Estimated cost of a dead deal
$49,600
on a typical $575,625 home with a mortgage · $40,000 if it's paid off
- Contracts that fell apart
- 18% about 1 in 5 · 39 of 214
- Extra days on the market
- 104 140 vs. 36 on the first contract
- Lower sale price
- 6.2 pts 90.3% vs. 96.5% of first asking
- Never sold at all
- 13% of the homes whose deal died
When a deal dies on a home listed $500K–$750K in Southport, it costs the seller about $49,600
39 of about 214 contracts for homes listed $500K–$750K in Southport fell apart over the last 12 months — about 1 in 5. The ones that sold later took 104 more days and sold for 6.2 points less of their first asking price than homes that closed on the first contract. And 13% of the homes whose deal died never sold at all.
- Holding costs run about $134 a day on a typical $575,625 home — 104 extra days is about $13,910.
- The price scar alone is about $35,700 on a $575,625 home.
- 49% came back on the market at a lower price (a median 10.3% 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.
$49,600
104 extra days at about $134 a day = $13,913 in holding costs, plus $35,689 from a 6.2-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 $100/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 54% — after 140 days in all, for 90.3% of the first price
- Still trying 38% — back on the market or under contract again
- Never sold 8% — expired, canceled or withdrawn
Homes that sold on their first contract took 36 days and sold for 96.5% of their first price. 49% 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.
- 4249 Skeffington Court, SouthportBack on the market · $699,000 · fell apart Sep 29, 2026
- 4285 Loblolly Circle SE, SouthportBack on the market · $699,900 · fell apart Sep 18, 2026
- 3583 W Medinah Avenue SE, SouthportBack on the market · $579,000 · fell apart Sep 2, 2026
- 3819 Berkeley Court, SouthportBack on the market · $634,000 · fell apart Sep 1, 2026
- 609 Clarendon Avenue, SouthportBack on the market · $650,000 · fell apart Aug 22, 2026
- 3574 White Spruce Glen, SouthportBack on the market · $549,000 · fell apart Aug 18, 2026
- 4387 Gauntlet Drive SE, SouthportBack on the market · $559,000 · fell apart Aug 10, 2026
- 6509 Walden Pond Lane, SouthportBack on the market · $639,000 · fell apart Jul 9, 2026
- 949 Fifty Lakes Drive, SouthportBack on the market · $650,000 · fell apart Jul 1, 2026
- 2792 Golfmaster Court SE, SouthportBack on the market · $669,500 · fell apart Jun 24, 2026
- 4223 W Tanager Court SE, SouthportBack on the market · $649,000 · fell apart May 12, 2026
Under contract again
Second try under way.
- 810 E Cape Harbor Drive, SouthportUnder contract again · $499,500 · fell apart Sep 16, 2026
- 7130 River Road SE, SouthportUnder contract again · $540,000 · fell apart Sep 12, 2026
- 3185 Wexford Way, SouthportUnder contract again · $539,000 · fell apart Aug 12, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 1121 Spincast Road, SouthportSold · $540,000 · fell apart Jul 12, 2026
- 515 Sir Williams, SouthportSold · $684,987 · fell apart Jun 4, 2026
- 2816 St James Drive SE, SouthportSold · $650,000 · fell apart Jun 3, 2026
- 4260 Loblolly Circle, SouthportSold · $620,000 · fell apart Jun 1, 2026
- 4405 Bluffan Court SE, SouthportSold · $472,000 · fell apart May 29, 2026
- 1236 N Caswell Avenue, SouthportSold · $565,000 · fell apart May 8, 2026
- 3288 Beach Cove Lane, SouthportSold · $530,000 · fell apart May 1, 2026
- 3809 Berkeley Court, SouthportSold · $645,000 · fell apart Mar 30, 2026
- 4366 Nandina Drive SE, SouthportSold · $512,500 · fell apart Feb 26, 2026
- 570 Virginia Road, SouthportSold · $612,500 · fell apart Feb 19, 2026
- 3215 Bay Winds Drive, SouthportSold · $540,000 · fell apart Jan 12, 2026
- 3449 Members Club Boulevard, SouthportSold · $612,000 · fell apart Jan 8, 2026
- 3244 Inland Cove Drive, SouthportSold · $625,000 · fell apart Dec 30, 2025
- 2000 Bonner Bussells Drive SE, SouthportSold · $445,000 · fell apart Dec 29, 2025
- 4134 S Lagoon Court, SouthportSold · $680,000 · fell apart Dec 23, 2025
- 3838 Winding Vine Way, SouthportSold · $575,000 · fell apart Dec 6, 2025
- 2904 Legends Drive, SouthportSold · $500,000 · fell apart Dec 4, 2025
- 3565 St James Drive SE, SouthportSold · $475,000 · fell apart Dec 3, 2025
- 1015 E Moore Street, SouthportSold · $655,000 · fell apart Dec 1, 2025
- 3965 Wendell Place # 1, SouthportSold · $639,000 · fell apart Nov 7, 2025
- 4255 Ashfield Place, SouthportSold · $615,500 · fell apart Oct 12, 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?
39 of about 214 contracts for homes listed $500K–$750K in Southport fell apart over the last 12 months — about 1 in 5.
What does a failed contract cost a seller in Southport?
About $49,600 on a typical $575,625 home — 104 extra days of holding costs (about $134 a day with a mortgage) plus a 6.2-point lower sale price. With no mortgage it's about $40,000.
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.