Estimated cost of a dead deal
$16,600
on a typical $575,000 home with a mortgage · $13,900 if it's paid off
- Contracts that fell apart
- 13% about 1 in 8 · 28 of 218
- Extra days on the market
- 30 46 vs. 16 on the first contract
- Lower sale price
- 2.2 pts 96.3% vs. 98.5% of first asking
- Never sold at all
- 8% of the homes whose deal died
When a deal dies on a home listed $500K–$750K in ZIP 28409, it costs the seller about $16,600
28 of about 218 contracts for homes listed $500K–$750K in ZIP 28409 fell apart over the last 12 months — about 1 in 8. The ones that sold later took 30 more days and sold for 2.2 points less of their first asking price than homes that closed on the first contract. And 8% of the homes whose deal died never sold at all.
- Holding costs run about $132 a day on a typical $575,000 home — 30 extra days is about $3,960.
- The price scar alone is about $12,700 on a $575,000 home.
- 29% came back on the market at a lower price (a median 7.0% 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.
$16,600
30 extra days at about $132 a day = $3,965 in holding costs, plus $12,650 from a 2.2-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 $34/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 79% — after 46 days in all, for 96.3% of the first price
- Still trying 14% — back on the market or under contract again
- Never sold 7% — expired, canceled or withdrawn
Homes that sold on their first contract took 16 days and sold for 98.5% of their first price. 29% of the homes that came back on the market cut their price.
By age of the home
Older homes give inspectors more to find.
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 | 302 | 14% | 60 | 4.4 pts | $31,500 |
| No crawl space | 338 | 14% | 17 | 1.5 pts | $10,000 |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 5732 Brown Pelican Lane, WilmingtonBack on the market · $600,000 · fell apart Oct 2, 2026
- 6033 Shiloh Drive, WilmingtonBack on the market · $519,900 · fell apart Sep 30, 2026
- 912 Hazel Bill Court, WilmingtonBack on the market · $715,000 · fell apart Jul 23, 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
- 914 Greenhowe Drive, WilmingtonSold · $465,000 · fell apart Jul 1, 2026
- 4921 Crosswinds Drive, WilmingtonSold · $465,000 · fell apart Jun 27, 2026
- 5315 Megans Place Drive, WilmingtonSold · $715,000 · fell apart Jun 19, 2026
- 1422 Big Cypress Loop, WilmingtonSold · $622,500 · fell apart May 30, 2026
- 5517 Dunmore Road, WilmingtonSold · $520,000 · fell apart May 21, 2026
- 810 Bragg Drive, WilmingtonSold · $530,000 · fell apart May 19, 2026
- 3309 Raynor Court, WilmingtonSold · $650,000 · fell apart May 4, 2026
- 1136 Lt Congleton Road, WilmingtonSold · $670,000 · fell apart May 2, 2026
- 4245 Moorland Lane, WilmingtonSold · $585,000 · fell apart May 1, 2026
- 318 Buccaneer Road, WilmingtonSold · $475,000 · fell apart May 1, 2026
- 4965 Wythe Place, WilmingtonSold · $530,000 · fell apart Apr 29, 2026
- 118 N Hampton Road N, WilmingtonSold · $525,000 · fell apart Apr 22, 2026
- 4233 Moorland Lane, WilmingtonSold · $597,750 · fell apart Apr 18, 2026
- 132 Egret Point Road, WilmingtonSold · $480,000 · fell apart Mar 7, 2026
- 4809 W Grove Drive, WilmingtonSold · $523,500 · fell apart Feb 28, 2026
- 3300 Upton Court, WilmingtonSold · $580,000 · fell apart Jan 16, 2026
- 4922 Woods Edge Road, WilmingtonSold · $538,900 · fell apart Nov 22, 2025
- 113 Yorkshire Lane, WilmingtonSold · $565,000 · fell apart Nov 20, 2025
- 716 Benchmark Court, WilmingtonSold · $437,500 · fell apart Nov 10, 2025
- 1458 Big Cypress Loop, WilmingtonSold · $649,000 · fell apart Nov 6, 2025
- 110 Cabbage Inlet Lane, WilmingtonSold · $720,000 · 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 ZIP 28409?
28 of about 218 contracts for homes listed $500K–$750K in ZIP 28409 fell apart over the last 12 months — about 1 in 8.
What does a failed contract cost a seller in ZIP 28409?
About $16,600 on a typical $575,000 home — 30 extra days of holding costs (about $132 a day with a mortgage) plus a 2.2-point lower sale price. With no mortgage it's about $13,900.
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.