Estimated cost of a dead deal
$13,400
on a typical $254,500 home with a mortgage · $10,100 if it's paid off
- Contracts that fell apart
- 50% about 1 in 2 · 18 of 36
- Extra days on the market
- 83 98 vs. 15 on the first contract
- Lower sale price
- 3.1 pts 91.7% vs. 94.8% of first asking
- Never sold at all
- 46% of the homes whose deal died
When a deal dies on a home 50+ years old in ZIP 28425, it costs the seller about $13,400
18 of about 36 contracts for homes 50+ years old in ZIP 28425 fell apart over the last 12 months — about 1 in 2. The ones that sold later took 83 more days and sold for 3.1 points less of their first asking price than homes that closed on the first contract. And 46% of the homes whose deal died never sold at all.
- Holding costs run about $67 a day on a typical $254,500 home — 83 extra days is about $5,530.
- The price scar alone is about $7,900 on a $254,500 home.
- 28% came back on the market at a lower price (a median 4.7% 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.
$13,400
83 extra days at about $67 a day = $5,535 in holding costs, plus $7,890 from a 3.1-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 33% — after 98 days in all, for 91.7% of the first price
- Still trying 39% — back on the market or under contract again
- Never sold 28% — expired, canceled or withdrawn
Homes that sold on their first contract took 15 days and sold for 94.8% of their first price. 28% 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 | 75 | 32% | 79 | 2.3 pts | $12,800 |
| No crawl space | 41 | 22% | 39 | 1.9 pts | $10,300 |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under $300K | 48 | 27% | 81 | 0.0 pts | $5,100 |
| $300–400K | 48 | 31% | 23 | 1.8 pts | $8,300 |
| $400–500K | 12 | 17% | — | — | — |
| $500–750K | 13 | 31% | — | — | — |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 3698 Nc Highway 53 E, BurgawBack on the market · $514,100 · fell apart Sep 23, 2026
- 609 Jacksonville Highway, BurgawBack on the market · $225,000 · fell apart Sep 15, 2026
- 302 W Wilmington Street, BurgawBack on the market · $385,000 · fell apart Jun 2, 2026
- 2971 Penderlea Highway, BurgawBack on the market · $335,000 · fell apart Oct 9, 2025
Under contract again
Second try under way.
- 108 N Dickerson Street, BurgawUnder contract again · $150,000 · fell apart Jul 3, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 4324 N Nc Highway 53 E, BurgawSold · $150,000 · fell apart Jul 12, 2026
- 213 N Walker Street, BurgawSold · $136,000 · fell apart Jun 3, 2026
- 4314 E Nc Highway 53 E, BurgawSold · $275,000 · fell apart Feb 13, 2026
- 409 S Bodenheimer Street, BurgawSold · $35,000 · fell apart Dec 29, 2025
- 508 N Wright Street, BurgawSold · $269,900 · fell apart Nov 26, 2025
- 504 S Walker Street, BurgawSold · $380,000 · fell apart Oct 25, 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 28425?
18 of about 36 contracts for homes 50+ years old in ZIP 28425 fell apart over the last 12 months — about 1 in 2.
What does a failed contract cost a seller in ZIP 28425?
About $13,400 on a typical $254,500 home — 83 extra days of holding costs (about $67 a day with a mortgage) plus a 3.1-point lower sale price. With no mortgage it's about $10,100.
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.