Estimated cost of a dead deal
$8,900
on a typical $485,000 home with a mortgage · $6,500 if it's paid off
- Contracts that fell apart
- 14% about 1 in 7 · 65 of 457
- Extra days on the market
- 31 51 vs. 20 on the first contract
- Lower sale price
- 1.1 pts 96.3% vs. 97.4% of first asking
- Never sold at all
- 16% of the homes whose deal died
When a deal died in New Hanover County in June 2026, it cost the seller about $8,900
65 of about 457 contracts for resale homes in New Hanover County fell apart in June 2026 — about 1 in 7. The ones that sold later took 31 more days and sold for 1.1 points less of their first asking price than homes that closed on the first contract. And 16% of the homes whose deal died never sold at all. That's up 0.5 points from June 2025.
- Holding costs run about $115 a day on a typical $485,000 home — 31 extra days is about $3,550.
- The price scar alone is about $5,300 on a $485,000 home.
- Where the MLS kept the date, the contract lasted a median of 19 days before it fell apart.
- 40% came back on the market at a lower price (a median 4.2% 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.
$8,900
31 extra days at about $115 a day = $3,551 in holding costs, plus $5,335 from a 1.1-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 $47/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 | |
|---|---|---|---|---|
| June 2026 | 14% | 65 | 457 | $8,900 |
| Month before | 19% | 81 | 433 | $25,500 |
| Same month last year | 14% | 61 | 444 | $16,000 |
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 58% — after 51 days in all, for 96.3% of the first price
- Still trying 31% — back on the market or under contract again
- Never sold 11% — expired, canceled or withdrawn
Homes that sold on their first contract took 20 days and sold for 97.4% of their first price. 40% 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 | 77 | 9% | — | — | — |
| 10–19 yrs | 33 | 12% | — | — | — |
| 20–29 yrs | 115 | 14% | 30 | 0.0 pts | $3,000 |
| 30–49 yrs | 140 | 15% | 24 | 3.0 pts | $17,000 |
| 50+ yrs | 92 | 19% | 37 | 0.0 pts | $3,700 |
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 | 173 | 16% | 46 | 3.5 pts | $25,000 |
| No crawl space | 270 | 14% | 27 | 0.7 pts | $6,000 |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under $300K | 70 | 21% | 39 | 3.7 pts | $11,400 |
| $300–400K | 96 | 18% | 13 | 0.0 pts | $1,100 |
| $400–500K | 72 | 7% | — | — | — |
| $500–750K | 119 | 11% | 43 | 6.4 pts | $42,600 |
| $750K–1M | 47 | 15% | — | — | — |
| $1M+ | 53 | 15% | — | — | — |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 109 Green Turtle Lane, Carolina BeachBack on the market · $899,500 · fell apart Jun 30, 2026
- 3334 Oyster Tabby Drive, WilmingtonBack on the market · $879,000 · fell apart Jun 24, 2026
- 505 Carolina Beach Avenue N Unit 1f, Carolina BeachBack on the market · $429,000 · fell apart Jun 23, 2026
- 102 Maypop Lane, WilmingtonBack on the market · $635,000 · fell apart Jun 14, 2026
- 109 Pine Clay Road, WilmingtonBack on the market · $329,000 · fell apart Jun 3, 2026
- 109 Pine Clay Road, WilmingtonBack on the market · $329,000 · fell apart Jun 3, 2026
- 2220 Klein Road, WilmingtonBack on the market · $225,000 · fell apart Jun 3, 2026
Under contract again
Second try under way.
- 2301 Parham Drive, WilmingtonUnder contract again · $1,150,000 · fell apart Jun 30, 2026
- 2319 N Lumina Avenue Unit B, Wrightsville BeachUnder contract again · $1,650,000 · fell apart Jun 24, 2026
- 4008 Ruddy Duck Way, WilmingtonUnder contract again · $547,500 · fell apart Jun 23, 2026
- 902 Bryan Avenue, WilmingtonUnder contract again · $290,000 · fell apart Jun 10, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 4502 Regent Drive, WilmingtonSold · $385,000 · fell apart Jun 30, 2026
- 4921 Crosswinds Drive, WilmingtonSold · $465,000 · fell apart Jun 27, 2026
- 1102 Canal Drive Unit A, Carolina BeachSold · $825,000 · fell apart Jun 27, 2026
- 400 Dogwood Lane, WilmingtonSold · $350,000 · fell apart Jun 26, 2026
- 5402 Eastwind Road, WilmingtonSold · $485,000 · fell apart Jun 26, 2026
- 803 Spy Glass Court, WilmingtonSold · $367,000 · fell apart Jun 26, 2026
- 361 Friday Drive, WilmingtonSold · $409,000 · fell apart Jun 24, 2026
- 5613 Pinecone Place, WilmingtonSold · $800,000 · fell apart Jun 23, 2026
- 129 Glendale Drive, WilmingtonSold · $295,000 · fell apart Jun 23, 2026
- 10 W Columbia Street W A, Wrightsville BeachSold · $2,125,000 · fell apart Jun 23, 2026
- 805 Adelaide Drive, WilmingtonSold · $400,000 · fell apart Jun 22, 2026
- 3350 Oyster Tabby Drive, WilmingtonSold · $745,000 · fell apart Jun 22, 2026
- 2940 Oleander Drive A2, WilmingtonSold · $153,000 · fell apart Jun 20, 2026
- 205 Spartan Road, WilmingtonSold · $570,000 · fell apart Jun 19, 2026
- 5315 Megans Place Drive, WilmingtonSold · $715,000 · fell apart Jun 19, 2026
- 216 Olde Well Loop Road, WilmingtonSold · $373,000 · fell apart Jun 19, 2026
- 4621 Indian Trail, WilmingtonSold · $277,000 · fell apart Jun 18, 2026
- 4127 Cape Landing Road, Castle HayneSold · $500,000 · fell apart Jun 17, 2026
- 545 Dungannon Boulevard, WilmingtonSold · $1,600,000 · fell apart Jun 15, 2026
- 1936 Prestwick Lane, WilmingtonSold · $645,000 · fell apart Jun 12, 2026
- 8401 Fazio Drive, WilmingtonSold · $1,050,000 · fell apart Jun 11, 2026
- 505 S 5th Avenue, WilmingtonSold · $630,000 · fell apart Jun 11, 2026
- 802 Garrison Court, WilmingtonSold · $310,000 · fell apart Jun 10, 2026
- 4814 Exton Park Loop, Castle HayneSold · $250,000 · fell apart Jun 9, 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?
65 of about 457 contracts for resale homes in New Hanover County fell apart in June 2026 — about 1 in 7.
What does a failed contract cost a seller in New Hanover County?
About $8,900 on a typical $485,000 home — 31 extra days of holding costs (about $115 a day with a mortgage) plus a 1.1-point lower sale price. With no mortgage it's about $6,500.
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 June 2026 only.