Burnet: Top New Neighborhoods by Sales Volume

Burnet saw a surge in new construction activity over the past six months, with 35 newly built homes closing compared to just 19 in the prior six-month window. This represents a significant increase in volume for properties less than two years old, signaling strong builder presence in the area. ALEX Intelligence analyzed the sales data to identify which neighborhoods are leading this new-construction trend. The analysis ranks subdivisions by the number of closed sales on homes built within the last 24 months. While specific subdivision names for new construction were not individually listed in the summary data, the overall market shows a clear shift toward newer inventory. The median closing price for these new homes sits at $330,000, with a median price per square foot of $206. This is slightly higher than the prior period's $199 per square foot, reflecting current market conditions. The average days on market for these properties was 72 days, down from 74 days previously, indicating that new listings are moving efficiently. With 35 closed sales in this category, Burnet is demonstrating robust demand for modern housing. This volume outpaces the same period last year, which saw only 5 new construction closings, highlighting a growing preference for newer builds among local buyers. The data confirms that while the overall market median price dipped slightly to $330,000 from $350,000 in the prior period, the activity in new neighborhoods remains a key driver of the current market dynamics. 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