Estimated cost of a dead deal
$18,100
on a typical $535,000 home with a mortgage · $12,900 if it's paid off
Plus about $3,300 on average in repairs or credits to the buyer — about $21,400 all in (how we got that)
- Contracts that fell apart
- 19%about 1 in 5 · 186 of 994
- Extra days on the market
- 60105 vs. 45 on the first contract
- Lower sale price
- 2.0%93.5% vs. 95.5% of first asking
- Never sold at all
- 26%of the homes whose deal died
When a deal dies on a home with no crawl space in Carteret County, it costs the seller about $18,100
186 of about 994 contracts for homes with no crawl space (slab, basement or pilings) in Carteret County fell apart over the last 12 months — about 1 in 5. The ones that sold later took 60 more days and sold for 2.0% less (measured against their first asking price) than homes that closed on the first contract. And 26% of the homes whose deal died never sold at all.
- Holding costs run about $123 a day on a typical $535,000 home — 60 extra days is about $7,390.
- The price scar alone is about $10,700 on a $535,000 home.
- Where the MLS kept the date, the contract lasted a median of 23 days before it fell apart.
- 32% came back on the market at a lower price (a median 7.0% 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.
- Even when a deal survives, repairs found during due diligence cost more: they're done on the buyer's deadline, often by the buyer's choice of contractors, or traded for a credit the buyer never spends on repairs. None of that shows up in the MLS, so it isn't in the dollar figure above.
What would it cost you?
Put in your own numbers. Leave the loan at 0 if your home is paid off.
$21,400
60 extra days at about $123 a day = $7,393 in holding costs, plus $10,700 from a 2.0% lower price, plus $3,300 in repairs or credits.
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 $42/month (area median).
The hidden cost: repairs on the buyer's clock
Even when a deal holds together, the buyer's inspection usually costs the seller money. The MLS doesn't record it, so it isn't in our local numbers — but national surveys show how common and how big it is:
- 86% of inspections find something to fix, and 46% of buyers used the report to negotiate the price down (Porch survey of 998 buyers).
- When sellers give one, the median is $7,200 (Clever Real Estate seller survey).
- Sellers gave concessions in about 46% of U.S. home sales this spring — repairs, closing costs and rate buydowns, a record for the season (Redfin).
Averaged across all sellers, that's about $3,300 — roughly half give a concession, and the median is $7,200 when they do. Some sellers pay nothing; a home that needs real work can pay far more. We add the $3,300 average to the dead-deal cost as a separate line rather than assume the worst.
And the money goes further against you once you're under contract:
- You're on their deadline. Repairs have to be done before closing, so there's no time to shop around or wait for a better price.
- You use their people. Buyers often want their own plumbers, electricians and contractors — at their price, for work you might have done yourself or had your own handyman do for less.
- Credits instead of repairs. Many buyers ask for money off the price or toward closing costs and never make the repairs. The inspection becomes leverage against you.
Inspect before you list, and you handle the big items your way — on your schedule, with your own people, at your price — or disclose them up front so there's nothing left to negotiate.
The $3,300 is an estimate that combines two national sources (Redfin's share of sales with a concession and Clever Real Estate's median concession); it isn't measured locally. No study we found measures how much more the same repair costs under contract than before listing, so we don't put a number on that part.
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 44% — after 105 days in all, for 93.5% of the first price
- Still trying 41% — back on the market or under contract again
- Never sold 16% — expired, canceled or withdrawn
Homes that sold on their first contract took 45 days and sold for 95.5% of their first price. 32% of the homes that came back on the market cut their price.
When deals fall apart
Weeks after the home went under contract. Most die in the first few weeks — the inspection and due diligence window — and the rest over the appraisal, the loan or the closing.
- Week 15
- Week 25
- Week 39
- Week 46
- Week 53
- Week 62
- Week 72
- Week 84
- Later11
Based on the 47 deals where the MLS kept the contract date (median: 23 days).
By age of the home
Older homes give inspectors more to find.
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under 10 yrs | 240 | 13% | 70 | 2.3% | $22,500 |
| 10–19 yrs | 136 | 18% | 47 | 1.7% | $16,300 |
| 20–29 yrs | 362 | 22% | 70 | 0.0% | $8,100 |
| 30–49 yrs | 569 | 23% | 72 | 3.9% | $25,800 |
| 50+ yrs | 310 | 24% | 79 | 6.1% | $31,200 |
By first asking price
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 137 Doe Drive, Emerald IsleBack on the market · $725,000 · fell apart Oct 23, 2026
- 1006 Birch Court, Morehead CityBack on the market · $339,000 · fell apart Oct 23, 2026
- 1505 Salter Path Road 412, Indian BeachBack on the market · $564,500 · fell apart Oct 13, 2026
- 174 Windy Point Road, BeaufortBack on the market · $599,900 · fell apart Oct 8, 2026
- 142 Corncake Circle, Morehead CityBack on the market · $355,000 · fell apart Oct 8, 2026
- 104 Talford Drive, Atlantic BeachBack on the market · $1,250,000 · fell apart Oct 6, 2026
- 102 Diann Drive A2, Emerald IsleBack on the market · $589,000 · fell apart Oct 6, 2026
- 5405 Sunset Lane, Emerald IsleBack on the market · $798,900 · fell apart Oct 5, 2026
- 205 Barefoot Lane, Atlantic BeachBack on the market · $940,000 · fell apart Oct 5, 2026
- 205 Barefoot Lane, Atlantic BeachBack on the market · $940,000 · fell apart Oct 5, 2026
- 811 Sea Chaser Court, BeaufortBack on the market · $394,000 · fell apart Oct 5, 2026
- 197 S River Drive, BeaufortBack on the market · $534,900 · fell apart Oct 5, 2026
- 109 Sun Burst Circle, Cedar PointBack on the market · $690,000 · fell apart Oct 2, 2026
- 201 Freeman Lane C, Atlantic BeachBack on the market · $459,500 · fell apart Sep 29, 2026
- 113 Bonner Avenue 105, Morehead CityBack on the market · $222,000 · fell apart Sep 28, 2026
- 245 Barrington Ridge, BogueBack on the market · $449,000 · fell apart Sep 25, 2026
- 255 Oak Road, BeaufortBack on the market · $650,000 · fell apart Sep 22, 2026
- 102 Purdie Drive, Emerald IsleBack on the market · $1,799,000 · fell apart Sep 22, 2026
- 709 Windy Trail, NewportBack on the market · $315,000 · fell apart Sep 21, 2026
- 486 Sandy Point Drive, BeaufortBack on the market · $900,000 · fell apart Sep 10, 2026
- 216 Styron Creek Road, Sea LevelBack on the market · $799,000 · fell apart Sep 6, 2026
- 301 Commerce Way E 205, Atlantic BeachBack on the market · $339,000 · fell apart Aug 31, 2026
- 117 Palmetto Place Circle, BeaufortBack on the market · $325,000 · fell apart Aug 29, 2026
- 421 Taylorwood Drive, BeaufortBack on the market · $599,900 · fell apart Aug 19, 2026
Under contract again
Second try under way.
- 140 Lousan Drive, Cape CarteretUnder contract again · $275,000 · fell apart Sep 26, 2026
- 1308 Ocean Drive, Emerald IsleUnder contract again · $899,900 · fell apart Sep 23, 2026
- 520 Village Green Drive B, Morehead CityUnder contract again · $354,900 · fell apart Sep 21, 2026
- 117 Sandfiddler Lane, Harkers IslandUnder contract again · $789,000 · fell apart Sep 16, 2026
- 428 Lanyard Drive, NewportUnder contract again · $699,000 · fell apart Sep 15, 2026
- 200 Kimberly Court, NewportUnder contract again · $439,900 · fell apart Sep 13, 2026
- 158 Quinn Hill Road, NewportUnder contract again · $369,000 · fell apart Sep 6, 2026
- 221 Palomino Lane, SwansboroUnder contract again · $295,000 · fell apart Aug 31, 2026
- 9100 Reed Drive 4106, Emerald IsleUnder contract again · $265,000 · fell apart Aug 11, 2026
- 303 Live Oak Street, Emerald IsleUnder contract again · $775,000 · fell apart Jun 24, 2026
- 434 Meeting Street, BeaufortUnder contract again · $318,000 · fell apart May 9, 2026
- 134 Water Lane, NewportUnder contract again · $699,900 · fell apart Apr 18, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 101 Anglers Way, BeaufortSold · $378,500 · fell apart Oct 14, 2026
- 303 Barbour Road 503, Morehead CitySold · $235,000 · fell apart Sep 17, 2026
- 304 Angelfish Court, NewportSold · $515,000 · fell apart Aug 21, 2026
- 9201 Coast Guard Road D204, Emerald IsleSold · $540,000 · fell apart Aug 7, 2026
- 2513 Emeline Place, Morehead CitySold · $333,000 · fell apart Jul 31, 2026
- 104 Pasture Lane A, SwansboroSold · $280,000 · fell apart Jul 15, 2026
- 112 Peletier Shores Drive, PeletierSold · $555,000 · fell apart Jul 15, 2026
- 2002 Joslyn Drive, Morehead CitySold · $398,900 · fell apart Jul 8, 2026
- 116 Sandy Landing Road, Cedar IslandSold · $489,000 · fell apart Jul 1, 2026
- 2511 W Ft Macon Road 308 B, Atlantic BeachSold · $500,000 · fell apart Jul 1, 2026
- 250 Star Hill Drive, Cape CarteretSold · $410,000 · fell apart Jul 1, 2026
- 602 W Ft Macon Road 148, Atlantic BeachSold · $145,000 · fell apart Jun 30, 2026
- 923 N Yaupon Terrace, Morehead CitySold · $250,000 · fell apart Jun 27, 2026
- 301 Old Causeway Road, Atlantic BeachSold · $1,299,000 · fell apart Jun 15, 2026
- 1609 Sanderling Drive, Morehead CitySold · $580,000 · fell apart Jun 10, 2026
- 901 Cedarwood Village, Morehead CitySold · $299,000 · fell apart Jun 6, 2026
- 135 Sea Grove Lane, BeaufortSold · $519,900 · fell apart Jun 5, 2026
- 204 Nottingham Lane, Morehead CitySold · $725,000 · fell apart Jun 3, 2026
- 124 Bayshore Drive, Cape CarteretSold · $240,000 · fell apart May 19, 2026
- 113 Sea Gull Road, Emerald IsleSold · $910,000 · fell apart May 15, 2026
- 166 Bayberry Road, NewportSold · $180,000 · fell apart May 14, 2026
- 128 Little Bay Drive, Cedar PointSold · $675,000 · fell apart May 8, 2026
- 106 Gracelyn Lane, NewportSold · $525,000 · fell apart May 7, 2026
- 103 Sunshine Court, BeaufortSold · $750,000 · fell apart May 5, 2026
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 Carteret County?
186 of about 994 contracts for homes with no crawl space (slab, basement or pilings) in Carteret County fell apart over the last 12 months — about 1 in 5.
What does a failed contract cost a seller in Carteret County?
About $18,100 on a typical $535,000 home — 60 extra days of holding costs (about $123 a day with a mortgage) plus a 2.0% lower sale price. With no mortgage it's about $12,900. That's before any repairs or credits negotiated along the way.
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.
Why do repairs during a contract cost sellers more?
Once you're under contract, repairs run on the buyer's clock. You often end up paying the plumbers, electricians and contractors the buyer prefers, at their price and their schedule, for work you might have done yourself or had your own handyman do for less. Many buyers ask for a credit off the price or toward closing costs instead, then never make the repairs — so the inspection gets used as leverage against the seller. Nationally, 86% of inspections find something to fix and 46% of buyers use the report to negotiate the price down (Porch survey of 998 buyers), sellers gave concessions in about 46% of U.S. home sales in spring 2026 (Redfin), and the median is $7,200 when they do (Clever Real Estate seller survey). Averaged across all sellers that's about $3,300 — some pay nothing, and a home that needs real work can pay far more.
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 26, 2026.