Estimated cost of a dead deal
$64,000
on a typical $708,750 home with a mortgage · $47,700 if it's paid off
- Contracts that fell apart
- 25% about 1 in 4 · 24 of 96
- Extra days on the market
- 144 206 vs. 62 on the first contract
- Lower sale price
- 5.8 pts 89.6% vs. 95.4% of first asking
- Never sold at all
- 47% of the homes whose deal died
When a deal dies on a home 20–29 years old in ZIP 28469, it costs the seller about $64,000
24 of about 96 contracts for homes 20–29 years old in ZIP 28469 fell apart over the last 12 months — about 1 in 4. The ones that sold later took 144 more days and sold for 5.8 points less of their first asking price than homes that closed on the first contract. And 47% of the homes whose deal died never sold at all.
- Holding costs run about $159 a day on a typical $708,750 home — 144 extra days is about $22,900.
- The price scar alone is about $41,100 on a $708,750 home.
- Where the MLS kept the date, the contract lasted a median of 16 days before it fell apart.
- 29% came back on the market at a lower price (a median 3.1% 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.
$64,000
144 extra days at about $159 a day = $22,906 in holding costs, plus $41,108 from a 5.8-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 $69/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 33% — after 206 days in all, for 89.6% of the first price
- Still trying 38% — back on the market or under contract again
- Never sold 29% — expired, canceled or withdrawn
Homes that sold on their first contract took 62 days and sold for 95.4% of their first price. 29% 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 | 107 | 32% | 55 | 2.6 pts | $18,500 |
| No crawl space | 323 | 16% | 161 | 6.9 pts | $61,700 |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under $300K | 64 | 28% | 35 | 7.1 pts | $18,800 |
| $300–400K | 68 | 21% | 72 | 0.0 pts | $6,200 |
| $400–500K | 62 | 18% | — | — | — |
| $500–750K | 105 | 18% | 86 | 0.0 pts | $11,700 |
| $750K–1M | 61 | 15% | — | — | — |
| $1M+ | 105 | 22% | 176 | 8.5 pts | $166,800 |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 565 Westchester Place SW, Ocean Isle BeachBack on the market · $997,500 · fell apart Sep 17, 2026
- 6583 Gramby Notch Way SW, Ocean Isle BeachBack on the market · $885,000 · fell apart Sep 16, 2026
- 27 Ocean Isle West Boulevard # 3n, Ocean Isle BeachBack on the market · $795,000 · fell apart Sep 4, 2026
- 14 Private Drive, Ocean Isle BeachBack on the market · $1,299,000 · fell apart May 13, 2026
Under contract again
Second try under way.
- 5431 Cardinal Road SW, Ocean Isle BeachUnder contract again · $185,000 · fell apart Jul 23, 2026
- 1601 Colonist Square SW, Ocean Isle BeachUnder contract again · $584,000 · fell apart Jul 13, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 21 Cumberland Street, Ocean Isle BeachSold · $1,315,000 · fell apart Jun 19, 2026
- 185 Via Old Sound Boulevard B, Ocean Isle BeachSold · $675,000 · fell apart Apr 17, 2026
- 7249 Lula Street SW, Ocean Isle BeachSold · $198,000 · fell apart Mar 18, 2026
- 6842 Glass Pond Court SW, Ocean Isle BeachSold · $528,000 · fell apart Feb 2, 2026
- 6883 Eastbrook Avenue SW, Ocean Isle BeachSold · $188,000 · fell apart Jan 1, 2026
- 271 E Second Street, Ocean Isle BeachSold · $1,150,000 · fell apart Dec 31, 2025
- 154 Windsor Circle SW, Ocean Isle BeachSold · $489,000 · fell apart Nov 24, 2025
- 1596 Laurel Court SW, Ocean Isle BeachSold · $317,500 · fell apart Oct 13, 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 28469?
24 of about 96 contracts for homes 20–29 years old in ZIP 28469 fell apart over the last 12 months — about 1 in 4.
What does a failed contract cost a seller in ZIP 28469?
About $64,000 on a typical $708,750 home — 144 extra days of holding costs (about $159 a day with a mortgage) plus a 5.8-point lower sale price. With no mortgage it's about $47,700.
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.