Thompson Gallaher Team

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Hendersonville’s market this week…370 current active/coming soon listings.29 homes accepted contracts this past week.Of ...
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

Also, message me if you’d like to receive our weekly Hendersonville newsletter.

05/08/2026

Hendersonville’s market this week
Its busy season in real estate and the market reflects it with 347 current Active/Coming Soon listings.

In the last week 26 homes have accepted an offer and went under contract.

13 listings have expired/canceled (Could be for a number of reasons.... doing repairs, refreshing the listing, changing agents, or maybe they just decided now is not the right time for their family to move).

22 homes have sold this week. That is up from the 17 that have sold this time last year.

The national average mortgage rate today is currently at 6.42% (Mortgage News Daily). A lot of us wish for lower rates. One thing to be grateful for is the spread between the 10yr Treasury yield & Mortgage Rates. Even with everything going on Mortgage rates are being somewhat helped by spreads improving from the ugly 2023 levels. If we had the bad spread of late 2023, today’s Mortgage rates would be near 8%

Overall, Buyers are active and pull the trigger on homes that are positioned and priced well. Every little thing matters. Do the repairs you’ve been putting off. DECLUTTER & clean. Do your best to always have your home show ready. Run the paid advertisements and for the love of God make sure to have professional photos taken😂
The little things are what makes a difference in this market.

Happy Mother’s Day weekend everyone ❗️

04/24/2026

Hendersonville market this week…

27 homes sold in the last 7 days, which is up from 12 at this time last year.

41 homes went under contract.

23 listings were canceled/expired & came off the market without selling. Last year that number was only 14. Listings get canceled for all kinds of reasons… sellers changing their mind, life changes, switching strategies or agents, frustration with lack of activity, etc.

To me, these stats show that buyers are still out there, but they’re being a lot pickier. Rachel & I are seeing almost every offer on our listings ask for seller concessions right now.

Homes are still selling, but overpriced homes… or homes that aren’t marketed/positioned well are sitting for longer. Homes that are priced right & positioned well are still moving rather quickly.

There are also 331 active/coming soon listings right now, so sellers definitely have competition.

I love looking at the stats daily and just figured I’d share. Hope everyone has a great weekend!

H.B. & Rachel
Thompson Gallaher Team
Compass Hendersonville

04/08/2026

Come see this beautiful 4 Bedroom home in Fairvue Plantation ! Walk to the lake, easy access to The Grasslands, a newer roof, and 2 bedrooms on the main level 😎

Today we are finally going active with 1025 Laffite Way in Fairvue Plantation. Showings start at the Open House today fr...
03/29/2026

Today we are finally going active with 1025 Laffite Way in Fairvue Plantation. Showings start at the Open House today from 2-4pm. This is the only 4 bedroom in Fairvue Plantation for under $800K. This home offers ample storage and multiple living spaces making it a perfect home for entertaining. The primary bedroom is conveniently located on the main floor and offers a large walk-in closet, jetted tub and walk-in shower. Additionally, there is a multifunctional bedroom on the main floor featuring a walk-in closet and jack-and-jill bathroom, making it a perfect guest bedroom and/or office. Upstairs you will find 2 comfortably sized bedrooms, a full bathroom and a large bonus room which has plenty of room for additional living space but could also benefit as an additional bedroom and offers a massive walk-in attic storage space. Outside you will find a lovely coy pond within a fully fenced backyard, a patio for grilling out and sun bathing, and a back porch where you will want to spend most of your days. The back porch features hookups for a TV, a ceiling fan, and motorized retractable solar screens that block UV rays and provide privacy (they reduce heat transfer and allow you to see out while preventing neighbors from seeing in). The Fairvue Plantation community allows direct access to Tennessee Grasslands Golf and Country Club, with beautiful lake and golf course scenery as you travel through the neighborhood. The community is conveniently located close to plenty of shopping, lake access, restaurants, recreation and the highly sought after Station Camp schools. Experience comfort, convenience and the Fairvue lifestyle in one of Gallatin’s most desirable communities!

Hendersonville Market Update 🏠 Since March 1st, the market in Hendersonville has picked up in a big way• 73 homes sold (...
03/26/2026

Hendersonville Market Update 🏠

Since March 1st, the market in Hendersonville has picked up in a big way

• 73 homes sold (up from 49 last year)
• 77 homes went under contract
• Cancellations/expirations dropped to 59 (down from 75)

332 active/coming soon listings, inventory is still strong, creating a more balanced market.
What this means:
Buyers have more options, but homes that are positioned well still move quickly.

If you’ve been thinking about making a move, this spring could be a great window.

H.B. & Rachel
Thompson Gallaher Team
Compass Hendersonville
615.948.4860
[email protected]

03/24/2026

Coming Soon in Fairvue Plantation 🏡

1025 Laffite Way
• Main-level primary suite
• Flexible office/guest space
• Bonus room + huge storage
• Backyard built for entertaining (koi pond + covered porch)

Open House this Sunday 2–4 PM

Fairvue living at its best—don’t miss it.

03/22/2026

Come see the best priced home in Wynbrooke😎

3009 Kimley Shores Dr is SOLD ❗️Rachel & I first connected w/ these clients after their home didn’t sell w/ their previo...
03/20/2026

3009 Kimley Shores Dr is SOLD ❗️
Rachel & I first connected w/ these clients after their home didn’t sell w/ their previous agent. Their goal was simple..to be closer to family.
We helped them find a home that checked every box: renovated, one-level, & close to their daughter. How about immediately next door to their daughter😎
We then were able to sell their in Hendersonville that failed to sell with their previous agent. We did so by using data driven advertising, Compass’s 3 Phase Marketing, & positioning the property so well that the home would have multiple suiters.

The result? A successful sale & a smooth transition into their next chapter.

Thank you, Mr. & Mrs. Wallace, for trusting us with both sides of this journey. Congrats on being closer to family 😎

03/04/2026

New listing going live tomorrow❗️Lowest priced home in the Wynbrooke neighborhood of Hendersonville 😎 Open House is this Sunday from 2-4pm. Hope to see you there❗️

Unit 205 in Mason Lofts @ West End is officially sold❗️ Some transactions are harder than others especially when the HOA...
02/28/2026

Unit 205 in Mason Lofts @ West End is officially sold❗️ Some transactions are harder than others especially when the HOA skyrockets and permits become non-transferable. Nevertheless Rachel and I were able to get it done. Congrats to clients❗️On to the next one❗️

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1033 Demonbreun Street, Suite 300
Nashville, TN
37203

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