Estimated cost of a dead deal
$28,100
on a typical $442,000 home with a mortgage · $20,800 if it's paid off
- Contracts that fell apart
- 16% about 1 in 6 · 57 of 353
- Extra days on the market
- 103 133 vs. 30 on the first contract
- Lower sale price
- 3.9 pts 92.7% vs. 96.6% of first asking
- Never sold at all
- 22% of the homes whose deal died
When a deal died in New Hanover County in October 2025, it cost the seller about $28,100
57 of about 353 contracts for resale homes in New Hanover County fell apart in October 2025 — about 1 in 6. The ones that sold later took 103 more days and sold for 3.9 points less of their first asking price than homes that closed on the first contract. And 22% of the homes whose deal died never sold at all. About the same as a year earlier.
- Holding costs run about $105 a day on a typical $442,000 home — 103 extra days is about $10,830.
- The price scar alone is about $17,200 on a $442,000 home.
- Where the MLS kept the date, the contract lasted a median of 22 days before it fell apart.
- 32% came back on the market at a lower price (a median 6.5% below the first price).
- Most resale deals die over the home inspection, the appraisal or the buyer's loan. A pre-market inspection finds the big items before a buyer does.
What would it cost you?
Put in your own numbers. Leave the loan at 0 if your home is paid off.
$28,100
103 extra days at about $105 a day = $10,832 in holding costs, plus $17,238 from a 3.9-point lower price.
An estimate, not a quote. Uses this area's extra days and price scar; interest only on the mortgage; taxes scaled from the area's median bill; insurance $250/month, upkeep 1% of value a year, utilities $250/month, HOA $29/month (area median).
Take the surprise off the table
Most resale deals die over the inspection, the appraisal or the loan. A pre-market inspection finds the big items before a buyer does — so there's nothing left to renegotiate or walk away over. It's part of our home selling system.
Compared with other months
| Fell apart | Deals lost | Contracts | Est. cost | |
|---|---|---|---|---|
| October 2025 | 16% | 57 | 353 | $28,100 |
| Month before | 21% | 74 | 346 | $31,900 |
| Same month last year | 16% | 57 | 352 | $46,700 |
Deals that fell apart in a recent month may still sell — their "what happened next" fills in over the coming months.
What happened next
- Sold later 75% — after 133 days in all, for 92.7% of the first price
- Still trying 4% — back on the market or under contract again
- Never sold 21% — expired, canceled or withdrawn
Homes that sold on their first contract took 30 days and sold for 96.6% of their first price. 32% of the homes that came back on the market cut their price.
By age of the home
Older homes give inspectors more to find.
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under 10 yrs | 42 | 7% | — | — | — |
| 10–19 yrs | 35 | 14% | — | — | — |
| 20–29 yrs | 92 | 17% | 115 | 4.9 pts | $30,300 |
| 30–49 yrs | 99 | 15% | 89 | 3.0 pts | $24,500 |
| 50+ yrs | 84 | 21% | 55 | 5.5 pts | $27,600 |
Crawl space vs. no crawl space
Moisture, wood rot and insect damage under the house are common inspection findings on the coast.
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Crawl space | 132 | 23% | 72 | 4.5 pts | $30,200 |
| No crawl space | 200 | 12% | 115 | 3.8 pts | $26,900 |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under $300K | 57 | 19% | 13 | 3.1 pts | $8,400 |
| $300–400K | 83 | 16% | 163 | 6.2 pts | $34,800 |
| $400–500K | 59 | 9% | — | — | — |
| $500–750K | 84 | 16% | 63 | 5.3 pts | $39,100 |
| $750K–1M | 33 | 15% | — | — | — |
| $1M+ | 37 | 27% | 101 | 0.2 pts | $32,900 |
Homes behind the numbers
Sold after a deal fell apart
It closed — on a later contract.
- 561 Rose Avenue, WilmingtonSold · $600,000 · fell apart Oct 31, 2025
- 609 N 10th Street, WilmingtonSold · $268,000 · fell apart Oct 31, 2025
- 630 Saint Joseph Street Unit 200, Carolina BeachSold · $700,000 · fell apart Oct 31, 2025
- 108 S 9th Street, WilmingtonSold · $515,000 · fell apart Oct 30, 2025
- 7732 Trap Way, WilmingtonSold · $275,000 · fell apart Oct 30, 2025
- 928 General Whiting Boulevard, Kure BeachSold · $670,000 · fell apart Oct 26, 2025
- 701 Winery Way, WilmingtonSold · $540,000 · fell apart Oct 25, 2025
- 4325 Appleton Way, WilmingtonSold · $572,000 · fell apart Oct 24, 2025
- 233 Heritage Park Drive, WilmingtonSold · $305,000 · fell apart Oct 23, 2025
- 412 Raleigh Avenue, Carolina BeachSold · $610,000 · fell apart Oct 23, 2025
- 229 Seminole Trail, WilmingtonSold · $395,000 · fell apart Oct 23, 2025
- 213 Country Place Road, WilmingtonSold · $385,000 · fell apart Oct 23, 2025
- 734 Sloop Pointe Lane, Kure BeachSold · $515,000 · fell apart Oct 22, 2025
- 653 Hidden Valley Road, WilmingtonSold · $320,000 · fell apart Oct 22, 2025
- 227 Gazebo Court, WilmingtonSold · $1,613,700 · fell apart Oct 22, 2025
- 708 Market Street, WilmingtonSold · $890,000 · fell apart Oct 21, 2025
- 3628 Daufuskie Drive, WilmingtonSold · $460,000 · fell apart Oct 20, 2025
- 110 Cabbage Inlet Lane, WilmingtonSold · $720,000 · fell apart Oct 20, 2025
- 300 Cabbage Inlet Lane, WilmingtonSold · $1,237,500 · fell apart Oct 18, 2025
- 439 Kelly Road, WilmingtonSold · $305,000 · fell apart Oct 17, 2025
- 5353 Leisure Circle, WilmingtonSold · $1,250,000 · fell apart Oct 17, 2025
- 141 Hargrove Drive, WilmingtonSold · $281,800 · fell apart Oct 16, 2025
- 6617 Sago Palm Drive, WilmingtonSold · $312,000 · fell apart Oct 16, 2025
- 416 S 5th Avenue, WilmingtonSold · $615,000 · fell apart Oct 15, 2025
Most recent first. Homes that were withdrawn, expired or canceled are counted in the numbers but not listed here.
Questions sellers ask
How often do home sale contracts fall apart in New Hanover County?
57 of about 353 contracts for resale homes in New Hanover County fell apart in October 2025 — about 1 in 6.
What does a failed contract cost a seller in New Hanover County?
About $28,100 on a typical $442,000 home — 103 extra days of holding costs (about $105 a day with a mortgage) plus a 3.9-point lower sale price. With no mortgage it's about $20,800.
Why do home sale contracts fall apart?
The MLS doesn't record the reason. In our experience the most common are home inspection findings (roof, HVAC, moisture and crawl space, wood-destroying insects, electrical and plumbing), appraisals below the price, and buyer financing. In North Carolina a buyer can walk away for any reason during the due diligence period.
How can a seller keep a deal from falling apart?
Have the home inspected before it goes on the market, then fix or disclose the big items up front. Buyers can't use a surprise to renegotiate or walk away when there's no surprise left. A pre-market inspection is part of the Buddy Blake Team's home selling system.
Resale homes only — new construction and land are left out. A deal "fell apart" when a home went under contract and then came back on the market, or was canceled, withdrawn or expired after a contract was written, however long the contract lasted. Extra days and the price scar compare homes that sold after a deal fell apart with homes that sold on their first contract in the same area and slice. The MLS doesn't record why a contract ended. Source: Hive MLS data compiled by the Buddy Blake Team, updated October 3, 2026. Numbers for October 2025 only.