Burnet New Listings vs. Closings: The Supply Gap
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-23
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $289,000
6212 Fm 690, Burnet TX 78611 · MLS #6536776
Listed at $219,900, 2 bed, 1 bath, 1,088 sq ft. Listed 3% below the ALEX valuation; price reduced 10% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1184184775/6212-Fm-690-Burnet-TX
Lower-middle quartile: $289,000 to $340,000
105 Carmen CV, Burnet TX 78611 · MLS #5303190
Listed at $339,990, 4 bed, 3.5 bath, 2,101 sq ft. Listed 3% below the ALEX valuation; 21% under the local price per sq ft; price reduced 9% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1175154086/105-Carmen-CV-Burnet-TX
Upper-middle quartile: $340,000 to $550,000
12009 RR 2341, Burnet TX 78611 · MLS #4303627
Listed at $400,000, 3 bed, 2 bath, 1,440 sq ft. Listed 10% below the ALEX valuation; price reduced 18% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1180360169/12009-RR-2341-Burnet-TX
Upper quartile: $550,000 and up
1704 County Road 128, Burnet TX 78611 · MLS #2803912
Listed at $895,000, 3 bed, 3 bath, 2,531 sq ft. Listed 22% below the ALEX valuation; price reduced 25% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1183060552/1704-County-Road-128-Burnet-TX
Key figures · Burnet · rolling 6 months ending Sep 30, 2026
- 110 homes sold in Burnet in the 6 months ending Sep 30, 2026 (up 50.7% on a year earlier).
- Median sale price: $332,500 (down 1.3% on a year earlier).
- Median price per square foot: $207.
- Median days on market: 74.
- Median sale price as a share of the original list price: 91.3%.
- 167 homes for sale now, about 9.0 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
Burnet is seeing more homes hit the market than close escrow. In the rolling six months ending September 30, 2026, 170 new listings appeared while 110 sales closed, a gap of 60 properties that reflects current supply dynamics.
ALEX Intelligence analyzed the dual-axis trend of new listings versus closings to quantify this imbalance. The data shows that new listing volume rose significantly compared to the prior six-month period, which saw only 123 new listings and 93 closed sales. This increase in inventory activity contrasts with a modest rise in closing volume, which grew from 93 to 110 transactions over the same timeframe.
The median home price for these 110 closed sales was $332,500, down 5.0% from the prior period's $350,000. While the number of homes selling increased by roughly 18%, the pace of new listings outstripped this growth. This divergence suggests that while buyer activity is present, the rate at which properties are entering the market is currently higher than the rate at which they are being purchased.
The supply gap remains a key metric for buyers and sellers to watch. With 170 new listings added against 110 closings, the local inventory base has expanded relative to transaction volume. This pattern indicates a shift in market balance where listing activity is outpacing absorption, potentially influencing negotiation leverage and time on market for future transactions.
Want a closer look? Reply or call George at 713.918.9951 and we'll set up a 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, rolling 6 months ending Sep 30, 2026, n=110 closed sales
Cover photo: Buchanan Dam, west of Burnet by Larry D. Moore, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
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
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










