Estimated cost of a dead deal
$4,200
on a typical $250,000 home with a mortgage · $3,200 if it's paid off
- Contracts that fell apart
- 18% about 1 in 6 · 33 of 186
- Extra days on the market
- 26 53 vs. 27 on the first contract
- Lower sale price
- 1.0 pts 96.5% vs. 97.5% of first asking
- Never sold at all
- 19% of the homes whose deal died
When a deal dies on a home listed under $300K in ZIP 28451, it costs the seller about $4,200
33 of about 186 contracts for homes listed under $300K in ZIP 28451 fell apart over the last 12 months — about 1 in 6. The ones that sold later took 26 more days and sold for 1.0 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 $67 a day on a typical $250,000 home — 26 extra days is about $1,740.
- The price scar alone is about $2,500 on a $250,000 home.
- 24% came back on the market at a lower price (a median 4.5% 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.
$4,200
26 extra days at about $67 a day = $1,738 in holding costs, plus $2,500 from a 1.0-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 64% — after 53 days in all, for 96.5% of the first price
- Still trying 21% — back on the market or under contract again
- Never sold 15% — expired, canceled or withdrawn
Homes that sold on their first contract took 27 days and sold for 97.5% of their first price. 24% 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.
- 2029 Willow Stone Court, LelandBack on the market · $289,900 · fell apart Sep 21, 2026
Under contract again
Second try under way.
- 153 Watersfield Road, LelandUnder contract again · $279,000 · fell apart Aug 17, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 1960 Jeffrey Stokes Drive NE, LelandSold · $299,900 · fell apart Aug 20, 2026
- 119 Dogwood Circle, LelandSold · $215,557 · fell apart Jul 28, 2026
- 8695 Old Forest Drive NE, LelandSold · $250,000 · fell apart Jul 8, 2026
- 920 Pickett Road NE, LelandSold · $210,000 · fell apart Jul 6, 2026
- 730 Oak Branches Close SE, LelandSold · $250,000 · fell apart Jun 23, 2026
- 1155 Amber Pines Drive, LelandSold · $260,000 · fell apart Jun 17, 2026
- 165 Hewett Burton Road SE, LelandSold · $273,000 · fell apart Jun 2, 2026
- 227 Old Fayetteville Road, LelandSold · $249,900 · fell apart May 28, 2026
- 5071 Northgate Drive, LelandSold · $275,000 · fell apart May 21, 2026
- 9929 Old Mill Road NE, LelandSold · $294,000 · fell apart May 13, 2026
- 1216 Red Bay Place, LelandSold · $225,000 · fell apart Apr 20, 2026
- 3575 Grist Creek Wynd Creek, LelandSold · $95,000 · fell apart Mar 19, 2026
- 1312 Suncrest Way, LelandSold · $290,000 · fell apart Mar 13, 2026
- 9209 Cypress Court NE, LelandSold · $250,000 · fell apart Feb 19, 2026
- 1754 Pepperwood Way, LelandSold · $285,000 · fell apart Feb 17, 2026
- 780 Skipper Street NE, LelandSold · $200,000 · fell apart Jan 26, 2026
- 6832 Kilians Way NE, LelandSold · $275,000 · fell apart Jan 8, 2026
- 7376 Ruby Stone Court, LelandSold · $195,000 · fell apart Jan 7, 2026
- 116 Lincoln Place Circle, LelandSold · $197,000 · fell apart Dec 1, 2025
- 7368 Hazelstone Lane, LelandSold · $254,500 · fell apart Nov 9, 2025
- 3529 Blue Banks Loop Road NE, LelandSold · $185,000 · fell apart Nov 9, 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?
33 of about 186 contracts for homes listed under $300K in ZIP 28451 fell apart over the last 12 months — about 1 in 6.
What does a failed contract cost a seller in ZIP 28451?
About $4,200 on a typical $250,000 home — 26 extra days of holding costs (about $67 a day with a mortgage) plus a 1.0-point lower sale price. With no mortgage it's about $3,200.
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.