Estimated cost of a dead deal
$33,300
on a typical $471,000 home with a mortgage · $26,700 if it's paid off
- Contracts that fell apart
- 18% about 1 in 6 · 54 of 298
- Extra days on the market
- 87 108 vs. 21 on the first contract
- Lower sale price
- 5.0 pts 92.0% vs. 97.0% of first asking
- Never sold at all
- 25% of the homes whose deal died
When a deal died in New Hanover County in November 2025, it cost the seller about $33,300
54 of about 298 contracts for resale homes in New Hanover County fell apart in November 2025 — about 1 in 6. The ones that sold later took 87 more days and sold for 5.0 points less of their first asking price than homes that closed on the first contract. And 25% of the homes whose deal died never sold at all. That's down 0.6 points from November 2024.
- Holding costs run about $112 a day on a typical $471,000 home — 87 extra days is about $9,710.
- The price scar alone is about $23,600 on a $471,000 home.
- Where the MLS kept the date, the contract lasted a median of 32 days before it fell apart.
- 30% came back on the market at a lower price (a median 6.9% 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.
$33,300
87 extra days at about $112 a day = $9,708 in holding costs, plus $23,550 from a 5.0-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 $38/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 | |
|---|---|---|---|---|
| November 2025 | 18% | 54 | 298 | $33,300 |
| Month before | 16% | 57 | 353 | $28,100 |
| Same month last year | 19% | 50 | 267 | $13,600 |
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 69% — after 108 days in all, for 92.0% of the first price
- Still trying 9% — back on the market or under contract again
- Never sold 22% — expired, canceled or withdrawn
Homes that sold on their first contract took 21 days and sold for 97.0% of their first price. 30% 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 | 41 | 7% | — | — | — |
| 10–19 yrs | 24 | 13% | — | — | — |
| 20–29 yrs | 82 | 21% | 191 | 11.1 pts | $74,300 |
| 30–49 yrs | 94 | 17% | 30 | 0.0 pts | $3,000 |
| 50+ yrs | 57 | 26% | 111 | 7.0 pts | $42,100 |
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 | 110 | 20% | 124 | 8.2 pts | $55,300 |
| No crawl space | 171 | 17% | 38 | 4.0 pts | $22,600 |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under $300K | 36 | 28% | 132 | 3.1 pts | $15,300 |
| $300–400K | 71 | 14% | 42 | 1.2 pts | $8,000 |
| $400–500K | 46 | 9% | — | — | — |
| $500–750K | 73 | 18% | 43 | 4.6 pts | $31,600 |
| $750K–1M | 32 | 22% | — | — | — |
| $1M+ | 40 | 25% | 147 | 13.8 pts | $228,700 |
Homes behind the numbers
Sold after a deal fell apart
It closed — on a later contract.
- 114 Leeward Court, Kure BeachSold · $922,000 · fell apart Nov 30, 2025
- 1507 Mackerel Lane Unit 1 & 2, Carolina BeachSold · $1,400,000 · fell apart Nov 30, 2025
- 437 Maides Avenue, WilmingtonSold · $95,000 · fell apart Nov 29, 2025
- 223 S 5th Avenue, WilmingtonSold · $975,000 · fell apart Nov 29, 2025
- 1916 Jumpin Run Drive, WilmingtonSold · $367,500 · fell apart Nov 29, 2025
- 7319 Thurgood Road, WilmingtonSold · $555,000 · fell apart Nov 29, 2025
- 342 Pine Valley Drive, WilmingtonSold · $457,500 · fell apart Nov 28, 2025
- 6111 Leeward Lane, WilmingtonSold · $1,225,000 · fell apart Nov 26, 2025
- 1225 Pinfish Lane, Carolina BeachSold · $950,000 · fell apart Nov 26, 2025
- 115 Forest Hills Drive, WilmingtonSold · $490,000 · fell apart Nov 26, 2025
- 437 Biscayne Drive, WilmingtonSold · $350,000 · fell apart Nov 24, 2025
- 901 Canal Drive, Carolina BeachSold · $1,325,000 · fell apart Nov 24, 2025
- 4922 Woods Edge Road, WilmingtonSold · $538,900 · fell apart Nov 22, 2025
- 314 Glynnwood Drive, WilmingtonSold · $128,000 · fell apart Nov 22, 2025
- 215 Valencia Court Unit 203, WilmingtonSold · $245,000 · fell apart Nov 21, 2025
- 4011 Peachtree Avenue, WilmingtonSold · $340,000 · fell apart Nov 21, 2025
- 3801 Gillette Drive, WilmingtonSold · $365,000 · fell apart Nov 20, 2025
- 113 Yorkshire Lane, WilmingtonSold · $565,000 · fell apart Nov 20, 2025
- 213 Santa Ana Drive, WilmingtonSold · $308,000 · fell apart Nov 18, 2025
- 1404 Halcyon Lane, WilmingtonSold · $995,000 · fell apart Nov 17, 2025
- 5200 Woods Edge Road, WilmingtonSold · $439,000 · fell apart Nov 17, 2025
- 7006 Key Point Drive, WilmingtonSold · $550,000 · fell apart Nov 11, 2025
- 716 Benchmark Court, WilmingtonSold · $437,500 · fell apart Nov 10, 2025
- 234 Colony Circle N, WilmingtonSold · $480,000 · fell apart Nov 9, 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?
54 of about 298 contracts for resale homes in New Hanover County fell apart in November 2025 — about 1 in 6.
What does a failed contract cost a seller in New Hanover County?
About $33,300 on a typical $471,000 home — 87 extra days of holding costs (about $112 a day with a mortgage) plus a 5.0-point lower sale price. With no mortgage it's about $26,700.
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 November 2025 only.