Estimated cost of a dead deal
$30,400
on a typical $410,000 home with a mortgage · $25,800 if it's paid off
- Contracts that fell apart
- 20% about 1 in 5 · 13 of 66
- Extra days on the market
- 70 88 vs. 18 on the first contract
- Lower sale price
- 5.7 pts 93.1% vs. 98.8% of first asking
- Never sold at all
- 0% of the homes whose deal died
When a deal died in ZIP 28460 in June 2026, it cost the seller about $30,400
13 of about 66 contracts for resale homes in ZIP 28460 fell apart in June 2026 — about 1 in 5. The ones that sold later took 70 more days and sold for 5.7 points less of their first asking price than homes that closed on the first contract. And 0% of the homes whose deal died never sold at all. That's up 4.7 points from June 2025.
- Holding costs run about $101 a day on a typical $410,000 home — 70 extra days is about $7,050.
- The price scar alone is about $23,400 on a $410,000 home.
- 77% came back on the market at a lower price (a median 3.5% 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.
$30,400
70 extra days at about $101 a day = $7,046 in holding costs, plus $23,370 from a 5.7-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 $32/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.
Compared with other months
| Fell apart | Deals lost | Contracts | Est. cost | |
|---|---|---|---|---|
| June 2026 | 20% | 13 | 66 | $30,400 |
| Month before | 21% | 14 | 67 | — |
| Same month last year | 15% | 9 | 60 | $19,600 |
Deals that fell apart in a recent month may still sell — their "what happened next" fills in over the coming months.
What happened next
- Sold later 38% — after 88 days in all, for 93.1% of the first price
- Still trying 62% — back on the market or under contract again
- Never sold 0% — expired, canceled or withdrawn
Homes that sold on their first contract took 18 days and sold for 98.8% of their first price. 77% 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 | 21 | 19% | — | — | — |
| 10–19 yrs | 14 | 7% | — | — | — |
| 30–49 yrs | 19 | 32% | — | — | — |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| $300–400K | 19 | 5% | — | — | — |
| $400–500K | 13 | 31% | — | — | — |
| $500–750K | 15 | 33% | — | — | — |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 2263 New River Inlet Road, North Topsail BeachBack on the market · $725,000 · fell apart Jun 25, 2026
- 790 New River Inlet Road Unit 115a, North Topsail BeachBack on the market · $380,000 · fell apart Jun 19, 2026
- 2224 New River Inlet Road Unit 337, North Topsail BeachBack on the market · $138,000 · fell apart Jun 17, 2026
- 2362 New River Inlet Road, North Topsail BeachBack on the market · $560,000 · fell apart Jun 8, 2026
- 113 Tillett Lane, Sneads FerryBack on the market · $207,000 · fell apart Jun 5, 2026
- 167 Evergreen Forest Court, Sneads FerryBack on the market · $429,000 · fell apart Jun 2, 2026
Under contract again
Second try under way.
- 219 Oyster Lane, North Topsail BeachUnder contract again · $444,000 · fell apart Jun 1, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 202 E Red Head Circle Lot 671, Sneads FerrySold · $495,000 · fell apart Jun 29, 2026
- 615 Willbrook Circle, Sneads FerrySold · $555,000 · fell apart Jun 26, 2026
- 205 Port Side Drive, Sneads FerrySold · $400,000 · fell apart Jun 25, 2026
- 201 Silver Creek Loop, Sneads FerrySold · $377,000 · fell apart Jun 23, 2026
- 137 Evergreen Forest Drive, Sneads FerrySold · $512,000 · fell apart Jun 18, 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 28460?
13 of about 66 contracts for resale homes in ZIP 28460 fell apart in June 2026 — about 1 in 5.
What does a failed contract cost a seller in ZIP 28460?
About $30,400 on a typical $410,000 home — 70 extra days of holding costs (about $101 a day with a mortgage) plus a 5.7-point lower sale price. With no mortgage it's about $25,800.
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. Numbers for June 2026 only.