Burnet Market Inventory Signals Buyer Leverage Now

Is there enough housing for everyone looking to buy? In Burnet, the answer is yes, with inventory levels reaching a point where buyers have significant leverage. The market currently holds 9.08 months of supply, calculated by dividing the 168 active listings by the average monthly sales pace. This figure places the area firmly in buyer territory, as anything above six months typically favors purchasers. This assessment relies on ALEX Intelligence analysis of the rolling six-month window ending September 30, 2026. During this period, 110 homes closed at a median price of $332,500. While sales volume increased compared to the same window last year, the supply side has grown faster, creating a distinct imbalance. The median days on market remains steady at 74 days, indicating that properties are taking longer to sell than in previous years, further supporting the buyer's advantage. Buyers should note that negotiation power is evident in the final sale prices. Homes sold for a median of 91.3% of their original list price, down from 92.3% in the prior six-month period. Additionally, 90% of closed sales finished below the original asking price, a trend that has persisted since this time last year. With 168 homes currently active and no immediate sign of inventory tightening, the market conditions remain favorable for those seeking to purchase. 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