Estimated cost of a dead deal
$52,000
on a typical $428,250 home with a mortgage · $45,800 if it's paid off
- Contracts that fell apart
- 33% about 1 in 3 · 28 of 85
- Extra days on the market
- 90 130 vs. 40 on the first contract
- Lower sale price
- 10.0 pts 84.7% vs. 94.7% of first asking
- Never sold at all
- 21% of the homes whose deal died
When a deal dies on a home 30–49 years old in Southport, it costs the seller about $52,000
28 of about 85 contracts for homes 30–49 years old in Southport fell apart over the last 12 months — about 1 in 3. The ones that sold later took 90 more days and sold for 10.0 points less of their first asking price than homes that closed on the first contract. And 21% of the homes whose deal died never sold at all.
- Holding costs run about $101 a day on a typical $428,250 home — 90 extra days is about $9,130.
- The price scar alone is about $42,800 on a $428,250 home.
- Where the MLS kept the date, the contract lasted a median of 52 days before it fell apart.
- 43% came back on the market at a lower price (a median 8.9% 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.
$52,000
90 extra days at about $101 a day = $9,128 in holding costs, plus $42,825 from a 10.0-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.
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 39% — after 130 days in all, for 84.7% of the first price
- Still trying 50% — back on the market or under contract again
- Never sold 11% — expired, canceled or withdrawn
Homes that sold on their first contract took 40 days and sold for 94.7% of their first price. 43% of the homes that came back on the market cut their price.
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 |
By first asking price
Homes behind the numbers
Back on the market
Their contract fell apart; they're for sale again.
- 4741 W Trace Drive, SouthportBack on the market · $229,000 · fell apart Oct 2, 2026
- 3030 Marsh Winds Circle Unit 102, SouthportBack on the market · $259,900 · fell apart Sep 24, 2026
- 1111 Newton Drive SE, SouthportBack on the market · $841,500 · fell apart Sep 12, 2026
- 1021 Filmore Street, SouthportBack on the market · $259,000 · fell apart Aug 27, 2026
- 4387 Gauntlet Drive SE, SouthportBack on the market · $559,000 · fell apart Aug 10, 2026
- 3030 Marsh Winds Circle Unit 205, SouthportBack on the market · $244,000 · fell apart Feb 19, 2026
Under contract again
Second try under way.
- 7130 River Road SE, SouthportUnder contract again · $540,000 · fell apart Sep 12, 2026
- 3030 Marsh Winds Circle Unit 802, SouthportUnder contract again · $274,000 · fell apart Jun 17, 2026
Sold after a deal fell apart
It closed — on a later contract.
- 295 Redwood Road, SouthportSold · $85,000 · fell apart Jul 15, 2026
- 4690 Port Loop Road SE, SouthportSold · $170,000 · fell apart Jun 17, 2026
- 227 E 11th Street, SouthportSold · $335,000 · fell apart May 18, 2026
- 4243 Main Sail Street SE, SouthportSold · $204,000 · fell apart Apr 18, 2026
- 4812 Coastal Drive SE, SouthportSold · $124,000 · fell apart Mar 19, 2026
- 566 Palmer Drive, SouthportSold · $279,500 · fell apart Jan 20, 2026
- 4176 Silverleaf Drive SE, SouthportSold · $410,000 · fell apart Jan 18, 2026
- 2000 Bonner Bussells Drive SE, SouthportSold · $445,000 · fell apart Dec 29, 2025
- 3565 St James Drive SE, SouthportSold · $475,000 · fell apart Dec 3, 2025
- 710 Summit Road, SouthportSold · $275,000 · fell apart Nov 21, 2025
- 4148 Carlyle Place SE, SouthportSold · $395,000 · fell apart Oct 27, 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?
28 of about 85 contracts for homes 30–49 years old in Southport fell apart over the last 12 months — about 1 in 3.
What does a failed contract cost a seller in Southport?
About $52,000 on a typical $428,250 home — 90 extra days of holding costs (about $101 a day with a mortgage) plus a 10.0-point lower sale price. With no mortgage it's about $45,800.
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.