Estimated cost of a dead deal
$52,000
on a typical $825,000 home with a mortgage · $40,100 if it's paid off
Plus about $3,300 on average in repairs or credits to the buyer — about $55,300 all in (how we got that)
- Contracts that fell apart
- 19%about 1 in 5 · 80 of 423
- Extra days on the market
- 90114 vs. 24 on the first contract
- Lower sale price
- 4.3%93.0% vs. 97.3% of first asking
- Never sold at all
- 38%of the homes whose deal died
When a deal dies on a home listed $750K–$1M in New Hanover County, it costs the seller about $52,000
80 of about 423 contracts for homes listed $750K–$1M in New Hanover County fell apart over the last 12 months — about 1 in 5. The ones that sold later took 90 more days and sold for 4.3% less (measured against their first asking price) than homes that closed on the first contract. And 38% of the homes whose deal died never sold at all.
- Holding costs run about $184 a day on a typical $825,000 home — 90 extra days is about $16,540.
- The price scar alone is about $35,500 on a $825,000 home.
- Where the MLS kept the date, the contract lasted a median of 19 days before it fell apart.
- 33% came back on the market at a lower price (a median 6.1% 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.
- 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.
$55,300
90 extra days at about $184 a day = $16,540 in holding costs, plus $35,475 from a 4.3% 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 $78/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 43% — after 114 days in all, for 93.0% of the first price
- Still trying 31% — back on the market or under contract again
- Never sold 26% — expired, canceled or withdrawn
Homes that sold on their first contract took 24 days and sold for 97.3% of their first price. 33% 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 12
- Week 27
- Week 36
- Week 44
- Week 52
- Week 61
- Week 74
- Week 81
- Later3
Based on the 30 deals where the MLS kept the contract date (median: 19 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 | 667 | 12% | 38 | 3.0% | $22,800 |
| 10–19 yrs | 369 | 12% | 81 | 1.1% | $16,700 |
| 20–29 yrs | 1,085 | 14% | 56 | 4.0% | $23,200 |
| 30–49 yrs | 1,273 | 17% | 42 | 2.0% | $13,300 |
| 50+ yrs | 914 | 23% | 64 | 4.5% | $23,900 |
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 | 1,534 | 18% | 65 | 3.6% | $26,100 |
| No crawl space | 2,611 | 15% | 40 | 3.0% | $17,900 |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 7746 Alexander Road A-D, WilmingtonBack on the market · $799,000 · fell apart Oct 20, 2026
- 318 Colonial Drive, WilmingtonBack on the market · $895,000 · fell apart Sep 25, 2026
- 618 S Fourth Avenue 1, Kure BeachBack on the market · $699,000 · fell apart Sep 3, 2026
- 6617 Windingwood Lane, WilmingtonBack on the market · $768,000 · fell apart Aug 31, 2026
- 1231 Pinfish Lane, Carolina BeachBack on the market · $839,900 · fell apart Aug 27, 2026
- 1407 Searay Lane Unit 2, Carolina BeachBack on the market · $809,999 · fell apart Aug 20, 2026
- 902 Fifth Street S A & B, Carolina BeachBack on the market · $748,000 · fell apart Aug 19, 2026
- 1224 Williamsburg Court, WilmingtonBack on the market · $859,900 · fell apart Aug 6, 2026
- 713 Cecil Point, WilmingtonBack on the market · $795,000 · fell apart Jul 30, 2026
- 3334 Oyster Tabby Drive, WilmingtonBack on the market · $879,000 · fell apart Jun 24, 2026
- 1800 Canal Drive 111, Carolina BeachBack on the market · $795,000 · fell apart Apr 17, 2026
- 1800 Canal Drive 108, Carolina BeachBack on the market · $799,000 · fell apart Apr 17, 2026
- 2 Clam Shell Lane Unit 9, Carolina BeachBack on the market · $699,000 · fell apart Mar 28, 2026
Under contract again
Second try under way.
- 422 Settlers Lane, Kure BeachUnder contract again · $810,000 · fell apart Sep 28, 2026
- 305 Ivy Lane, Carolina BeachUnder contract again · $789,900 · fell apart Aug 16, 2026
- 1205 Swordfish Lane Unit 2, Carolina BeachUnder contract again · $740,000 · fell apart Jul 11, 2026
- 109 Green Turtle Lane, Carolina BeachUnder contract again · $859,000 · fell apart Jun 30, 2026
- 103 Georgia Avenue, Carolina BeachUnder contract again · $750,000 · fell apart May 28, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 1846 Glen Eagles Lane, WilmingtonSold · $745,000 · fell apart Aug 18, 2026
- 1102 Canal Drive Unit A, Carolina BeachSold · $825,000 · fell apart Jun 27, 2026
- 5613 Pinecone Place, WilmingtonSold · $800,000 · fell apart Jun 23, 2026
- 3350 Oyster Tabby Drive, WilmingtonSold · $745,000 · fell apart Jun 22, 2026
- 2 Clam Shell Lane Unit 7, Carolina BeachSold · $700,000 · fell apart Jun 4, 2026
- 1715 Carolina Beach Avenue N, Carolina BeachSold · $850,000 · fell apart May 27, 2026
- 214 Fifth Avenue N, Kure BeachSold · $720,000 · fell apart May 20, 2026
- 240 N Water Street 1154, WilmingtonSold · $790,000 · fell apart May 14, 2026
- 704 Carolina Beach Avenue S, Carolina BeachSold · $810,000 · fell apart May 13, 2026
- 1916 Hawthorne Road, WilmingtonSold · $825,000 · fell apart Apr 21, 2026
- 1800 Canal Drive 304, Carolina BeachSold · $675,000 · fell apart Apr 17, 2026
- 8308 Lakeview Drive, WilmingtonSold · $800,000 · fell apart Apr 17, 2026
- 1801 Grace Street, WilmingtonSold · $675,000 · fell apart Apr 16, 2026
- 8709 Decoy Lane, WilmingtonSold · $1,060,000 · fell apart Apr 7, 2026
- 419 S Front Street, WilmingtonSold · $748,000 · fell apart Apr 6, 2026
- 309 Stradleigh Road, WilmingtonSold · $725,000 · fell apart Mar 27, 2026
- 7125 Saybrook Drive, WilmingtonSold · $930,000 · fell apart Mar 26, 2026
- 1712 Herons View Drive, WilmingtonSold · $865,000 · fell apart Mar 19, 2026
- 418 Columbia Avenue, Carolina BeachSold · $780,000 · fell apart Mar 16, 2026
- 313 Lord Drive, WilmingtonSold · $781,000 · fell apart Mar 7, 2026
- 5416 Andrews Reach Loop, WilmingtonSold · $895,000 · fell apart Mar 6, 2026
- 6533 Chalfont Circle, WilmingtonSold · $865,000 · fell apart Mar 2, 2026
- 8119 Yellow Daisy Drive, WilmingtonSold · $840,000 · fell apart Mar 1, 2026
- 1279 Pandion Drive, WilmingtonSold · $695,000 · fell apart Feb 1, 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 New Hanover County?
80 of about 423 contracts for homes listed $750K–$1M in New Hanover County fell apart over the last 12 months — about 1 in 5.
What does a failed contract cost a seller in New Hanover County?
About $52,000 on a typical $825,000 home — 90 extra days of holding costs (about $184 a day with a mortgage) plus a 4.3% lower sale price. With no mortgage it's about $40,100. 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.