Estimated cost of a dead deal
$14,700
on a typical $348,250 home with a mortgage · $11,100 if it's paid off
- Contracts that fell apart
- 13% about 1 in 8 · 28 of 222
- Extra days on the market
- 65 79 vs. 14 on the first contract
- Lower sale price
- 2.6 pts 95.7% vs. 98.3% of first asking
- Never sold at all
- 19% of the homes whose deal died
When a deal dies on a home listed $300K–$400K in ZIP 28412, it costs the seller about $14,700
28 of about 222 contracts for homes listed $300K–$400K in ZIP 28412 fell apart over the last 12 months — about 1 in 8. The ones that sold later took 65 more days and sold for 2.6 points less of their first asking price than homes that closed on the first contract. And 19% of the homes whose deal died never sold at all.
- Holding costs run about $86 a day on a typical $348,250 home — 65 extra days is about $5,610.
- The price scar alone is about $9,100 on a $348,250 home.
- 39% came back on the market at a lower price (a median 4.0% 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.
$14,700
65 extra days at about $86 a day = $5,608 in holding costs, plus $9,055 from a 2.6-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 $30/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 79 days in all, for 95.7% of the first price
- Still trying 4% — back on the market or under contract again
- Never sold 18% — expired, canceled or withdrawn
Homes that sold on their first contract took 14 days and sold for 98.3% of their first price. 39% 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 | 186 | 16% | 31 | 3.1 pts | $21,100 |
| 10–19 yrs | 91 | 11% | 110 | 7.8 pts | $53,900 |
| 20–29 yrs | 283 | 10% | 49 | 0.0 pts | $4,400 |
| 30–49 yrs | 197 | 15% | 65 | 0.6 pts | $7,800 |
| 50+ yrs | 98 | 22% | 59 | 2.8 pts | $15,000 |
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 | 216 | 15% | 79 | 1.1 pts | $13,300 |
| No crawl space | 613 | 14% | 46 | 2.2 pts | $12,600 |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 602 Walston Drive, WilmingtonBack on the market · $383,900 · fell apart Jul 29, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 6300 Baylor Drive, WilmingtonSold · $285,000 · fell apart Aug 26, 2026
- 320 Ilex Drive, WilmingtonSold · $310,000 · fell apart Jul 1, 2026
- 4502 Regent Drive, WilmingtonSold · $385,000 · fell apart Jun 30, 2026
- 805 Adelaide Drive, WilmingtonSold · $400,000 · fell apart Jun 22, 2026
- 225 Angel Island Road, WilmingtonSold · $297,000 · fell apart Jun 5, 2026
- 3825 Appleton Way, WilmingtonSold · $335,000 · fell apart May 14, 2026
- 4925 Pleasant Oaks Drive, WilmingtonSold · $350,000 · fell apart May 8, 2026
- 537 Chattooga Place Drive, WilmingtonSold · $359,900 · fell apart Apr 22, 2026
- 923 Wharton Avenue, WilmingtonSold · $312,500 · fell apart Apr 21, 2026
- 6709 Hailsham Drive, WilmingtonSold · $352,000 · fell apart Apr 20, 2026
- 3436 Regency Drive, WilmingtonSold · $285,900 · fell apart Apr 9, 2026
- 305 Saint Annes Moor, WilmingtonSold · $245,000 · fell apart Apr 5, 2026
- 4925 Pleasant Oaks Drive, WilmingtonSold · $350,000 · fell apart Apr 1, 2026
- 9402 Short Putt Court, WilmingtonSold · $370,000 · fell apart Jan 26, 2026
- 806 Midland Drive, WilmingtonSold · $335,900 · fell apart Jan 2, 2026
- 1010 Avenshire Circle, WilmingtonSold · $352,000 · fell apart Dec 17, 2025
- 128 Lehigh Road, WilmingtonSold · $344,000 · fell apart Dec 11, 2025
- 213 Santa Ana Drive, WilmingtonSold · $308,000 · fell apart Nov 18, 2025
- 7732 Trap Way, WilmingtonSold · $275,000 · fell apart Oct 30, 2025
- 6617 Sago Palm Drive, WilmingtonSold · $312,000 · fell apart Oct 16, 2025
- 7809 Trap Way, WilmingtonSold · $295,000 · fell apart Oct 9, 2025
- 6333 Stapleton Road, WilmingtonSold · $360,000 · 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 28412?
28 of about 222 contracts for homes listed $300K–$400K in ZIP 28412 fell apart over the last 12 months — about 1 in 8.
What does a failed contract cost a seller in ZIP 28412?
About $14,700 on a typical $348,250 home — 65 extra days of holding costs (about $86 a day with a mortgage) plus a 2.6-point lower sale price. With no mortgage it's about $11,100.
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.