Burnet: Months of Inventory Signal Buyer Market

Deal of the Week

Deal of the Week · 3024 E HWY 29, Burnet TX 78611 · MLS #7902020 · Listed by eXp Realty, LLC. ALEX valuation $300,000 is an ALEX Intelligence estimate, not an appraisal.

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 currently holds 9.35 months of inventory based on 110 closed sales over the last six months. This figure is calculated by dividing the current active listings of 173 homes by the 111 closed sales recorded in that same six-month window. In market analysis, a reading above six months typically classifies the environment as a buyer's market, giving purchasers more leverage in negotiations and selection. The data shows that median closed prices have dipped 5.0% compared to the prior six-month period, settling at $332,500 across 110 transactions. Meanwhile, the share of homes selling below original list price has risen slightly to 90%, reflecting the increased supply relative to demand. Homes are taking a median of 74 days to sell, which is consistent with the prior period but down 7.5% from the same window last year. ALEX Intelligence applies this inventory classification by comparing current stock levels against historical absorption rates. With nearly ten months of supply available, the market conditions favor buyers who can take their time to find a home that meets their needs without facing immediate bidding pressure. This balance persists despite a 4.0% increase in price per square foot, suggesting that higher prices are being offset by the sheer volume of available properties. https://alex.realestate/market-data/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 Partner, 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