Estimated cost of a dead deal
$7,000
on a typical $431,250 home with a mortgage · $4,400 if it's paid off
- Contracts that fell apart
- 14% about 1 in 7 · 21 of 153
- Extra days on the market
- 38 66 vs. 28 on the first contract
- Lower sale price
- 0.7 pts 97.2% vs. 97.9% of first asking
- Never sold at all
- 13% of the homes whose deal died
When a deal dies on a home listed $400K–$500K in ZIP 28412, it costs the seller about $7,000
21 of about 153 contracts for homes listed $400K–$500K in ZIP 28412 fell apart over the last 12 months — about 1 in 7. The ones that sold later took 38 more days and sold for 0.7 points less of their first asking price than homes that closed on the first contract. And 13% of the homes whose deal died never sold at all.
- Holding costs run about $104 a day on a typical $431,250 home — 38 extra days is about $3,960.
- The price scar alone is about $3,000 on a $431,250 home.
- 19% came back on the market at a lower price (a median 3.8% 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.
$7,000
38 extra days at about $104 a day = $3,959 in holding costs, plus $3,019 from a 0.7-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 $51/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 67% — after 66 days in all, for 97.2% of the first price
- Still trying 24% — back on the market or under contract again
- Never sold 10% — expired, canceled or withdrawn
Homes that sold on their first contract took 28 days and sold for 97.9% of their first price. 19% 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.
- 7501 Promontory Court, WilmingtonBack on the market · $387,500 · fell apart Oct 1, 2026
- 1136 Snowden Road, WilmingtonBack on the market · $450,000 · fell apart Sep 19, 2026
Under contract again
Second try under way.
- 4353 Jonathan Court, WilmingtonUnder contract again · $495,000 · fell apart Sep 24, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 3006 Laughing Gull Terrace, WilmingtonSold · $470,000 · fell apart Aug 17, 2026
- 613 E Telfair Circle, WilmingtonSold · $445,000 · fell apart May 29, 2026
- 312 Palmer Way, WilmingtonSold · $465,000 · fell apart May 26, 2026
- 937 Lorraine Drive, WilmingtonSold · $395,000 · fell apart May 21, 2026
- 4721 Siddons Drive, WilmingtonSold · $424,000 · fell apart Apr 24, 2026
- 619 E Telfair Circle, WilmingtonSold · $432,000 · fell apart Apr 23, 2026
- 1418 Stonington Drive, WilmingtonSold · $435,000 · fell apart Mar 18, 2026
- 4149 Pine Hollow Drive, WilmingtonSold · $495,000 · fell apart Mar 13, 2026
- 4907 Gate Post Lane, WilmingtonSold · $393,000 · fell apart Jan 6, 2026
- 112 Pitch Pine Court, WilmingtonSold · $422,500 · fell apart Dec 31, 2025
- 1102 Adelaide Drive, WilmingtonSold · $430,000 · fell apart Dec 22, 2025
- 342 Pine Valley Drive, WilmingtonSold · $457,500 · fell apart Nov 28, 2025
- 3628 Daufuskie Drive, WilmingtonSold · $460,000 · 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 28412?
21 of about 153 contracts for homes listed $400K–$500K in ZIP 28412 fell apart over the last 12 months — about 1 in 7.
What does a failed contract cost a seller in ZIP 28412?
About $7,000 on a typical $431,250 home — 38 extra days of holding costs (about $104 a day with a mortgage) plus a 0.7-point lower sale price. With no mortgage it's about $4,400.
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.