Burnet Market Heat Score: A Cooling Trend in October

How does a market with 103 closed sales and a median price of $339,805 feel to buyers and sellers right now? The answer lies in the Burnet Market Heat Score, an ALEX Intelligence composite index that blends days on market, sale-to-list ratios, inventory levels, and price cuts into a single gauge from 0 to 100. Over the rolling six months ending October 31, 2026, homes took a median of 79 days to sell, up 6.8% from the prior period and 3.9% higher than the same window last year. The share of homes selling below original list price rose to 86.4%, while the median close-to-original list ratio slipped to 91.1%. With 157 active listings and only 103 closings, months of inventory sits at 9.15, indicating a distinct shift toward buyer leverage. ALEX Intelligence calculated this heat score by weighting these four factors: days on market (25%), sale-to-list ratio (25%), inventory levels (30%), and price reduction frequency (20%). The resulting score for Burnet reflects the current conditions where slower sales velocity and higher inventory have dampened overall market momentum. This trend aligns with the broader regional context, though local conditions remain distinct. While mortgage rates held at 7.18% during this period, the combination of longer listing periods and increased price competition has shifted leverage to buyers. Sellers should expect more time on market and greater negotiation room in a market that is no longer favoring sellers. 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