Metabox Select item does update the Database but does not reflect that choice in metabox. This metabox is special in the sense that it is using a list contained in an options page for my plugin. I am using a get_option() command along with a foreach statment. Code below is the metabox.
function timeshare_meta_callback( $post ) {
wp_nonce_field( basename( __FILE__ ), 'timeshare_nonce' );
$timeshare_stored_meta = get_post_meta( $post->ID );
?>
<table style="width:100%">
<tr>
<td>
<p>
<?php
$options = get_option( 'name' );
// If your names are separeated with comma
$names = explode( PHP_EOL, $options );
?>
<label for="name" class="timeshare-row-title"><?php _e( 'Property Name:', 'timeshare-textdomain' )?></label>
<select name="name" id="name">
<?php foreach ( $names as $name ) {
printf(
'<option value="%s" selected="selected">%s</option>',
$name,
$name
);
} ?>
</select>
</p>
< /td>