Estimated cost of a dead deal
$9,800
on a typical $215,500 home with a mortgage · $4,500 if it's paid off
- Contracts that fell apart
- 37% about 1 in 3 · 34 of 91
- Extra days on the market
- 154 177 vs. 23 on the first contract
- Lower sale price
- 0.1 pts 96.3% vs. 96.4% of first asking
- Never sold at all
- 37% of the homes whose deal died
When a deal dies on a home listed under $300K in ZIP 28460, it costs the seller about $9,800
34 of about 91 contracts for homes listed under $300K in ZIP 28460 fell apart over the last 12 months — about 1 in 3. The ones that sold later took 154 more days and sold for 0.1 points less of their first asking price than homes that closed on the first contract. And 37% of the homes whose deal died never sold at all.
- Holding costs run about $62 a day on a typical $215,500 home — 154 extra days is about $9,560.
- The price scar alone is about $200 on a $215,500 home.
- Where the MLS kept the date, the contract lasted a median of 22 days before it fell apart.
- 41% came back on the market at a lower price (a median 10.9% 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.
$9,800
154 extra days at about $62 a day = $9,563 in holding costs, plus $216 from a 0.1-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 $60/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 35% — after 177 days in all, for 96.3% of the first price
- Still trying 44% — back on the market or under contract again
- Never sold 21% — expired, canceled or withdrawn
Homes that sold on their first contract took 23 days and sold for 96.4% of their first price. 41% 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.
- 228 Fulcher Landing Road, Sneads FerryBack on the market · $237,500 · fell apart Sep 26, 2026
- 102 Seabird Lane, Sneads FerryBack on the market · $250,000 · fell apart Sep 14, 2026
- 2250 New River Inlet Road Unit 114, North Topsail BeachBack on the market · $140,000 · fell apart Jul 23, 2026
- 2000 New River Inlet Road 3201, North Topsail BeachBack on the market · $233,000 · fell apart Jul 21, 2026
- 2224 New River Inlet Road Unit 337, North Topsail BeachBack on the market · $138,000 · fell apart Jun 17, 2026
- 113 Tillett Lane, Sneads FerryBack on the market · $207,000 · fell apart Jun 5, 2026
- 790 New River Inlet Road 205a, North Topsail BeachBack on the market · $325,000 · fell apart May 27, 2026
- 1866 New River Inlet Road 3401c, North Topsail BeachBack on the market · $262,900 · fell apart May 7, 2026
- 2264 New River Inlet Road 101, North Topsail BeachBack on the market · $192,500 · fell apart Apr 27, 2026
- 2196 New River Inlet Road Unit 163, North Topsail BeachBack on the market · $145,000 · fell apart Apr 17, 2026
- 2196 New River Inlet Road Unit 167, North Topsail BeachBack on the market · $150,000 · fell apart Jan 5, 2026
- 2174 New River Inlet Road 285, North Topsail BeachBack on the market · $139,500 · fell apart Jan 2, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 790 New River Inlet Road 104b, North Topsail BeachSold · $235,000 · fell apart Jul 17, 2026
- 395 Peru Road, Sneads FerrySold · $222,000 · fell apart May 14, 2026
- 1784 N.C. Hwy-172, Sneads FerrySold · $250,000 · fell apart Apr 27, 2026
- 427 Sunfish Lane, Sneads FerrySold · $259,000 · fell apart Apr 3, 2026
- 780 Old Folkstone Road, Sneads FerrySold · $298,800 · fell apart Mar 4, 2026
- 2174 New River Inlet Road Unit 384, North Topsail BeachSold · $128,000 · fell apart Jan 24, 2026
- 119 Lawndale Lane, Sneads FerrySold · $250,000 · fell apart Dec 26, 2025
- 1840 New River Inlet Road 2310, North Topsail BeachSold · $265,000 · fell apart Dec 1, 2025
- 503 Stone Crab Lane, Sneads FerrySold · $299,900 · fell apart Nov 19, 2025
- 306 Bond Lane, Sneads FerrySold · $158,000 · fell apart Nov 18, 2025
- 116 Sherry Street, Sneads FerrySold · $190,000 · fell apart Nov 11, 2025
- 528 Oyster Rock Lane, Sneads FerrySold · $218,000 · fell apart Oct 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?
34 of about 91 contracts for homes listed under $300K in ZIP 28460 fell apart over the last 12 months — about 1 in 3.
What does a failed contract cost a seller in ZIP 28460?
About $9,800 on a typical $215,500 home — 154 extra days of holding costs (about $62 a day with a mortgage) plus a 0.1-point lower sale price. With no mortgage it's about $4,500.
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.