Estimated cost of a dead deal
$28,400
on a typical $525,000 home with a mortgage · $23,100 if it's paid off
- Contracts that fell apart
- 12% about 1 in 8 · 38 of 323
- Extra days on the market
- 64 95 vs. 31 on the first contract
- Lower sale price
- 3.9 pts 93.4% vs. 97.3% of first asking
- Never sold at all
- 21% of the homes whose deal died
When a deal dies on a home 10–19 years old in Wilmington, it costs the seller about $28,400
38 of about 323 contracts for homes 10–19 years old in Wilmington fell apart over the last 12 months — about 1 in 8. The ones that sold later took 64 more days and sold for 3.9 points less of their first asking price than homes that closed on the first contract. And 21% of the homes whose deal died never sold at all.
- Holding costs run about $124 a day on a typical $525,000 home — 64 extra days is about $7,950.
- The price scar alone is about $20,500 on a $525,000 home.
- Where the MLS kept the date, the contract lasted a median of 28 days before it fell apart.
- 21% came back on the market at a lower price (a median 5.5% 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.
$28,400
64 extra days at about $124 a day = $7,947 in holding costs, plus $20,475 from a 3.9-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 $105/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 61% — after 95 days in all, for 93.4% of the first price
- Still trying 24% — back on the market or under contract again
- Never sold 16% — expired, canceled or withdrawn
Homes that sold on their first contract took 31 days and sold for 97.3% of their first price. 21% 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 | 1,456 | 18% | 67 | 3.9 pts | $27,300 |
| No crawl space | 2,016 | 14% | 39 | 2.5 pts | $13,900 |
By first asking price
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 322 Lockerby Lane, WilmingtonBack on the market · $619,000 · fell apart Aug 29, 2026
- 115 Covil Avenue Unit 102, WilmingtonBack on the market · $190,000 · fell apart Aug 6, 2026
- 4416 Jay Bird Circle Unit 201, WilmingtonBack on the market · $220,000 · fell apart May 26, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 6027 Pine Laurel Drive, WilmingtonSold · $640,000 · fell apart Aug 14, 2026
- 5329 Leisure Circle, WilmingtonSold · $1,260,000 · fell apart Aug 13, 2026
- 618 Condo Club Drive Unit 308, WilmingtonSold · $210,000 · fell apart Aug 9, 2026
- 545 Dungannon Boulevard, WilmingtonSold · $1,600,000 · fell apart Jun 15, 2026
- 2906 Market Street Unit 202, WilmingtonSold · $138,000 · fell apart Jun 1, 2026
- 215 Valencia Court Unit 203, WilmingtonSold · $245,000 · fell apart Jun 1, 2026
- 5421 Edisto Drive, WilmingtonSold · $1,300,000 · fell apart May 26, 2026
- 1136 Lt Congleton Road, WilmingtonSold · $670,000 · fell apart May 2, 2026
- 4421 Jay Bird Circle Unit 106, WilmingtonSold · $235,000 · fell apart Apr 24, 2026
- 4149 Pine Hollow Drive, WilmingtonSold · $495,000 · fell apart Mar 13, 2026
- 6509 River Vista Drive, WilmingtonSold · $999,900 · fell apart Mar 13, 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
- 1532 Peace Lane, WilmingtonSold · $531,000 · fell apart Feb 25, 2026
- 1625 Soaring Spirit Drive, WilmingtonSold · $397,500 · fell apart Feb 14, 2026
- 6421 Fawn Settle Drive, WilmingtonSold · $380,000 · fell apart Feb 4, 2026
- 310 White Swan Court, WilmingtonSold · $710,000 · fell apart Jan 16, 2026
- 5010 Dockside Drive, WilmingtonSold · $1,060,000 · fell apart Dec 1, 2025
- 215 Valencia Court Unit 203, WilmingtonSold · $245,000 · fell apart Nov 21, 2025
- 108 S 9th Street, WilmingtonSold · $515,000 · fell apart Oct 30, 2025
- 5353 Leisure Circle, WilmingtonSold · $1,250,000 · fell apart Oct 17, 2025
- 133 Graystone Road, WilmingtonSold · $480,000 · fell apart Oct 15, 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 Wilmington?
38 of about 323 contracts for homes 10–19 years old in Wilmington fell apart over the last 12 months — about 1 in 8.
What does a failed contract cost a seller in Wilmington?
About $28,400 on a typical $525,000 home — 64 extra days of holding costs (about $124 a day with a mortgage) plus a 3.9-point lower sale price. With no mortgage it's about $23,100.
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.