Estimated cost of a dead deal
$42,400
on a typical $385,000 home with a mortgage · $34,500 if it's paid off
- Contracts that fell apart
- 22% about 1 in 5 · 26 of 121
- Extra days on the market
- 130 191 vs. 61 on the first contract
- Lower sale price
- 7.9 pts 86.0% vs. 93.9% of first asking
- Never sold at all
- 5% of the homes whose deal died
When a deal dies on a home 30–49 years old in ZIP 28468, it costs the seller about $42,400
26 of about 121 contracts for homes 30–49 years old in ZIP 28468 fell apart over the last 12 months — about 1 in 5. The ones that sold later took 130 more days and sold for 7.9 points less of their first asking price than homes that closed on the first contract. And 5% of the homes whose deal died never sold at all.
- Holding costs run about $93 a day on a typical $385,000 home — 130 extra days is about $12,030.
- The price scar alone is about $30,400 on a $385,000 home.
- 31% came back on the market at a lower price (a median 11.9% 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.
$42,400
130 extra days at about $93 a day = $12,033 in holding costs, plus $30,415 from a 7.9-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.
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 73% — after 191 days in all, for 86.0% of the first price
- Still trying 23% — back on the market or under contract again
- Never sold 4% — expired, canceled or withdrawn
Homes that sold on their first contract took 61 days and sold for 93.9% of their first price. 31% 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 | 72 | 32% | 146 | 4.3 pts | $36,400 |
| No crawl space | 232 | 19% | 104 | 3.0 pts | $20,400 |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under $300K | 99 | 24% | 115 | 7.2 pts | $24,900 |
| $300–400K | 59 | 17% | 95 | 10.2 pts | $38,600 |
| $400–500K | 42 | 21% | — | — | — |
| $500–750K | 73 | 22% | 93 | 1.8 pts | $24,100 |
| $750K–1M | 21 | 14% | — | — | — |
| $1M+ | 33 | 30% | 174 | 8.7 pts | $159,000 |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 227 Kings Trail # 1706, Sunset BeachBack on the market · $314,900 · fell apart Sep 21, 2026
- 213 Clubhouse Road # 6, Sunset BeachBack on the market · $275,000 · fell apart Aug 22, 2026
- 414 37th Street, Sunset BeachBack on the market · $1,150,000 · fell apart Jun 11, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 726 Waterway Drive SW, Sunset BeachSold · $875,000 · fell apart Jul 2, 2026
- 804 Colony Place 4e, Sunset BeachSold · $203,500 · fell apart Jun 19, 2026
- 628 Magnolia Drive, Sunset BeachSold · $198,000 · fell apart Jun 3, 2026
- 807 Colony Place # A, Sunset BeachSold · $227,500 · fell apart May 31, 2026
- 419 40th Street, Sunset BeachSold · $1,075,000 · fell apart May 7, 2026
- 8958 Landing Drive SW, Sunset BeachSold · $335,000 · fell apart May 1, 2026
- 212 Dogwood Drive, Sunset BeachSold · $167,500 · fell apart Mar 19, 2026
- 715 Shoreline Drive W, Sunset BeachSold · $1,220,000 · fell apart Mar 16, 2026
- 815 Colony Place Unit F, Sunset BeachSold · $230,000 · fell apart Mar 15, 2026
- 938 Oyster Pointe Drive, Sunset BeachSold · $525,000 · fell apart Mar 12, 2026
- 706 Oyster Bay Drive, Sunset BeachSold · $430,000 · fell apart Feb 26, 2026
- 223 Clubhouse Road #6, Sunset BeachSold · $284,000 · fell apart Feb 25, 2026
- 265 Creek View Drive, Sunset BeachSold · $485,000 · fell apart Feb 2, 2026
- 528 Live Oak Drive, Sunset BeachSold · $200,000 · fell apart Feb 1, 2026
- 821 Magnolia Drive, Sunset BeachSold · $145,000 · fell apart Jan 27, 2026
- 9060 Sea Lane SW, Sunset BeachSold · $242,000 · fell apart Jan 17, 2026
- 715 Shoreline Drive W, Sunset BeachSold · $1,220,000 · fell apart Oct 20, 2025
- 408 Dolphin Street, Sunset BeachSold · $1,035,000 · fell apart Oct 13, 2025
- 717 Live Oak Drive, Sunset BeachSold · $213,000 · fell apart Oct 5, 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 28468?
26 of about 121 contracts for homes 30–49 years old in ZIP 28468 fell apart over the last 12 months — about 1 in 5.
What does a failed contract cost a seller in ZIP 28468?
About $42,400 on a typical $385,000 home — 130 extra days of holding costs (about $93 a day with a mortgage) plus a 7.9-point lower sale price. With no mortgage it's about $34,500.
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.