Estimated cost of a dead deal
$20,300
on a typical $335,000 home with a mortgage · $16,100 if it's paid off
- Contracts that fell apart
- 23% about 1 in 4 · 42 of 180
- Extra days on the market
- 79 133 vs. 54 on the first contract
- Lower sale price
- 4.0 pts 91.5% vs. 95.5% of first asking
- Never sold at all
- 30% of the homes whose deal died
When a deal dies on a home listed $300K–$400K in Southport, it costs the seller about $20,300
42 of about 180 contracts for homes listed $300K–$400K in Southport fell apart over the last 12 months — about 1 in 4. The ones that sold later took 79 more days and sold for 4.0 points less of 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 $87 a day on a typical $335,000 home — 79 extra days is about $6,890.
- The price scar alone is about $13,400 on a $335,000 home.
- Where the MLS kept the date, the contract lasted a median of 20 days before it fell apart.
- 38% came back on the market at a lower price (a median 6.7% 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.
What would it cost you?
Put in your own numbers. Leave the loan at 0 if your home is paid off.
$20,300
79 extra days at about $87 a day = $6,892 in holding costs, plus $13,400 from a 4.0-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 $99/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 45% — after 133 days in all, for 91.5% 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- Never sold 19% — expired, canceled or withdrawn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 54 days and sold for 95.5% of their first price. 38% of the homes that came back on the market cut their price.
By age of the home
Older homes give inspectors more to find.
| Contracts | Fell apart | Extra days | Price scar | Est. cost | |
|---|---|---|---|---|---|
| Under 10 yrs | 179 | 16% | 87 | 4.9 pts | $42,400 |
| 10–19 yrs | 203 | 21% | 80 | 3.7 pts | $26,600 |
| 20–29 yrs | 321 | 24% | 95 | 5.2 pts | $30,300 |
| 30–49 yrs | 85 | 33% | 90 | 10.0 pts | $52,000 |
| 50+ yrs | 38 | 16% | — | — | — |
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 | 349 | 22% | 87 | 5.1 pts | $40,200 |
| No crawl space | 420 | 20% | 94 | 4.1 pts | $25,900 |
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 610 W Brown Street Apt E, SouthportBack on the market · $365,000 · fell apart Oct 2, 2026
- 4178 Cambridge Cove Circle SE Unit 2, SouthportBack on the market · $360,000 · fell apart Oct 1, 2026
- 3350 Club Villas Drive # 802, SouthportBack on the market · $344,900 · fell apart Sep 28, 2026
- 4965 Alamance Drive SE, SouthportBack on the market · $375,000 · fell apart Sep 19, 2026
- 3350 Club Villas Drive # 2102, SouthportBack on the market · $344,900 · fell apart Sep 10, 2026
- 3100 Marsh Grove Lane Unit 3211, SouthportBack on the market · $349,500 · fell apart Aug 15, 2026
- 349 Fifty Lakes Drive, SouthportBack on the market · $389,000 · fell apart May 10, 2026
Under contract again
Second try under way.
- 5219 Minnesota Drive SE, SouthportUnder contract again · $365,000 · fell apart Aug 26, 2026
- 4911 Beech Tree Drive SE, SouthportUnder contract again · $349,900 · fell apart Jul 31, 2026
- 4853 Abbington Oaks Way SE, SouthportUnder contract again · $349,900 · fell apart Mar 9, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 5187 Minnesota Drive SE, SouthportSold · $337,500 · fell apart Jun 24, 2026
- 227 E 11th Street, SouthportSold · $335,000 · fell apart May 18, 2026
- 4418 Willow Moss Way, SouthportSold · $318,000 · fell apart May 16, 2026
- 5228 Minnesota Drive SE, SouthportSold · $330,000 · fell apart May 14, 2026
- 4292 River Birch Drive, SouthportSold · $295,000 · fell apart May 1, 2026
- 216 Foxcroft Road, SouthportSold · $362,500 · fell apart Apr 16, 2026
- 5158 Elton Drive SE, SouthportSold · $335,000 · fell apart Apr 8, 2026
- 4998 N Hampton Drive SE, SouthportSold · $319,000 · fell apart Feb 24, 2026
- 566 Palmer Drive, SouthportSold · $279,500 · fell apart Jan 20, 2026
- 4862 Abbington Oaks Way SE, SouthportSold · $320,000 · fell apart Jan 8, 2026
- 4224 Cherry Laurel Lane SE, SouthportSold · $295,000 · fell apart Jan 3, 2026
- 150 Willetts Drive, SouthportSold · $210,000 · fell apart Jan 2, 2026
- 5154 Elton Drive SE, SouthportSold · $345,000 · fell apart Nov 30, 2025
- 5002 Harbour Way, SouthportSold · $300,000 · fell apart Nov 26, 2025
- 4353 Frying Pan Road SE, SouthportSold · $335,000 · fell apart Nov 22, 2025
- 710 Summit Road, SouthportSold · $275,000 · fell apart Nov 21, 2025
- 5001 Oquinn Boulevard SE Ste F, SouthportSold · $300,000 · fell apart Oct 20, 2025
- 1372 E Boiling Spring Road, SouthportSold · $241,000 · fell apart Oct 10, 2025
- 71 W South Shore Drive, SouthportSold · $325,000 · fell apart Oct 8, 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 Southport?
42 of about 180 contracts for homes listed $300K–$400K in Southport fell apart over the last 12 months — about 1 in 4.
What does a failed contract cost a seller in Southport?
About $20,300 on a typical $335,000 home — 79 extra days of holding costs (about $87 a day with a mortgage) plus a 4.0-point lower sale price. With no mortgage it's about $16,100.
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.