Market insights

What really happens to homes listed in Whispering Pines

The numbers most home sites don't show: how many listings never sell, how long homes really take, and what they sell for against the first asking price.

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Buddy Blake Team · Coldwell Banker Sea Coast Advantage

Market insights: Whispering Pines

September 26, 2026
(910) 395‑1000 · buddyblake.ai

In Whispering Pines, 1 in 4 Listings Didn't Sell

Over the last 12 months, 117 homes in Whispering Pines ended, and 90 of those sold. The typical seller who priced it right sold in 12 days, but homes that needed price cuts sat for 70 days and still only brought 93.2% of asking.

15 sold out of every 20 listed 5 didn't expired, withdrawn or canceled

Which pile do you want to be in?

Out of every 20 homes listed in Whispering Pines 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 The outlined ones expired, were withdrawn or were canceled.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 12 days. Needed price cuts: 70 days, and sold for 93.2% of the first price.

What waiting costs

A typical $516,000 home, per month
Mortgage (principal + interest)$2,755
Property taxes$127
Homeowners insurance$250
Upkeep$430
Utilities$250
About$3,810

About $3,810 every month the home sits.

Listings that didn't sell stayed on the market a median of 111 days — roughly $13,900 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

14%

15 of about 105 before closing

Those homes that later sold

53%

47% never sold

Sold vs. first ask after a fall-through

95.7%

vs. 98.6% on the first contract

Days to sell after a fall-through

89

vs. 19 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 34% · cash 19% · VA 39% · FHA 3%.

If you're selling

  • Homes priced right from day one sold in 12 days and got 58 of them done that way.
  • The $500–750K range struggled most, with a 26% didn't-sell rate.
  • Waiting to cut the price cost time: listings that never sold sat a median of 111 days with a 6.3% median price cut.
  • 14% of contracts fell apart, most often inspection, appraisal or financing issues. Homes that went back on the market took a median of 89 days to sell the second time, at 95.7% of asking.

If you're buying

  • 23% of listings in Whispering Pines didn't sell this year, so there's room to negotiate on homes that sit.
  • Typical sold price is $516,000, and the typical sale closes at 98.1% of the first asking price.
  • Buyers here are financing in different ways: 39% VA, 34% conventional, 19% cash, and 3% FHA.

Did you know?

  • The didn't-sell rate jumped from 15% a year ago to 23% now.
  • At a $516,000 example price and a 7.03% mortgage rate, the estimated monthly carrying cost is about $3,810.
  • A home that sits unsold can rack up an estimated $13,900 in carrying costs.

Thinking of selling in Whispering Pines? What it takes and what it costs →

For sellers

Listings that didn't sell

23%

up 8.6 pts from a year ago

27 expired, withdrawn or canceled vs 90 sold

Sold vs. first asking price

98.1%

down 1.9 pts from a year ago

median sale price ÷ original list price

Sold below first asking

60%

share of homes that sold

Price cut on homes that didn't sell

6.3%

median — and they still didn't sell

For buyers

True days on market

21

up 10 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

1.9%

how far under the original price homes sold

Didn't sell, then sold on a relist

30%

of listings that didn't sell the first time

Median sold price

$516K

down 5.9% from a year ago

90 homes sold

By starting price

First askingSoldDidn't sell% didn't sellTrue daysSold vs. first ask
$300–400K12529%8100.0%
$400–500K31821%1997.7%
$500–750K341226%2998.6%
$750K–1M10217%6298.8%
$1M+300%1393.3%

Neighborhoods in Whispering Pines

NeighborhoodSoldDidn't sell% didn't sellTrue daysSold vs. first ask
Whispering Pines371326%1997.7%

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

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