Estimated cost of a dead deal
$20,200
on a typical $508,500 home with a mortgage · $14,800 if it's paid off
- Contracts that fell apart
- 24% about 1 in 4 · 27 of 111
- Extra days on the market
- 66 107 vs. 41 on the first contract
- Lower sale price
- 2.4 pts 93.3% vs. 95.7% of first asking
- Never sold at all
- 29% of the homes whose deal died
When a deal dies on a home 20–29 years old in ZIP 28460, it costs the seller about $20,200
27 of about 111 contracts for homes 20–29 years old in ZIP 28460 fell apart over the last 12 months — about 1 in 4. The ones that sold later took 66 more days and sold for 2.4 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 $120 a day on a typical $508,500 home — 66 extra days is about $7,950.
- The price scar alone is about $12,200 on a $508,500 home.
- 22% came back on the market at a lower price (a median 3.6% 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.
$20,200
66 extra days at about $120 a day = $7,950 in holding costs, plus $12,204 from a 2.4-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 $22/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 37% — after 107 days in all, for 93.3% of the first price
- Still trying 48% — back on the market or under contract again
- Never sold 15% — expired, canceled or withdrawn
Homes that sold on their first contract took 41 days and sold for 95.7% of their first price. 22% of the homes that came back on the market cut their price.
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 |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under $300K | 91 | 37% | 154 | 0.1 pts | $9,800 |
| $300–400K | 179 | 14% | 55 | 2.5 pts | $13,700 |
| $400–500K | 127 | 20% | 60 | 4.9 pts | $27,000 |
| $500–750K | 118 | 23% | 150 | 6.6 pts | $53,900 |
| $750K–1M | 40 | 23% | — | — | — |
| $1M+ | 75 | 27% | — | — | — |
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
- 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
- 102 Seabird Lane, Sneads FerryBack on the market · $250,000 · fell apart Sep 14, 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
- 123 Lawndale Lane, Sneads FerryBack on the market · $299,000 · fell apart Aug 18, 2026
- 625 New River Inlet Road, North Topsail BeachBack on the market · $1,375,000 · fell apart Jul 16, 2026
- 3145 Island Drive, North Topsail BeachBack on the market · $674,900 · fell apart Jul 6, 2026
- 113 Tillett Lane, Sneads FerryBack on the market · $207,000 · fell apart Jun 5, 2026
Under contract again
Second try under way.
- 874 Villas Drive, North Topsail BeachUnder contract again · $1,075,000 · fell apart May 9, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 302 Whirlaway Boulevard, Sneads FerrySold · $308,500 · fell apart Jul 17, 2026
- 205 Port Side Drive, Sneads FerrySold · $400,000 · fell apart Jun 25, 2026
- 395 Peru Road, Sneads FerrySold · $222,000 · fell apart May 14, 2026
- 6915 12th Avenue, North Topsail BeachSold · $650,000 · fell apart Mar 26, 2026
- 211 Port Side Drive, Sneads FerrySold · $620,000 · fell apart Mar 17, 2026
- 7502 9th Avenue, North Topsail BeachSold · $780,000 · fell apart Mar 4, 2026
- 143 Shellbank Drive, Sneads FerrySold · $429,000 · fell apart Feb 8, 2026
- 20 Porpoise Place, North Topsail BeachSold · $750,000 · fell apart Jan 6, 2026
- 119 Lawndale Lane, Sneads FerrySold · $250,000 · fell apart Dec 26, 2025
- 4340 Island Drive, North Topsail BeachSold · $1,315,000 · fell apart Dec 21, 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?
27 of about 111 contracts for homes 20–29 years old in ZIP 28460 fell apart over the last 12 months — about 1 in 4.
What does a failed contract cost a seller in ZIP 28460?
About $20,200 on a typical $508,500 home — 66 extra days of holding costs (about $120 a day with a mortgage) plus a 2.4-point lower sale price. With no mortgage it's about $14,800.
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.