Estimated cost of a dead deal
$39,000
on a typical $375,000 home with a mortgage · $33,100 if it's paid off
Plus about $3,300 on average in repairs or credits to the buyer — about $42,300 all in (how we got that)
- Contracts that fell apart
- 22%about 1 in 5 · 67 of 302
- Extra days on the market
- 98121 vs. 23 on the first contract
- Lower sale price
- 8.0%88.0% vs. 96.0% of first asking
- Never sold at all
- 30%of the homes whose deal died
When a deal dies on a home 50+ years old in Moore County, it costs the seller about $39,000
67 of about 302 contracts for homes 50+ years old in Moore County fell apart over the last 12 months — about 1 in 5. The ones that sold later took 98 more days and sold for 8.0% less (measured against their first asking price) than homes that closed on the first contract. And 30% of the homes whose deal died never sold at all.
- Holding costs run about $91 a day on a typical $375,000 home — 98 extra days is about $8,970.
- The price scar alone is about $30,000 on a $375,000 home.
- Where the MLS kept the date, the contract lasted a median of 20 days before it fell apart.
- 45% came back on the market at a lower price (a median 11.7% 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.
$42,300
98 extra days at about $91 a day = $8,966 in holding costs, plus $30,000 from a 8.0% 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.
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 45% — after 121 days in all, for 88.0% of the first price
- Still trying 36% — back on the market or under contract again
- Never sold 19% — expired, canceled or withdrawn
Homes that sold on their first contract took 23 days and sold for 96.0% of their first price. 45% 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 10
- Week 27
- Week 34
- Week 40
- Week 52
- Week 63
- Week 70
- Week 81
- Later3
Based on the 20 deals where the MLS kept the contract date (median: 20 days).
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 | 1,180 | 18% | 82 | 5.5% | $36,200 |
| No crawl space | 410 | 16% | 68 | 0.6% | $9,900 |
By first asking price
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 1010 Bion Butler Road, AberdeenBack on the market · $549,900 · fell apart Oct 21, 2026
- 4228 Vass Carthage Road, CarthageBack on the market · $275,000 · fell apart Oct 19, 2026
- 12905 Us 15-501 Highway N 12905, AberdeenBack on the market · $244,000 · fell apart Oct 13, 2026
- 370 E Morganton Road, Southern PinesBack on the market · $499,000 · fell apart Oct 2, 2026
- 122 Forest Drive, AberdeenBack on the market · $389,900 · fell apart Sep 16, 2026
- 360 S Ashe Street, Southern PinesBack on the market · $749,000 · fell apart Sep 12, 2026
- 4604 Airport Road, PinehurstBack on the market · $400,000 · fell apart Sep 10, 2026
- 22 Pine Lake Drive, Whispering PinesBack on the market · $573,500 · fell apart Sep 8, 2026
- 285 Mcdairmid Road, PinehurstBack on the market · $325,000 · fell apart Sep 2, 2026
- 901 E Main Street, AberdeenBack on the market · $350,000 · fell apart Sep 1, 2026
- 224 Heather Lane, Southern PinesBack on the market · $395,000 · fell apart Aug 31, 2026
- 350 W Connecticut Avenue, Southern PinesBack on the market · $250,000 · fell apart Aug 19, 2026
- 2 Little River Lane, Whispering PinesBack on the market · $570,000 · fell apart Jul 31, 2026
- 944 W Wisconsin Avenue, Southern PinesBack on the market · $165,000 · fell apart Jul 12, 2026
- 800 Saint Andrews Drive # 232, PinehurstBack on the market · $340,000 · fell apart Jun 4, 2026
- 12 Village Green Circle 12, Southern PinesBack on the market · $269,400 · fell apart May 27, 2026
- 4 Augusta Way, PinehurstBack on the market · $1,850,000 · fell apart May 18, 2026
- 50 Mccaskill Road W, PinehurstBack on the market · $2,495,000 · fell apart May 1, 2026
- 2592 Old Glendon Road, CarthageBack on the market · $245,000 · fell apart Nov 27, 2025
Under contract again
Second try under way.
- 304 Archie Road, West EndUnder contract again · $125,000 · fell apart Sep 21, 2026
- 303 Mcreynolds Street, CarthageUnder contract again · $349,000 · fell apart Jun 30, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 101 Haldane Drive, Southern PinesSold · $250,000 · fell apart Sep 25, 2026
- 20 Merion Circle, PinehurstSold · $305,000 · fell apart Sep 4, 2026
- 20 Fields Road, PinehurstSold · $640,000 · fell apart Aug 2, 2026
- 280 W Connecticut Avenue, Southern PinesSold · $715,000 · fell apart Jul 17, 2026
- 1302 Crest Drive, AberdeenSold · $315,000 · fell apart Jul 9, 2026
- 957 Sandavis Road, Southern PinesSold · $430,000 · fell apart Jul 1, 2026
- 2704 Farm Life School Road, CarthageSold · $360,000 · fell apart Jun 29, 2026
- 148 Simpson Drive, VassSold · $170,000 · fell apart Jun 12, 2026
- 228 Heather Lane, Southern PinesSold · $404,000 · fell apart Jun 12, 2026
- 240 Maples Road, Southern PinesSold · $900,000 · fell apart May 11, 2026
- 206 D Carlton Street, CarthageSold · $219,000 · fell apart May 1, 2026
- 440 Kensington Road, Southern PinesSold · $665,000 · fell apart Apr 25, 2026
- 119 Bluebird Lane, West EndSold · $320,000 · fell apart Apr 15, 2026
- 102 James Creek Road, Southern PinesSold · $400,000 · fell apart Apr 13, 2026
- 800 St Andrews Drive 260, PinehurstSold · $280,000 · fell apart Apr 13, 2026
- 250 Sugar Gum Lane # 144, PinehurstSold · $533,000 · fell apart Apr 10, 2026
- 150 S Plum Street, PinebluffSold · $280,000 · fell apart Mar 24, 2026
- 101 N Rockingham Street, RobbinsSold · $128,000 · fell apart Feb 21, 2026
- 760 N May Street, Southern PinesSold · $499,000 · fell apart Feb 20, 2026
- 1335 N Ridge Street, Southern PinesSold · $217,000 · fell apart Feb 17, 2026
- 5368 Niagara Carthage Road, Southern PinesSold · $255,900 · fell apart Feb 10, 2026
- 255 Sarason Place, VassSold · $475,000 · fell apart Feb 3, 2026
- 234 Lakeview Drive, Whispering PinesSold · $334,000 · fell apart Jan 21, 2026
- 50 Wilson Road, PinehurstSold · $617,500 · fell apart Jan 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 Moore County?
67 of about 302 contracts for homes 50+ years old in Moore County fell apart over the last 12 months — about 1 in 5.
What does a failed contract cost a seller in Moore County?
About $39,000 on a typical $375,000 home — 98 extra days of holding costs (about $91 a day with a mortgage) plus a 8.0% lower sale price. With no mortgage it's about $33,100. 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.