Burnet Market: 9.3 Months of Inventory Signals Buyer Leverage

Deal of the Week

3024 E HWY 29, Burnet TX 78611
This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 3024 E HWY 29, Burnet TX 78611 · MLS #7902020 Listed at $270,000, 1 bed, 1.5 bath, 1,642 sq ft. Listed 10% below the ALEX valuation; 20% under the local price per sq ft; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1178676625/3024-E-HWY-29-Burnet-TX 2. 501 Possum Trot ST, Burnet TX 78611 · MLS #8356892 Listed at $273,000, 4 bed, 2 bath, 1,992 sq ft. Listed 5% below the ALEX valuation; 33% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182521273/501-Possum-Trot-ST-Burnet-TX 3. 200 Apache Trail ST, Burnet TX 78611 · MLS #2033886 Listed at $699,000, 7 bed, 3 bath, 3,518 sq ft. Listed 5% below the ALEX valuation; 3% under the local price per sq ft; price reduced 19% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1173767307/200-Apache-Trail-ST-Burnet-TX 4. 112 Hayburner RD, Burnet TX 78611 · MLS #1984109 Listed at $288,990, 3 bed, 2 bath, 1,477 sq ft. Listed 9% below the ALEX valuation; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1178823857/112-Hayburner-RD-Burnet-TX 5. 114 Big Sky, Burnet TX 78611 · MLS #5957973 Listed at $810,000, 4 bed, 3.5 bath, 3,052 sq ft. Listed 12% below the ALEX valuation; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1147022107/114-Big-Sky-Burnet-TX
Burnet County is currently operating with 9.35 months of inventory based on the last six months of activity. This figure represents the time it would take to sell all current active listings at the current sales pace. A market typically shifts from a seller's environment to a buyer's environment once inventory exceeds six months. ALEX Intelligence calculated this balance by dividing the 173 active listings on the market today by the 110 closed sales recorded over the rolling six-month window. The result places Burnet firmly in buyer territory, where supply outstrips demand and negotiation power shifts toward purchasers. This abundance of choice is reflected in pricing dynamics. The median close price of $332,500 represents a 5% decrease from the prior six-month period, while homes are selling for 91.3% of their original list price on average. Additionally, 90% of closed sales occurred below the original asking price, indicating that buyers frequently secure deals under list value in this environment. While the median days on market remains steady at 74 days compared to the prior period, the extended inventory duration suggests a slower pace of absorption. For sellers, this data indicates that pricing must align closely with current market realities to attract offers, as the window for overpricing has closed. URL: https://alex.realestate/market/burnet Want to see this home? Call or text George at 713.918.9951 for a private showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951
Source data: Unlock MLS closed sales and active listings, rolling 6 months ending Sep 30, 2026, n=110
Cover photo: Buchanan dam texas 2014.jpg by Larry D. Moore, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
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Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B  ·  George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov