Estimated cost of a dead deal
$13,500
on a typical $385,000 home with a mortgage · $9,500 if it's paid off
- Contracts that fell apart
- 13% about 1 in 8 · 40 of 310
- Extra days on the market
- 65 83 vs. 18 on the first contract
- Lower sale price
- 1.9 pts 97.2% vs. 99.1% of first asking
- Never sold at all
- 23% of the homes whose deal died
When a deal dies on a home with no crawl space in Sneads Ferry, it costs the seller about $13,500
40 of about 310 contracts for homes with no crawl space (slab, basement or pilings) in Sneads Ferry fell apart over the last 12 months — about 1 in 8. The ones that sold later took 65 more days and sold for 1.9 points less of their first asking price than homes that closed on the first contract. And 23% of the homes whose deal died never sold at all.
- Holding costs run about $95 a day on a typical $385,000 home — 65 extra days is about $6,170.
- The price scar alone is about $7,300 on a $385,000 home.
- Where the MLS kept the date, the contract lasted a median of 28 days before it fell apart.
- 48% came back on the market at a lower price (a median 3.5% 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.
$13,500
65 extra days at about $95 a day = $6,168 in holding costs, plus $7,315 from a 1.9-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 $40/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 58% — after 83 days in all, for 97.2% of the first price
- Still trying 25% — back on the market or under contract again
- Never sold 18% — expired, canceled or withdrawn
Homes that sold on their first contract took 18 days and sold for 99.1% of their first price. 48% 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 | 146 | 11% | 55 | 1.9 pts | $13,300 |
| 10–19 yrs | 131 | 15% | 94 | 2.7 pts | $18,300 |
| 20–29 yrs | 62 | 19% | 43 | 0.4 pts | $5,800 |
| 30–49 yrs | 38 | 24% | 106 | 8.1 pts | $48,800 |
| 50+ yrs | 17 | 29% | — | — | — |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under $300K | 55 | 29% | 90 | 0.2 pts | $5,800 |
| $300–400K | 156 | 11% | 51 | 2.5 pts | $13,500 |
| $400–500K | 98 | 13% | 63 | 5.3 pts | $29,000 |
| $500–750K | 68 | 19% | 75 | 3.0 pts | $25,100 |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 527 Everett Glades, Sneads FerryBack on the market · $343,000 · fell apart Aug 20, 2026
- 123 Lawndale Lane, Sneads FerryBack on the market · $299,000 · fell apart Aug 18, 2026
- 108 Oyster Landing Drive, Sneads FerryBack on the market · $315,000 · fell apart Jul 20, 2026
- 113 Tillett Lane, Sneads FerryBack on the market · $207,000 · fell apart Jun 5, 2026
- 167 Evergreen Forest Court, Sneads FerryBack on the market · $429,000 · fell apart Jun 2, 2026
Under contract again
Second try under way.
- 147 Snow Goose Lane, Sneads FerryUnder contract again · $540,000 · fell apart Sep 8, 2026
- 415 Canvasback Lane, Sneads FerryUnder contract again · $449,900 · fell apart Aug 21, 2026
- 513 Saratoga Road, Sneads FerryUnder contract again · $497,500 · fell apart Jul 1, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 210 Marsh Haven Drive, Sneads FerrySold · $330,000 · fell apart Aug 18, 2026
- 1107 Mill Run Road, Sneads FerrySold · $295,000 · fell apart Aug 4, 2026
- 302 Whirlaway Boulevard, Sneads FerrySold · $308,500 · fell apart Jul 17, 2026
- 202 E Red Head Circle Lot 671, Sneads FerrySold · $495,000 · fell apart Jun 29, 2026
- 201 Silver Creek Loop, Sneads FerrySold · $377,000 · fell apart Jun 23, 2026
- 137 Evergreen Forest Drive, Sneads FerrySold · $512,000 · fell apart Jun 18, 2026
- 616 High Tide Drive, Sneads FerrySold · $484,000 · fell apart May 1, 2026
- 427 Sunfish Lane, Sneads FerrySold · $259,000 · fell apart Apr 3, 2026
- 211 Port Side Drive, Sneads FerrySold · $620,000 · fell apart Mar 17, 2026
- 780 Old Folkstone Road, Sneads FerrySold · $298,800 · fell apart Mar 4, 2026
- 248 Marsh Haven Drive, Sneads FerrySold · $345,000 · fell apart Jan 8, 2026
- 119 Lawndale Lane, Sneads FerrySold · $250,000 · fell apart Dec 26, 2025
- 931 Needlerush Road, Sneads FerrySold · $519,000 · fell apart Dec 9, 2025
- 248 Breakwater Drive, Sneads FerrySold · $325,000 · fell apart Dec 4, 2025
- 157 Bridgeport Drive, Sneads FerrySold · $370,000 · fell apart Dec 1, 2025
- 148 Singleton Street, Sneads FerrySold · $1,065,000 · fell apart Nov 25, 2025
- 250 Riverside Drive, Sneads FerrySold · $350,000 · fell apart Nov 19, 2025
- 503 Stone Crab Lane, Sneads FerrySold · $299,900 · fell apart Nov 19, 2025
- 607 Coral Reef Court, Sneads FerrySold · $465,000 · fell apart Nov 14, 2025
- 10 Bay Drive, Sneads FerrySold · $485,000 · fell apart Nov 12, 2025
- 103 Grangers Court, Sneads FerrySold · $350,000 · fell apart Nov 7, 2025
- 313 Red Cedar Drive, Sneads FerrySold · $530,000 · fell apart Nov 5, 2025
- 528 Oyster Rock Lane, Sneads FerrySold · $218,000 · fell apart Oct 21, 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 Sneads Ferry?
40 of about 310 contracts for homes with no crawl space (slab, basement or pilings) in Sneads Ferry fell apart over the last 12 months — about 1 in 8.
What does a failed contract cost a seller in Sneads Ferry?
About $13,500 on a typical $385,000 home — 65 extra days of holding costs (about $95 a day with a mortgage) plus a 1.9-point lower sale price. With no mortgage it's about $9,500.
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.