Burnet County Inventory Signals a Buyer's Market

Is there enough housing for everyone looking to buy? In Burnet County, the answer is a definitive yes. The market currently holds 7.3 months of inventory, calculated by dividing the 492 active listings by the 50 homes that closed in October. This figure places the market firmly in buyer territory, where supply exceeds the typical six-month threshold for a balanced market. ALEX Intelligence analyzed the relationship between current stock and recent sales velocity to determine this classification. A reading of 7.3 months indicates that at the current pace of sales, it would take over seven months to sell all available homes without adding new listings. This abundance gives buyers significant leverage in negotiations, as evidenced by the fact that 92% of closed sales sold below their original list price. The median closing price for October was $380,000 across 50 transactions, a 21.8% increase from September but still 20.8% lower than the same month last year. Homes also took longer to sell, with the median days on market rising to 118 days, up 18% from the prior month and 9.3% higher than October 2025. While prices remain elevated compared to a year ago, the combination of high inventory and extended selling times suggests a favorable environment for purchasers seeking time to evaluate options. This data reflects single-family home sales net of seller-paid concessions. The market remains active with new listings outpacing closings, further fueling the supply side. Buyers can expect continued competition from other purchasers but benefit from a wider selection of properties and reduced pressure to waive contingencies or overbid. 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