Estimated cost of a dead deal
$33,800
on a typical $537,500 home with a mortgage · $25,800 if it's paid off
- Contracts that fell apart
- 21% about 1 in 5 · 196 of 938
- Extra days on the market
- 93 138 vs. 45 on the first contract
- Lower sale price
- 4.1 pts 91.4% vs. 95.5% of first asking
- Never sold at all
- 23% of the homes whose deal died
When a deal dies in ZIP 28461, it costs the seller about $33,800
196 of about 938 contracts for resale homes in ZIP 28461 fell apart over the last 12 months — about 1 in 5. The ones that sold later took 93 more days and sold for 4.1 points less of their first asking price than homes that closed on the first contract. And 23% of the homes whose deal died never sold at all.
- Holding costs run about $127 a day on a typical $537,500 home — 93 extra days is about $11,780.
- The price scar alone is about $22,000 on a $537,500 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 7.1% 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.
What would it cost you?
Put in your own numbers. Leave the loan at 0 if your home is paid off.
$33,800
93 extra days at about $127 a day = $11,785 in holding costs, plus $22,037 from a 4.1-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 51% — after 138 days in all, for 91.4% of the first price
- Still trying 34% — back on the market or under contract again
- Never sold 15% — expired, canceled or withdrawn
Homes that sold on their first contract took 45 days and sold for 95.5% of their first price. 38% 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 112
- Week 25
- Week 310
- Week 46
- Week 50
- Week 62
- Week 73
- Week 83
- Later10
Based on the 51 deals where the MLS kept the contract date (median: 20 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 | 204 | 15% | 69 | 4.5 pts | $39,400 |
| 10–19 yrs | 210 | 21% | 79 | 3.6 pts | $26,700 |
| 20–29 yrs | 359 | 23% | 93 | 4.9 pts | $30,500 |
| 30–49 yrs | 125 | 26% | 107 | 6.4 pts | $56,600 |
| 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 | 352 | 22% | 87 | 5.1 pts | $40,200 |
| No crawl space | 524 | 19% | 96 | 3.7 pts | $31,500 |
By first asking price
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
- 4741 W Trace Drive, SouthportBack on the market · $229,000 · fell apart Oct 2, 2026
- 305 S Bald Head Wynd Unit 21, Bald Head IslandBack on the market · $985,000 · fell apart Oct 2, 2026
- 4178 Cambridge Cove Circle SE Unit 2, SouthportBack on the market · $360,000 · fell apart Oct 1, 2026
- 4249 Skeffington Court, SouthportBack on the market · $699,000 · fell apart Sep 29, 2026
- 3350 Club Villas Drive # 802, SouthportBack on the market · $344,900 · fell apart Sep 28, 2026
- 5052 Wyncie Wynd, SouthportBack on the market · $279,000 · fell apart Sep 28, 2026
- 2927 Trailwood Drive SE, SouthportBack on the market · $449,000 · fell apart Sep 25, 2026
- 3030 Marsh Winds Circle Unit 102, SouthportBack on the market · $259,900 · fell apart Sep 24, 2026
- 301 E West Street, SouthportBack on the market · $989,500 · fell apart Sep 22, 2026
- 11 East Beach Drive, Bald Head IslandBack on the market · $15,999,000 · fell apart Sep 19, 2026
- 4965 Alamance Drive SE, SouthportBack on the market · $375,000 · fell apart Sep 19, 2026
- 4285 Loblolly Circle SE, SouthportBack on the market · $699,900 · fell apart Sep 18, 2026
- 1111 Newton Drive SE, SouthportBack on the market · $841,500 · fell apart Sep 12, 2026
- 3350 Club Villas Drive # 2102, SouthportBack on the market · $344,900 · fell apart Sep 10, 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
- 1021 Filmore Street, SouthportBack on the market · $259,000 · fell apart Aug 27, 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
- 301 E Bay Street, SouthportBack on the market · $2,799,000 · fell apart Aug 18, 2026
- 2117 Maple Leaf Drive, SouthportBack on the market · $429,000 · fell apart Aug 16, 2026
- 3100 Marsh Grove Lane Unit 3211, SouthportBack on the market · $349,500 · fell apart Aug 15, 2026
- 4387 Gauntlet Drive SE, SouthportBack on the market · $559,000 · fell apart Aug 10, 2026
Under contract again
Second try under way.
- 2787 St James Drive SE, SouthportUnder contract again · $849,000 · fell apart Sep 18, 2026
- 810 E Cape Harbor Drive, SouthportUnder contract again · $499,500 · fell apart Sep 16, 2026
- 6465 Walden Pond Lane, SouthportUnder contract again · $925,000 · fell apart Sep 16, 2026
- 7130 River Road SE, SouthportUnder contract again · $540,000 · fell apart Sep 12, 2026
- 5219 Minnesota Drive SE, SouthportUnder contract again · $365,000 · fell apart Aug 26, 2026
- 280 Crystal Road, SouthportUnder contract again · $259,900 · fell apart Aug 12, 2026
- 3185 Wexford Way, SouthportUnder contract again · $539,000 · fell apart Aug 12, 2026
- 6131 River Sound Circle, SouthportUnder contract again · $769,000 · fell apart Aug 5, 2026
- 4911 Beech Tree Drive SE, SouthportUnder contract again · $349,900 · fell apart Jul 31, 2026
- 2920 Legends Drive, SouthportUnder contract again · $849,000 · fell apart Jul 27, 2026
- 3931 Members Club Boulevard, SouthportUnder contract again · $755,000 · fell apart Jul 3, 2026
- 3030 Marsh Winds Circle Unit 802, SouthportUnder contract again · $274,000 · fell apart Jun 17, 2026
- 4510 Fieldstone Circle, SouthportUnder contract again · $1,085,000 · fell apart Mar 25, 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.
- 20 Bay Tree Trail Unit 6a, Bald Head IslandSold · $582,000 · fell apart Sep 13, 2026
- 1281 Spring Lake Drive, SouthportSold · $440,000 · fell apart Aug 1, 2026
- 295 Redwood Road, SouthportSold · $85,000 · fell apart Jul 15, 2026
- 1831 Pinehurst Road, SouthportSold · $395,000 · fell apart Jul 15, 2026
- 1121 Spincast Road, SouthportSold · $540,000 · fell apart Jul 12, 2026
- 2911 Legends Drive, SouthportSold · $910,000 · fell apart Jul 11, 2026
- 796 Indigo Village Court, SouthportSold · $392,500 · fell apart Jul 7, 2026
- 3582 Woodcrest Lane, SouthportSold · $795,000 · fell apart Jul 4, 2026
- 811 S Bald Head Wynd # B, Bald Head IslandSold · $1,100,000 · fell apart Jul 2, 2026
- 3826 Grand Willow Circle, SouthportSold · $840,000 · fell apart Jun 29, 2026
- 5187 Minnesota Drive SE, SouthportSold · $337,500 · fell apart Jun 24, 2026
- 4690 Port Loop Road SE, SouthportSold · $170,000 · fell apart Jun 17, 2026
- 3766 Oakwood Drive SE, SouthportSold · $285,000 · fell apart Jun 8, 2026
- 515 Sir Williams, SouthportSold · $684,987 · fell apart Jun 4, 2026
- 6179 Compass Court, SouthportSold · $897,000 · fell apart Jun 3, 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
- 5 Grove Court, Bald Head IslandSold · $1,030,000 · fell apart May 22, 2026
- 371 Pine Lake Road, SouthportSold · $242,500 · fell apart May 19, 2026
- 227 E 11th Street, SouthportSold · $335,000 · fell apart May 18, 2026
- 3073 Beachcomber Drive, SouthportSold · $795,000 · fell apart May 17, 2026
- 4418 Willow Moss Way, SouthportSold · $318,000 · fell apart May 16, 2026
- 930 Palmetto Road, SouthportSold · $415,000 · fell apart May 15, 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 ZIP 28461?
196 of about 938 contracts for resale homes in ZIP 28461 fell apart over the last 12 months — about 1 in 5.
What does a failed contract cost a seller in ZIP 28461?
About $33,800 on a typical $537,500 home — 93 extra days of holding costs (about $127 a day with a mortgage) plus a 4.1-point lower sale price. With no mortgage it's about $25,800.
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. The MLS doesn't record why a contract ended. Source: Hive MLS data compiled by the Buddy Blake Team, updated October 3, 2026.