Estimated cost of a dead deal
$13,700
on a typical $355,000 home with a mortgage · $10,600 if it's paid off
- Contracts that fell apart
- 14% about 1 in 7 · 25 of 179
- Extra days on the market
- 55 69 vs. 14 on the first contract
- Lower sale price
- 2.5 pts 97.5% vs. 100.0% of first asking
- Never sold at all
- 29% of the homes whose deal died
When a deal dies on a home listed $300K–$400K in ZIP 28460, it costs the seller about $13,700
25 of about 179 contracts for homes listed $300K–$400K in ZIP 28460 fell apart over the last 12 months — about 1 in 7. The ones that sold later took 55 more days and sold for 2.5 points less of their first asking price than homes that closed on the first contract. And 29% of the homes whose deal died never sold at all.
- Holding costs run about $88 a day on a typical $355,000 home — 55 extra days is about $4,870.
- The price scar alone is about $8,900 on a $355,000 home.
- 24% came back on the market at a lower price (a median 3.7% 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.
$13,700
55 extra days at about $88 a day = $4,866 in holding costs, plus $8,875 from a 2.5-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 $27/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 48% — after 69 days in all, for 97.5% of the first price
- Still trying 32% — back on the market or under contract again
- Never sold 20% — expired, canceled or withdrawn
Homes that sold on their first contract took 14 days and sold for 100.0% 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 | 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.
- 173 Sea Gull Lane, North Topsail BeachBack on the market · $399,000 · fell apart Sep 18, 2026
- 1896 New River Inlet Road 1203, North Topsail BeachBack on the market · $320,000 · fell apart Sep 8, 2026
- 527 Everett Glades, Sneads FerryBack on the market · $343,000 · fell apart Aug 20, 2026
- 123 Lawndale Lane, Sneads FerryBack on the market · $299,000 · fell apart Aug 18, 2026
- 108 Oyster Landing Drive, Sneads FerryBack on the market · $315,000 · fell apart Jul 20, 2026
- 790 New River Inlet Road Unit 115a, North Topsail BeachBack on the market · $380,000 · fell apart Jun 19, 2026
- 1866 New River Inlet Road Unit 3407c, North Topsail BeachBack on the market · $362,000 · fell apart May 26, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 210 Marsh Haven Drive, Sneads FerrySold · $330,000 · fell apart Aug 18, 2026
- 1107 Mill Run Road, Sneads FerrySold · $295,000 · fell apart Aug 4, 2026
- 302 Whirlaway Boulevard, Sneads FerrySold · $308,500 · fell apart Jul 17, 2026
- 135 Shellbank Drive, Sneads FerrySold · $386,000 · fell apart May 7, 2026
- 216 Peggys Trace, Sneads FerrySold · $325,000 · fell apart Mar 4, 2026
- 232 Sand Piper Drive, North Topsail BeachSold · $300,000 · fell apart Feb 1, 2026
- 2000 New River Inlet Road Unit 1305, North Topsail BeachSold · $217,000 · fell apart Jan 17, 2026
- 248 Marsh Haven Drive, Sneads FerrySold · $345,000 · fell apart Jan 8, 2026
- 248 Breakwater Drive, Sneads FerrySold · $325,000 · fell apart Dec 4, 2025
- 157 Bridgeport Drive, Sneads FerrySold · $370,000 · fell apart Dec 1, 2025
- 239 Shellbank Drive, Sneads FerrySold · $330,000 · fell apart Nov 10, 2025
- 103 Grangers Court, Sneads FerrySold · $350,000 · fell apart Nov 7, 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?
25 of about 179 contracts for homes listed $300K–$400K in ZIP 28460 fell apart over the last 12 months — about 1 in 7.
What does a failed contract cost a seller in ZIP 28460?
About $13,700 on a typical $355,000 home — 55 extra days of holding costs (about $88 a day with a mortgage) plus a 2.5-point lower sale price. With no mortgage it's about $10,600.
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.