Estimated cost of a dead deal
$53,400
on a typical $824,500 home with a mortgage · $41,700 if it's paid off
- Contracts that fell apart
- 19% about 1 in 5 · 81 of 426
- Extra days on the market
- 89 114 vs. 25 on the first contract
- Lower sale price
- 4.5 pts 92.8% vs. 97.3% of first asking
- Never sold at all
- 40% of the homes whose deal died
When a deal dies on a home listed $750K–$1M in New Hanover County, it costs the seller about $53,400
81 of about 426 contracts for homes listed $750K–$1M in New Hanover County fell apart over the last 12 months — about 1 in 5. The ones that sold later took 89 more days and sold for 4.5 points less of their first asking price than homes that closed on the first contract. And 40% of the homes whose deal died never sold at all.
- Holding costs run about $183 a day on a typical $824,500 home — 89 extra days is about $16,270.
- The price scar alone is about $37,100 on a $824,500 home.
- Where the MLS kept the date, the contract lasted a median of 21 days before it fell apart.
- 30% came back on the market at a lower price (a median 7.2% 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.
$53,400
89 extra days at about $183 a day = $16,273 in holding costs, plus $37,103 from a 4.5-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 $75/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.
What happened next
- Sold later 42% — after 114 days in all, for 92.8% of the first price
- Still trying 30% — back on the market or under contract again
- Never sold 28% — expired, canceled or withdrawn
Homes that sold on their first contract took 25 days and sold for 97.3% of their first price. 30% of the homes that came back on the market cut their price.
When deals fall apart
Weeks after the home went under contract. Most die in the first few weeks — the inspection and due diligence window — and the rest over the appraisal, the loan or the closing.
- Week 12
- Week 27
- Week 35
- Week 45
- Week 52
- Week 61
- Week 74
- Week 81
- Later3
Based on the 30 deals where the MLS kept the contract date (median: 21 days).
By age of the home
Older homes give inspectors more to find.
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under 10 yrs | 658 | 13% | 33 | 2.1 pts | $16,700 |
| 10–19 yrs | 374 | 12% | 98 | 3.7 pts | $33,000 |
| 20–29 yrs | 1,102 | 14% | 54 | 3.6 pts | $21,100 |
| 30–49 yrs | 1,277 | 17% | 43 | 1.8 pts | $12,200 |
| 50+ yrs | 934 | 23% | 65 | 5.3 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 | 1,568 | 18% | 70 | 4.0 pts | $28,400 |
| No crawl space | 2,609 | 15% | 39 | 2.6 pts | $15,700 |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 422 Settlers Lane, Kure BeachBack on the market · $810,000 · fell apart Sep 28, 2026
- 318 Colonial Drive, WilmingtonBack on the market · $910,000 · fell apart Sep 25, 2026
- 618 S Fourth Avenue 1, Kure BeachBack on the market · $699,000 · fell apart Sep 3, 2026
- 6617 Windingwood Lane, WilmingtonBack on the market · $768,000 · fell apart Aug 31, 2026
- 1231 Pinfish Lane, Carolina BeachBack on the market · $850,000 · fell apart Aug 27, 2026
- 1407 Searay Lane Unit 2, Carolina BeachBack on the market · $809,999 · fell apart Aug 20, 2026
- 902 Fifth Street S A & B, Carolina BeachBack on the market · $748,000 · fell apart Aug 19, 2026
- 305 Ivy Lane, Carolina BeachBack on the market · $789,900 · fell apart Aug 16, 2026
- 3115 Joe Wheeler Drive, WilmingtonBack on the market · $747,000 · fell apart Aug 11, 2026
- 1224 Williamsburg Court, WilmingtonBack on the market · $859,900 · fell apart Aug 6, 2026
- 713 Cecil Point, WilmingtonBack on the market · $795,000 · fell apart Jul 30, 2026
- 1205 Swordfish Lane Unit 2, Carolina BeachBack on the market · $740,000 · fell apart Jul 11, 2026
- 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
- 1800 Canal Drive 111, Carolina BeachBack on the market · $795,000 · fell apart Apr 17, 2026
- 1800 Canal Drive 108, Carolina BeachBack on the market · $799,000 · fell apart Apr 17, 2026
- 2 Clam Shell Lane Unit 9, Carolina BeachBack on the market · $699,000 · fell apart Mar 28, 2026
Under contract again
Second try under way.
- 103 Georgia Avenue, Carolina BeachUnder contract again · $750,000 · fell apart May 28, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 1846 Glen Eagles Lane, WilmingtonSold · $745,000 · fell apart Aug 18, 2026
- 1102 Canal Drive Unit A, Carolina BeachSold · $825,000 · fell apart Jun 27, 2026
- 5613 Pinecone Place, WilmingtonSold · $800,000 · fell apart Jun 23, 2026
- 3350 Oyster Tabby Drive, WilmingtonSold · $745,000 · fell apart Jun 22, 2026
- 2 Clam Shell Lane Unit 7, Carolina BeachSold · $700,000 · fell apart Jun 4, 2026
- 1715 Carolina Beach Avenue N, Carolina BeachSold · $850,000 · fell apart May 27, 2026
- 214 Fifth Avenue N, Kure BeachSold · $720,000 · fell apart May 20, 2026
- 240 N Water Street 1154, WilmingtonSold · $790,000 · fell apart May 14, 2026
- 704 Carolina Beach Avenue S, Carolina BeachSold · $810,000 · fell apart May 13, 2026
- 1916 Hawthorne Road, WilmingtonSold · $825,000 · fell apart Apr 21, 2026
- 1800 Canal Drive 304, Carolina BeachSold · $675,000 · fell apart Apr 17, 2026
- 8308 Lakeview Drive, WilmingtonSold · $800,000 · fell apart Apr 17, 2026
- 1801 Grace Street, WilmingtonSold · $675,000 · fell apart Apr 16, 2026
- 419 S Front Street, WilmingtonSold · $748,000 · fell apart Apr 6, 2026
- 309 Stradleigh Road, WilmingtonSold · $725,000 · fell apart Mar 27, 2026
- 7125 Saybrook Drive, WilmingtonSold · $930,000 · fell apart Mar 26, 2026
- 1712 Herons View Drive, WilmingtonSold · $865,000 · fell apart Mar 19, 2026
- 418 Columbia Avenue, Carolina BeachSold · $780,000 · fell apart Mar 16, 2026
- 313 Lord Drive, WilmingtonSold · $781,000 · fell apart Mar 7, 2026
- 5416 Andrews Reach Loop, WilmingtonSold · $895,000 · fell apart Mar 6, 2026
- 6533 Chalfont Circle, WilmingtonSold · $865,000 · fell apart Mar 2, 2026
- 8119 Yellow Daisy Drive, WilmingtonSold · $840,000 · fell apart Mar 1, 2026
- 1279 Pandion Drive, WilmingtonSold · $695,000 · fell apart Feb 1, 2026
- 8396 Penny Royal Lane, WilmingtonSold · $560,000 · fell apart Jan 30, 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?
81 of about 426 contracts for homes listed $750K–$1M in New Hanover County fell apart over the last 12 months — about 1 in 5.
What does a failed contract cost a seller in New Hanover County?
About $53,400 on a typical $824,500 home — 89 extra days of holding costs (about $183 a day with a mortgage) plus a 4.5-point lower sale price. With no mortgage it's about $41,700.
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.