05/21/2026
Hendersonville’s market this week…
370 current active/coming soon listings.
29 homes accepted contracts this past week.
Of those 29 homes, 9 had to reduce their price before getting an accepted offer... and 6 of those 9 needed multiple price reductions.
17 homes sold this past week. Interestingly, 10 of the 17 had previously been taken off the market and later re-listed before finally selling. Some changed pricing, photos, or even agents. Positioning matters.
20 listings canceled or expired this week (homes that came off the market without selling). Only 7 of the 20 had reduced their price beforehand. That can mean a few different things... sellers holding firm on price, testing the market, changing plans, or possibly preparing to re-list later.
Mortgage rates were also volatile this week. The average rate briefly climbed to around 6.75% before dropping back closer to 6.67%.
Even with higher rates, this is still seasonally one of the busiest times of year. People continue moving because life keeps happening... marriages, divorces, job relocations, growing families, downsizing, deaths in the family, etc.
You’ll see headlines and social media posts saying the market is either “hot” or “crashing” depending on the day. Real estate is hyper local, so Rachel & I watch the Hendersonville market daily to keep a pulse on what’s actually happening here.
One thing the numbers continue showing... if a home doesn’t sell the first time, that does not automatically mean it won’t sell at all. Many of the homes that closed recently had to be re-positioned 1st before finding the right buyer.
Hope everyone has a great Memorial Day weekend... and make good choices
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