Estimated cost of a dead deal
$17,700
on a typical $278,000 home with a mortgage · $14,500 if it's paid off
- Contracts that fell apart
- 15% about 1 in 7 · 33 of 218
- Extra days on the market
- 72 89 vs. 17 on the first contract
- Lower sale price
- 4.5 pts 94.8% vs. 99.3% of first asking
- Never sold at all
- 14% of the homes whose deal died
When a deal dies on a home 10–19 years old in Richlands, it costs the seller about $17,700
33 of about 218 contracts for homes 10–19 years old in Richlands fell apart over the last 12 months — about 1 in 7. The ones that sold later took 72 more days and sold for 4.5 points less of their first asking price than homes that closed on the first contract. And 14% of the homes whose deal died never sold at all.
- Holding costs run about $72 a day on a typical $278,000 home — 72 extra days is about $5,190.
- The price scar alone is about $12,500 on a $278,000 home.
- Where the MLS kept the date, the contract lasted a median of 15 days before it fell apart.
- 33% came back on the market at a lower price (a median 3.1% 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.
$17,700
72 extra days at about $72 a day = $5,190 in holding costs, plus $12,510 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.
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 58% — after 89 days in all, for 94.8% of the first price
- Still trying 33% — back on the market or under contract again
- Never sold 9% — expired, canceled or withdrawn
Homes that sold on their first contract took 17 days and sold for 99.3% of their first price. 33% of the homes that came back on the market cut their price.
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 | 82 | 15% | 50 | 2.3 pts | $8,900 |
| No crawl space | 305 | 15% | 69 | 4.0 pts | $16,200 |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under $300K | 270 | 16% | 55 | 3.9 pts | $13,800 |
| $300–400K | 135 | 16% | 68 | 3.6 pts | $16,700 |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 238 Sweet Gum Lane, RichlandsBack on the market · $245,000 · fell apart Sep 17, 2026
- 135 Prelude Drive, RichlandsBack on the market · $359,900 · fell apart Sep 6, 2026
- 545 Koonce Fork Road, RichlandsBack on the market · $364,900 · fell apart May 20, 2026
Under contract again
Second try under way.
- 102 Prelude Drive, RichlandsUnder contract again · $285,000 · fell apart Sep 13, 2026
- 109 Pembury Way, RichlandsUnder contract again · $323,500 · fell apart Sep 12, 2026
- 124 Saint Road, RichlandsUnder contract again · $344,000 · fell apart Jul 13, 2026
- 112 Lilac Lane, RichlandsUnder contract again · $270,000 · fell apart Jun 27, 2026
- 404 Silva Cove, RichlandsUnder contract again · $250,000 · fell apart Mar 11, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 253 Sweet Gum Lane, RichlandsSold · $279,347 · fell apart Jul 15, 2026
- 506 Southwest Ridge Drive, RichlandsSold · $272,000 · fell apart Jul 12, 2026
- 202 High Meadow Court, RichlandsSold · $269,000 · fell apart Jul 10, 2026
- 311 Snow Bell Court, RichlandsSold · $220,000 · fell apart Jun 12, 2026
- 108 Braeburn Boulevard, RichlandsSold · $275,000 · fell apart Jun 10, 2026
- 436 Huffmantown Road, RichlandsSold · $299,000 · fell apart Apr 30, 2026
- 155 Prelude Drive, RichlandsSold · $292,500 · fell apart Apr 27, 2026
- 98 Meadow Farms Road, RichlandsSold · $239,900 · fell apart Mar 19, 2026
- 412 Midnight Drive, RichlandsSold · $236,900 · fell apart Mar 11, 2026
- 472 Comfort Road, RichlandsSold · $265,000 · fell apart Mar 2, 2026
- 108 Woods Run Circle, RichlandsSold · $338,000 · fell apart Jan 27, 2026
- 302 Esquire Drive, RichlandsSold · $355,000 · fell apart Jan 22, 2026
- 126 Landover Drive, RichlandsSold · $335,000 · fell apart Jan 9, 2026
- 123 Silver Queen Lane, RichlandsSold · $275,000 · fell apart Jan 6, 2026
- 102 Harmony Way, RichlandsSold · $223,065 · fell apart Jan 1, 2026
- 115 Flat Rock Lane, RichlandsSold · $315,000 · fell apart Dec 27, 2025
- 263 Sweet Gum Lane, RichlandsSold · $254,800 · fell apart Nov 26, 2025
- 222 Busch Drive, RichlandsSold · $201,400 · fell apart Oct 28, 2025
- 263 Sweet Gum Lane, RichlandsSold · $254,800 · fell apart Oct 20, 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 Richlands?
33 of about 218 contracts for homes 10–19 years old in Richlands fell apart over the last 12 months — about 1 in 7.
What does a failed contract cost a seller in Richlands?
About $17,700 on a typical $278,000 home — 72 extra days of holding costs (about $72 a day with a mortgage) plus a 4.5-point lower sale price. With no mortgage it's about $14,500.
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.