| George Arnold Alexander III, MPA |
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Burnet New Listings vs. Closings: The Supply Gap
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-29
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 $290,000
108 County Road 139C, Burnet TX 78611 · MLS #3099544
Listed at $279,000, 2 bed, 2 bath, 2,202 sq ft. Listed 10% below the ALEX valuation; 37% under the local price per sq ft; price reduced 14% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1184956509/108-County-Road-139C-Burnet-TX
Lower-middle quartile: $290,000 to $340,000
308 Gristmill RD, Burnet TX 78611 · MLS #8409615
Listed at $299,490, 3 bed, 2 bath, 1,792 sq ft. Listed 3% below the ALEX valuation; 6% under the local price per sq ft; price reduced 6% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1177668283/308-Gristmill-RD-Burnet-TX
Upper-middle quartile: $340,000 to $555,000
1703 Wofford DR, Burnet TX 78611 · MLS #5164910
Listed at $449,000, 3 bed, 3 bath, 1,862 sq ft. Listed 3% below the ALEX valuation; price reduced 10% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182517712/1703-Wofford-DR-Burnet-TX
Upper quartile: $555,000 and up
1602 County Road 250, Burnet TX 78611 · MLS #3209012
Listed at $799,000, 4 bed, 3.5 bath, 2,930 sq ft. Listed 9% below the ALEX valuation; price reduced 11% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1179091406/1602-County-Road-250-Burnet-TX
Key figures · Burnet · rolling 6 months ending Sep 30, 2026
- 112 homes sold in Burnet in the 6 months ending Sep 30, 2026 (up 53.4% on a year earlier).
- Median sale price: $330,000 (down 2.1% on a year earlier).
- Median price per square foot: $206.
- Median days on market: 72.
- Median sale price as a share of the original list price: 91.3%.
- 168 homes for sale now, about 8.9 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's housing market is defined by a widening gap between new supply and completed sales. Over the rolling six months ending September 30, 2026, 172 new listings entered the market while only 112 homes closed. This dual-axis trend shows that new inventory is arriving faster than transactions are finalizing.
ALEX Intelligence analyzed the volume of events to quantify this supply gap. The 172 new listings represent fresh supply entering the pool, whereas the 112 closed sales reflect demand being met. With 168 active homes currently on the market, the ratio of inventory to monthly closings suggests a buyer-friendly environment where choice is increasing relative to the pace of sales.
The data reveals a shift in volume compared to the prior six-month period. New listings rose from 123 to 172, an increase of 49 events, while closed sales grew from 93 to 112. This divergence indicates that sellers are listing at a higher rate than buyers are closing deals, contributing to the current inventory levels.
The median home size in these transactions was 1,769 square feet, slightly smaller than the 1,821 square feet seen in the prior period. As new listings outpace closings, the market continues to accumulate stock, offering more options for prospective buyers without immediate pressure from scarcity.
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
Source data: Unlock MLS, rolling 6 months ending Sep 30, 2026, n=112 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, Partner, 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, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










