Estimated cost of a dead deal
$12,600
on a typical $375,000 home with a mortgage · $9,900 if it's paid off
- Contracts that fell apart
- 14% about 1 in 7 · 84 of 613
- Extra days on the market
- 46 74 vs. 28 on the first contract
- Lower sale price
- 2.2 pts 95.3% vs. 97.5% of first asking
- Never sold at all
- 17% of the homes whose deal died
When a deal dies on a home with no crawl space in ZIP 28412, it costs the seller about $12,600
84 of about 613 contracts for homes with no crawl space (slab, basement or pilings) in ZIP 28412 fell apart over the last 12 months — about 1 in 7. The ones that sold later took 46 more days and sold for 2.2 points less of their first asking price than homes that closed on the first contract. And 17% of the homes whose deal died never sold at all.
- Holding costs run about $96 a day on a typical $375,000 home — 46 extra days is about $4,400.
- The price scar alone is about $8,300 on a $375,000 home.
- Where the MLS kept the date, the contract lasted a median of 22 days before it fell apart.
- 35% 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.
$12,600
46 extra days at about $96 a day = $4,397 in holding costs, plus $8,250 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 $135/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 68% — after 74 days in all, for 95.3% of the first price
- Still trying 18% — back on the market or under contract again
- Never sold 14% — expired, canceled or withdrawn
Homes that sold on their first contract took 28 days and sold for 97.5% of their first price. 35% of the homes that came back on the market cut their price.
When deals fall apart
Weeks after the home went under contract. Most die in the first few weeks — the inspection and due diligence window — and the rest over the appraisal, the loan or the closing.
- Week 12
- Week 23
- Week 34
- Week 42
- Week 52
- Week 60
- Week 71
- Week 82
- Later4
Based on the 20 deals where the MLS kept the contract date (median: 22 days).
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 |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under $300K | 191 | 15% | 80 | 4.7 pts | $17,400 |
| $300–400K | 222 | 13% | 65 | 2.6 pts | $14,700 |
| $400–500K | 153 | 14% | 38 | 0.7 pts | $7,000 |
| $500–750K | 217 | 14% | 41 | 2.9 pts | $22,000 |
| $750K–1M | 57 | 18% | 87 | 0.0 pts | $15,300 |
| $1M+ | 16 | 19% | — | — | — |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 1136 Snowden Road, WilmingtonBack on the market · $450,000 · fell apart Sep 19, 2026
- 4103 Breezewood Drive Apt 204, WilmingtonBack on the market · $272,000 · fell apart Aug 20, 2026
- 443 Deveraux Drive, WilmingtonBack on the market · $534,000 · fell apart Aug 8, 2026
- 2702 S 17th Street Apt A, WilmingtonBack on the market · $189,900 · fell apart Aug 3, 2026
- 713 Cecil Point, WilmingtonBack on the market · $795,000 · fell apart Jul 30, 2026
- 602 Walston Drive, WilmingtonBack on the market · $383,900 · fell apart Jul 29, 2026
- 3334 Oyster Tabby Drive, WilmingtonBack on the market · $879,000 · fell apart Jun 24, 2026
- 4416 Jay Bird Circle Unit 201, WilmingtonBack on the market · $220,000 · fell apart May 26, 2026
Under contract again
Second try under way.
- 1500 Cadfel Court Unit 302, WilmingtonUnder contract again · $240,000 · fell apart Aug 2, 2026
- 4008 Ruddy Duck Way, WilmingtonUnder contract again · $547,500 · fell apart Jun 23, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 6300 Baylor Drive, WilmingtonSold · $285,000 · fell apart Aug 26, 2026
- 338 Windchime Drive, WilmingtonSold · $490,000 · fell apart Aug 20, 2026
- 3006 Laughing Gull Terrace, WilmingtonSold · $470,000 · fell apart Aug 17, 2026
- 232 Trisail Terrace, WilmingtonSold · $565,000 · fell apart Aug 17, 2026
- 618 Condo Club Drive Unit 308, WilmingtonSold · $210,000 · fell apart Aug 9, 2026
- 1402 Admiral Way, WilmingtonSold · $730,000 · fell apart Aug 4, 2026
- 4443 Holly Tree Road, WilmingtonSold · $183,000 · fell apart Jul 31, 2026
- 7959 Huron Drive, WilmingtonSold · $500,000 · fell apart Jul 14, 2026
- 4502 Regent Drive, WilmingtonSold · $385,000 · fell apart Jun 30, 2026
- 3350 Oyster Tabby Drive, WilmingtonSold · $745,000 · fell apart Jun 22, 2026
- 225 Angel Island Road, WilmingtonSold · $297,000 · fell apart Jun 5, 2026
- 3783 Merestone Drive, WilmingtonSold · $253,000 · fell apart Jun 3, 2026
- 215 Valencia Court Unit 203, WilmingtonSold · $245,000 · fell apart Jun 1, 2026
- 613 E Telfair Circle, WilmingtonSold · $445,000 · fell apart May 29, 2026
- 937 Lorraine Drive, WilmingtonSold · $395,000 · fell apart May 21, 2026
- 753 Edgerton Drive, WilmingtonSold · $530,000 · fell apart May 3, 2026
- 123 Longstreet Drive Apt 101, WilmingtonSold · $241,000 · fell apart May 3, 2026
- 4721 Siddons Drive, WilmingtonSold · $424,000 · fell apart Apr 24, 2026
- 4421 Jay Bird Circle Unit 106, WilmingtonSold · $235,000 · fell apart Apr 24, 2026
- 619 E Telfair Circle, WilmingtonSold · $432,000 · fell apart Apr 23, 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
- 8308 Lakeview Drive, WilmingtonSold · $800,000 · fell apart Apr 17, 2026
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?
84 of about 613 contracts for homes with no crawl space (slab, basement or pilings) 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 $12,600 on a typical $375,000 home — 46 extra days of holding costs (about $96 a day with a mortgage) plus a 2.2-point lower sale price. With no mortgage it's about $9,900.
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.