Estimated cost of a dead deal
$30,700
on a typical $799,950 home with a mortgage · $22,100 if it's paid off
- Contracts that fell apart
- 19% about 1 in 5 · 18 of 97
- Extra days on the market
- 67 113 vs. 46 on the first contract
- Lower sale price
- 2.3 pts 94.2% vs. 96.5% of first asking
- Never sold at all
- 20% of the homes whose deal died
When a deal dies on a home listed $750K–$1M in ZIP 28451, it costs the seller about $30,700
18 of about 97 contracts for homes listed $750K–$1M in ZIP 28451 fell apart over the last 12 months — about 1 in 5. The ones that sold later took 67 more days and sold for 2.3 points less of their first asking price than homes that closed on the first contract. And 20% of the homes whose deal died never sold at all.
- Holding costs run about $183 a day on a typical $799,950 home — 67 extra days is about $12,270.
- The price scar alone is about $18,400 on a $799,950 home.
- 61% came back on the market at a lower price (a median 6.3% 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.
$30,700
67 extra days at about $183 a day = $12,267 in holding costs, plus $18,399 from a 2.3-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 $160/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 44% — after 113 days in all, for 94.2% of the first price
- Still trying 44% — back on the market or under contract again
- Never sold 11% — expired, canceled or withdrawn
Homes that sold on their first contract took 46 days and sold for 96.5% of their first price. 61% 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 | 360 | 13% | 100 | 2.7 pts | $23,300 |
| 10–19 yrs | 279 | 19% | 38 | 2.7 pts | $14,700 |
| 20–29 yrs | 227 | 16% | 47 | 0.0 pts | $4,100 |
| 30–49 yrs | 59 | 22% | 78 | 9.6 pts | $28,600 |
| 50+ yrs | 18 | 11% | — | — | — |
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 | 164 | 21% | 30 | 3.5 pts | $15,900 |
| No crawl space | 726 | 15% | 63 | 2.7 pts | $17,000 |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 3784 Crab Catcher Loop NE, LelandBack on the market · $829,000 · fell apart Jul 30, 2026
Under contract again
Second try under way.
- 4275 Cobleskill Drive, LelandUnder contract again · $764,900 · fell apart Aug 1, 2026
- 3810 River Park Way NE, LelandUnder contract again · $910,000 · fell apart Jun 12, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 1004 Wind Lake Way, LelandSold · $832,500 · fell apart Jul 24, 2026
- 2166 Talmage Drive, LelandSold · $739,900 · fell apart May 26, 2026
- 1547 Grandiflora Drive, LelandSold · $750,000 · fell apart May 13, 2026
- 1212 Dalton Way, LelandSold · $752,500 · fell apart Apr 20, 2026
- 1308 Cross Water Circle, LelandSold · $869,000 · fell apart Apr 7, 2026
- 2314 Red Birch Trail NE, LelandSold · $820,000 · fell apart Nov 30, 2025
- 3586 Rivergate Way NE, LelandSold · $735,000 · fell apart Nov 28, 2025
- 5119 Creswell Drive, LelandSold · $783,750 · 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 28451?
18 of about 97 contracts for homes listed $750K–$1M in ZIP 28451 fell apart over the last 12 months — about 1 in 5.
What does a failed contract cost a seller in ZIP 28451?
About $30,700 on a typical $799,950 home — 67 extra days of holding costs (about $183 a day with a mortgage) plus a 2.3-point lower sale price. With no mortgage it's about $22,100.
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.