Estimated cost of a dead deal
$21,400
on a typical $405,000 home with a mortgage · $18,300 if it's paid off
Plus about $3,300 on average in repairs or credits to the buyer — about $24,700 all in (how we got that)
- Contracts that fell apart
- 17%about 1 in 6 · 252 of 1,527
- Extra days on the market
- 4976 vs. 27 on the first contract
- Lower sale price
- 4.1%93.3% vs. 97.4% of first asking
- Never sold at all
- 20%of the homes whose deal died
When a deal died in southeastern NC in July 2026, it cost the seller about $21,400
252 of about 1,527 contracts for resale homes in southeastern NC fell apart in July 2026 — about 1 in 6. The ones that sold later took 49 more days and sold for 4.1% less (measured against their first asking price) than homes that closed on the first contract. And 20% of the homes whose deal died never sold at all. That's up 1.2 points from July 2025.
- Holding costs run about $99 a day on a typical $405,000 home — 49 extra days is about $4,840.
- The price scar alone is about $16,600 on a $405,000 home.
- Where the MLS kept the date, the contract lasted a median of 19 days before it fell apart.
- 42% came back on the market at a lower price (a median 6.4% 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.
$24,700
49 extra days at about $99 a day = $4,840 in holding costs, plus $16,605 from a 4.1% 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 $23/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.
Compared with other months
| Fell apart | Deals lost | Contracts | Est. cost | |
|---|---|---|---|---|
| July 2026 | 17% | 252 | 1527 | $21,400 |
| Month before | 15% | 247 | 1614 | $14,500 |
| Same month last year | 15% | 216 | 1408 | $22,100 |
Deals that fell apart in a recent month may still sell — their "what happened next" fills in over the coming months.
What happened next
- Sold later 52% — after 76 days in all, for 93.3% of the first price
- Still trying 35% — back on the market or under contract again
- Never sold 13% — expired, canceled or withdrawn
Homes that sold on their first contract took 27 days and sold for 97.4% of their first price. 42% 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 110
- Week 210
- Week 316
- Week 410
- Week 53
- Week 65
- Week 73
- Week 82
- Later7
Based on the 66 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 | 362 | 12% | 40 | 4.1% | $23,700 |
| 10–19 yrs | 276 | 12% | 17 | 2.3% | $10,200 |
| 20–29 yrs | 365 | 18% | 50 | 4.0% | $22,000 |
| 30–49 yrs | 328 | 22% | 76 | 7.0% | $34,100 |
| 50+ yrs | 195 | 19% | 35 | 3.1% | $11,800 |
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 | 433 | 19% | 49 | 3.6% | $20,700 |
| No crawl space | 1,003 | 15% | 47 | 3.3% | $18,000 |
By first asking price
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under $300K | 411 | 19% | 44 | 1.9% | $7,500 |
| $300–400K | 344 | 14% | 35 | 3.7% | $15,500 |
| $400–500K | 205 | 19% | 57 | 2.0% | $14,400 |
| $500–750K | 302 | 15% | 88 | 7.3% | $53,900 |
| $750K–1M | 127 | 13% | — | — | — |
| $1M+ | 138 | 18% | 124 | 6.4% | $120,400 |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 117 Vistamar Drive, WilmingtonBack on the market · $500,000 · fell apart Jul 31, 2026
- 2617 E Beach Drive, Oak IslandBack on the market · $2,290,000 · fell apart Jul 31, 2026
- 103 Glenside Court, Midway ParkBack on the market · $150,000 · fell apart Jul 31, 2026
- 993 Middleton Drive NW, CalabashBack on the market · $599,900 · fell apart Jul 30, 2026
- 324 Cypress Avenue, Holly RidgeBack on the market · $237,900 · fell apart Jul 30, 2026
- 3784 Crab Catcher Loop NE, LelandBack on the market · $829,000 · fell apart Jul 30, 2026
- 713 Cecil Point, WilmingtonBack on the market · $795,000 · fell apart Jul 30, 2026
- 4949 Glen Garden Circle, LelandBack on the market · $509,500 · fell apart Jul 29, 2026
- 712 Channel Boulevard, Topsail BeachBack on the market · $1,385,000 · fell apart Jul 28, 2026
- 133 SE 48th Street, Oak IslandBack on the market · $850,000 · fell apart Jul 27, 2026
- 504 Periwinkle Way, Caswell BeachBack on the market · $660,000 · fell apart Jul 25, 2026
- 2094 Traders Neck Road, HampsteadBack on the market · $649,900 · fell apart Jul 24, 2026
- 1506 E Oak Island Drive, Oak IslandBack on the market · $650,000 · fell apart Jul 24, 2026
- 912 Hazel Bill Court, WilmingtonBack on the market · $699,000 · fell apart Jul 23, 2026
- 2250 New River Inlet Road Unit 114, North Topsail BeachBack on the market · $140,000 · fell apart Jul 23, 2026
- 105 E Keel Drive, HampsteadBack on the market · $720,000 · fell apart Jul 22, 2026
- 670 Calabash Road NW, CalabashBack on the market · $143,000 · fell apart Jul 22, 2026
- 2000 New River Inlet Road 3201, North Topsail BeachBack on the market · $233,000 · fell apart Jul 21, 2026
- 122 E Brandywine Circle E, WilmingtonBack on the market · $290,000 · fell apart Jul 21, 2026
- 118 Princeton Drive, JacksonvilleBack on the market · $235,000 · fell apart Jul 20, 2026
- 801 Oyster Landing, WilmingtonBack on the market · $2,298,000 · fell apart Jul 20, 2026
- 108 Oyster Landing Drive, Sneads FerryBack on the market · $315,000 · fell apart Jul 20, 2026
- 10113 Belville Oaks Lane, LelandBack on the market · $418,800 · fell apart Jul 17, 2026
- 3008 Arundel Hill SW, ShallotteBack on the market · $450,000 · fell apart Jul 16, 2026
Under contract again
Second try under way.
- 108 Country Farm Lane, BeulavilleUnder contract again · $199,000 · fell apart Jul 31, 2026
- 4911 Beech Tree Drive SE, SouthportUnder contract again · $349,900 · fell apart Jul 31, 2026
- 204 Shamrock Drive, JacksonvilleUnder contract again · $209,000 · fell apart Jul 30, 2026
- 412 Dogwood Lane, WilmingtonUnder contract again · $459,000 · fell apart Jul 29, 2026
- 602 Walston Drive, WilmingtonUnder contract again · $383,900 · fell apart Jul 29, 2026
- 103 Willbarry Road, JacksonvilleUnder contract again · $199,000 · fell apart Jul 29, 2026
- 103 Ike Drive, WilmingtonUnder contract again · $450,000 · fell apart Jul 28, 2026
- 105 Lunington Mill Circle, BurgawUnder contract again · $345,000 · fell apart Jul 28, 2026
- 17 Jenn Road, BurgawUnder contract again · $375,000 · fell apart Jul 28, 2026
- 788 Breezewood Drive SE, BoliviaUnder contract again · $674,999 · fell apart Jul 24, 2026
- 5431 Cardinal Road SW, Ocean Isle BeachUnder contract again · $185,000 · fell apart Jul 23, 2026
- 335 Bull Tail Road, WallaceUnder contract again · $624,999 · fell apart Jul 18, 2026
- 422 Thomas Drive, JacksonvilleUnder contract again · $239,900 · fell apart Jul 17, 2026
- 1796 New River Inlet Road, North Topsail BeachUnder contract again · $899,000 · fell apart Jul 16, 2026
- 124 Saint Road, RichlandsUnder contract again · $344,000 · fell apart Jul 13, 2026
- 1205 Swordfish Lane Unit 2, Carolina BeachUnder contract again · $740,000 · fell apart Jul 11, 2026
- 314 Glenhaven Lane, JacksonvilleUnder contract again · $187,500 · fell apart Jul 8, 2026
- 146 Freeboard Lane, Carolina ShoresUnder contract again · $225,000 · fell apart Jul 7, 2026
- 648 Village Park Drive 204, WilmingtonUnder contract again · $479,000 · fell apart Jul 6, 2026
- 1004 Springdale Drive, JacksonvilleUnder contract again · $229,999 · fell apart Jul 3, 2026
- 3931 Members Club Boulevard, SouthportUnder contract again · $755,000 · fell apart Jul 3, 2026
- 513 Saratoga Road, Sneads FerryUnder contract again · $497,500 · fell apart Jul 1, 2026
- 315 Brunswick Avenue W, Holden BeachUnder contract again · $665,000 · fell apart Jul 1, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 403 E Foy Street, RichlandsSold · $210,000 · fell apart Jul 31, 2026
- 2070 Helmsman Drive SW, SupplySold · $227,000 · fell apart Jul 31, 2026
- 912 Terraces Lane, HampsteadSold · $519,900 · fell apart Jul 31, 2026
- 4443 Holly Tree Road, WilmingtonSold · $183,000 · fell apart Jul 31, 2026
- 202 Lewis Drive Unit 1207, Carolina BeachSold · $465,000 · fell apart Jul 31, 2026
- 690 Maple Hill School Road, Maple HillSold · $195,000 · fell apart Jul 31, 2026
- 1024 Spring Villa Drive, JacksonvilleSold · $239,900 · fell apart Jul 30, 2026
- 1734 Sandalwood Drive SW, Ocean Isle BeachSold · $347,000 · fell apart Jul 30, 2026
- 908 Daniel Drive, JacksonvilleSold · $320,000 · fell apart Jul 30, 2026
- 411 Wynbrookee Lane, JacksonvilleSold · $290,000 · fell apart Jul 30, 2026
- 206 Hemming Way, JacksonvilleSold · $434,900 · fell apart Jul 30, 2026
- 7012 Murrayville Road, WilmingtonSold · $290,000 · fell apart Jul 30, 2026
- 203 Grafton Court, JacksonvilleSold · $307,000 · fell apart Jul 29, 2026
- 2111 Jumpin Run Drive, WilmingtonSold · $356,000 · fell apart Jul 29, 2026
- 7760 Marymount Drive, WilmingtonSold · $380,000 · fell apart Jul 28, 2026
- 6910 12th Avenue, North Topsail BeachSold · $480,000 · fell apart Jul 28, 2026
- 106 Madelyn Drive, RichlandsSold · $197,000 · fell apart Jul 28, 2026
- 119 Dogwood Circle, LelandSold · $215,557 · fell apart Jul 28, 2026
- 2920 Legends Drive, SouthportSold · $820,000 · fell apart Jul 27, 2026
- 121 Bryan Street, JacksonvilleSold · $189,000 · fell apart Jul 27, 2026
- 4 Schooner Drive, SwansboroSold · $276,500 · fell apart Jul 26, 2026
- 303 Brothers Lane, JacksonvilleSold · $260,000 · fell apart Jul 25, 2026
- 460 N Anderson Boulevard, Topsail BeachSold · $1,700,000 · fell apart Jul 25, 2026
- 3512 Golden Rod Drive, ShallotteSold · $290,000 · fell apart Jul 25, 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 southeastern NC?
252 of about 1,527 contracts for resale homes in southeastern NC fell apart in July 2026 — about 1 in 6.
What does a failed contract cost a seller in southeastern NC?
About $21,400 on a typical $405,000 home — 49 extra days of holding costs (about $99 a day with a mortgage) plus a 4.1% lower sale price. With no mortgage it's about $18,300. 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. Numbers for July 2026 only.