Estimated cost of a dead deal
$8,000
on a typical $446,750 home with a mortgage · $4,200 if it's paid off
- Contracts that fell apart
- 17% about 1 in 6 · 45 of 265
- Extra days on the market
- 54 86 vs. 32 on the first contract
- Lower sale price
- 0.5 pts 95.3% vs. 95.8% of first asking
- Never sold at all
- 26% of the homes whose deal died
When a deal died in New Hanover County in January 2026, it cost the seller about $8,000
45 of about 265 contracts for resale homes in New Hanover County fell apart in January 2026 — about 1 in 6. The ones that sold later took 54 more days and sold for 0.5 points less of their first asking price than homes that closed on the first contract. And 26% of the homes whose deal died never sold at all. About the same as a year earlier.
- Holding costs run about $107 a day on a typical $446,750 home — 54 extra days is about $5,770.
- The price scar alone is about $2,200 on a $446,750 home.
- 27% 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.
$8,000
54 extra days at about $107 a day = $5,772 in holding costs, plus $2,234 from a 0.5-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 $33/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 | |
|---|---|---|---|---|
| January 2026 | 17% | 45 | 265 | $8,000 |
| Month before | 13% | 42 | 313 | $28,900 |
| Same month last year | 17% | 50 | 295 | $27,200 |
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 86 days in all, for 95.3% of the first price
- Still trying 7% — back on the market or under contract again
- Never sold 24% — expired, canceled or withdrawn
Homes that sold on their first contract took 32 days and sold for 95.8% of their first price. 27% 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 | 32 | 16% | — | — | — |
| 10–19 yrs | 22 | 5% | — | — | — |
| 20–29 yrs | 59 | 17% | 11 | 0.0 pts | $1,200 |
| 30–49 yrs | 88 | 15% | 66 | 0.0 pts | $6,700 |
| 50+ yrs | 64 | 25% | 180 | 4.1 pts | $32,300 |
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 | 97 | 22% | 63 | 0.7 pts | $10,800 |
| No crawl space | 156 | 14% | 44 | 0.4 pts | $6,400 |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under $300K | 35 | 23% | — | — | — |
| $300–400K | 64 | 16% | 36 | 0.1 pts | $3,400 |
| $400–500K | 45 | 11% | — | — | — |
| $500–750K | 62 | 18% | 84 | 0.9 pts | $16,900 |
| $750K–1M | 23 | 22% | — | — | — |
| $1M+ | 36 | 17% | — | — | — |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 2940 Oleander Drive D-16, WilmingtonBack on the market · $209,999 · fell apart Jan 5, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 8396 Penny Royal Lane, WilmingtonSold · $560,000 · fell apart Jan 30, 2026
- 3520 Daufuskie Drive, WilmingtonSold · $540,000 · fell apart Jan 28, 2026
- 5315 Hanahan Drive, WilmingtonSold · $1,375,000 · fell apart Jan 28, 2026
- 7226 Copperfield Court, WilmingtonSold · $335,000 · fell apart Jan 28, 2026
- 2738 S 17th Street Apt C, WilmingtonSold · $188,000 · fell apart Jan 27, 2026
- 9402 Short Putt Court, WilmingtonSold · $370,000 · fell apart Jan 26, 2026
- 4204 Park Avenue, WilmingtonSold · $230,000 · fell apart Jan 26, 2026
- 119 Lighthouse Drive, Carolina BeachSold · $550,000 · fell apart Jan 26, 2026
- 8907 W Telfair Circle W, WilmingtonSold · $583,000 · fell apart Jan 22, 2026
- 3262 Camden Circle, WilmingtonSold · $300,000 · fell apart Jan 21, 2026
- 5413 Park Avenue, WilmingtonSold · $460,000 · fell apart Jan 21, 2026
- 907 N 11th Street, WilmingtonSold · $319,000 · fell apart Jan 20, 2026
- 114 S 16th Street, WilmingtonSold · $315,000 · fell apart Jan 19, 2026
- 3300 Upton Court, WilmingtonSold · $580,000 · fell apart Jan 16, 2026
- 201 Small Dove Court, WilmingtonSold · $535,000 · fell apart Jan 16, 2026
- 310 White Swan Court, WilmingtonSold · $710,000 · fell apart Jan 16, 2026
- 8335 Vintage Club Circle, WilmingtonSold · $650,000 · fell apart Jan 15, 2026
- 4529 Holly Tree Road 701, WilmingtonSold · $182,000 · fell apart Jan 14, 2026
- 8912 Shipwatch Drive, WilmingtonSold · $1,325,000 · fell apart Jan 14, 2026
- 1904 Sand Dollar Court, Kure BeachSold · $925,000 · fell apart Jan 13, 2026
- 100 Edgewater Lane, WilmingtonSold · $2,075,000 · fell apart Jan 9, 2026
- 7725 Marymount Drive, WilmingtonSold · $410,000 · fell apart Jan 9, 2026
- 208 Hamlet Avenue, Carolina BeachSold · $575,000 · fell apart Jan 8, 2026
- 802 Bryce Court H, WilmingtonSold · $205,000 · fell apart Jan 7, 2026
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?
45 of about 265 contracts for resale homes in New Hanover County fell apart in January 2026 — about 1 in 6.
What does a failed contract cost a seller in New Hanover County?
About $8,000 on a typical $446,750 home — 54 extra days of holding costs (about $107 a day with a mortgage) plus a 0.5-point lower sale price. With no mortgage it's about $4,200.
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 January 2026 only.