% | 81 | 95.7% |
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