Burnet County: New Listings vs. Closings Show Supply Gap

Burnet County is currently experiencing a distinct supply gap where new listings are outpacing closings. In October 2026, 101 new homes hit the market while only 50 sales closed, creating a net increase in available inventory. This dynamic contrasts with the prior month of September, which saw 87 new listings and 65 closings, indicating that the influx of new supply has accelerated relative to buyer demand. ALEX Intelligence analyzed the dual-axis trend of supply and demand to quantify this gap. The ratio of new listings to closed sales rose from approximately 1.34 in September to 2.02 in October. This shift suggests a growing pool of homes for sale, as the number of new entries nearly doubled the volume of transactions. The median price for these 50 closed sales was $380,000, up 21.8% from the prior month but down 20.8% compared to October 2025. While prices remain volatile year-over-year, the immediate effect of the listing surge is an expansion in months of inventory. With 496 active listings and a monthly close rate of roughly 50 homes, the market holds approximately 7.3 months of supply. For sellers, this environment implies increased competition as new properties enter the queue faster than they are absorbed. For buyers, the widening gap offers more selection but may extend time on market for individual properties. The data reflects a transition phase where supply is rebuilding after a period of tighter inventory. 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