Estimated cost of a dead deal
—
on a typical $1,280,000 home with a mortgage · — if it's paid off
- Contracts that fell apart
- 27% about 1 in 4 · 20 of 75
- Extra days on the market
- — — vs. 97 on the first contract
- Lower sale price
- — — vs. 90.8% of first asking
- Never sold at all
- 33% of the homes whose deal died
27% of contracts for homes listed $1M and up in ZIP 28460 fell apart
20 of about 75 contracts for homes listed $1M and up in ZIP 28460 fell apart over the last 12 months — about 1 in 4. And 33% of the homes whose deal died never sold at all.
- 25% came back on the market at a lower price (a median 14.0% 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.
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 10% — after — days in all, for — of the first price
- Still trying 85% — back on the market or under contract again
- Never sold 5% — expired, canceled or withdrawn
Homes that sold on their first contract took 97 days and sold for 90.8% of their first price. 25% 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 | 175 | 14% | 62 | 2.0 pts | $14,700 |
| 10–19 yrs | 146 | 14% | 87 | 2.2 pts | $16,100 |
| 20–29 yrs | 111 | 24% | 66 | 2.4 pts | $20,200 |
| 30–49 yrs | 169 | 34% | 164 | 4.6 pts | $39,400 |
| 50+ yrs | 29 | 35% | — | — | — |
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 | 25% | 142 | 4.3 pts | $31,400 |
| No crawl space | 540 | 22% | 73 | 2.4 pts | $17,500 |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 306 Marina Way, North Topsail BeachBack on the market · $1,649,000 · fell apart Oct 1, 2026
- 601 New River Inlet Road, North Topsail BeachBack on the market · $1,650,000 · fell apart Oct 1, 2026
- 1611 New River Inlet Road, North Topsail BeachBack on the market · $1,150,000 · fell apart Sep 28, 2026
- 1078 New River Inlet Road, North Topsail BeachBack on the market · $1,299,000 · fell apart Sep 24, 2026
- 1324 New River Inlet Road, North Topsail BeachBack on the market · $999,500 · fell apart Sep 15, 2026
- 39 Porpoise Place, North Topsail BeachBack on the market · $2,295,000 · fell apart Sep 1, 2026
- 42 Sailview Drive, North Topsail BeachBack on the market · $1,249,000 · fell apart Aug 24, 2026
- 388 New River Inlet Road, North Topsail BeachBack on the market · $1,650,000 · fell apart Aug 20, 2026
- 1511 New River Inlet Road, North Topsail BeachBack on the market · $3,300,000 · fell apart Aug 12, 2026
- 1042 New River Inlet Road, North Topsail BeachBack on the market · $1,900,000 · fell apart Aug 3, 2026
- 625 New River Inlet Road, North Topsail BeachBack on the market · $1,375,000 · fell apart Jul 16, 2026
- 876-878 Villas Drive, North Topsail BeachBack on the market · $2,150,000 · fell apart May 28, 2026
- 876 Villas Drive, North Topsail BeachBack on the market · $1,075,000 · fell apart May 27, 2026
- 304 Marina Way, North Topsail BeachBack on the market · $1,299,999 · fell apart Dec 1, 2025
Under contract again
Second try under way.
- 874 Villas Drive, North Topsail BeachUnder contract again · $1,075,000 · fell apart May 9, 2026
- 130 N Permuda Wynd Drive, North Topsail BeachUnder contract again · $1,349,500 · fell apart Apr 1, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 4340 Island Drive, North Topsail BeachSold · $1,315,000 · fell apart Dec 21, 2025
- 148 Singleton Street, Sneads FerrySold · $1,065,000 · fell apart Nov 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 28460?
20 of about 75 contracts for homes listed $1M and up in ZIP 28460 fell apart over the last 12 months — about 1 in 4.
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.