Estimated cost of a dead deal
$18,600
on a typical $450,000 home with a mortgage · $16,600 if it's paid off
- Contracts that fell apart
- 16% about 1 in 6 · 26 of 163
- Extra days on the market
- 27 46 vs. 19 on the first contract
- Lower sale price
- 3.5 pts 94.1% vs. 97.6% of first asking
- Never sold at all
- 12% of the homes whose deal died
When a deal dies on a home 30–49 years old in ZIP 28411, it costs the seller about $18,600
26 of about 163 contracts for homes 30–49 years old in ZIP 28411 fell apart over the last 12 months — about 1 in 6. The ones that sold later took 27 more days and sold for 3.5 points less of their first asking price than homes that closed on the first contract. And 12% of the homes whose deal died never sold at all.
- Holding costs run about $105 a day on a typical $450,000 home — 27 extra days is about $2,830.
- The price scar alone is about $15,800 on a $450,000 home.
- 54% came back on the market at a lower price (a median 4.3% 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.
$18,600
27 extra days at about $105 a day = $2,832 in holding costs, plus $15,750 from a 3.5-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 46 days in all, for 94.1% of the first price
- Still trying 35% — back on the market or under contract again
- Never sold 8% — expired, canceled or withdrawn
Homes that sold on their first contract took 19 days and sold for 97.6% of their first price. 54% 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 | 211 | 19% | 75 | 5.9 pts | $50,600 |
| No crawl space | 431 | 9% | 33 | 1.7 pts | $10,000 |
By first asking price
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 6617 Windingwood Lane, WilmingtonBack on the market · $768,000 · fell apart Aug 31, 2026
- 1303 Shenandoah Street, WilmingtonBack on the market · $475,000 · fell apart Aug 12, 2026
- 1224 Williamsburg Court, WilmingtonBack on the market · $859,900 · fell apart Aug 6, 2026
- 2645 Scotts Hill Loop Road, WilmingtonBack on the market · $965,000 · fell apart Aug 2, 2026
- 403 Beach Road N, WilmingtonBack on the market · $3,895,000 · fell apart May 28, 2026
Under contract again
Second try under way.
- 233 High Tide Drive, WilmingtonUnder contract again · $479,000 · fell apart Sep 3, 2026
- 7417 Montfaye Court, WilmingtonUnder contract again · $355,000 · fell apart Apr 27, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 613 Bay Blossom Drive, WilmingtonSold · $351,000 · fell apart Aug 28, 2026
- 404 Porters Neck Road, WilmingtonSold · $335,000 · fell apart Aug 15, 2026
- 811 Gordon Woods Road, WilmingtonSold · $339,000 · fell apart Jul 16, 2026
- 361 Friday Drive, WilmingtonSold · $409,000 · fell apart Jun 24, 2026
- 235 Long John Silver Drive, WilmingtonSold · $400,000 · fell apart May 18, 2026
- 1014 Wild Dunes Circle, WilmingtonSold · $525,000 · fell apart May 4, 2026
- 209 Elmhurst Road, WilmingtonSold · $325,000 · fell apart Apr 29, 2026
- 305 Pioneer Court, WilmingtonSold · $440,000 · fell apart Apr 23, 2026
- 131 Meadowood Drive, WilmingtonSold · $330,000 · fell apart Mar 16, 2026
- 8335 Vintage Club Circle, WilmingtonSold · $650,000 · fell apart Jan 15, 2026
- 814 Bay Blossom Drive, WilmingtonSold · $315,000 · fell apart Jan 1, 2026
- 2745 Scotts Hill Loop Road, WilmingtonSold · $502,000 · fell apart Dec 16, 2025
- 141 Hargrove Drive, WilmingtonSold · $281,800 · fell apart Oct 16, 2025
- 546 Aquarius Drive, WilmingtonSold · $539,000 · fell apart Oct 15, 2025
- 126 Francis Marion Drive, WilmingtonSold · $451,500 · fell apart Oct 8, 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 28411?
26 of about 163 contracts for homes 30–49 years old in ZIP 28411 fell apart over the last 12 months — about 1 in 6.
What does a failed contract cost a seller in ZIP 28411?
About $18,600 on a typical $450,000 home — 27 extra days of holding costs (about $105 a day with a mortgage) plus a 3.5-point lower sale price. With no mortgage it's about $16,600.
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.