MARBLE FALLS — August median home prices rose significantly for closed sales in the Highland Lakes, according to the Highland Lakes Association of REALTORS.
The median price in Burnet County rose 33.8 percent to $339,500 from August 2017 and 30.5 percent in Llano County to $349,000 for the same period.
Full August reports for the two counties and individual cities are available online.
To Ron Petrick, president of the local Realtors association, another number stood out in the August report.
“What is interesting to me is the days on the market and how quickly things are going,” Petrick said.
In Burnet County, the average number of days on the market for August was 92, which was seven less than last year’s period. In Llano County, the average was 84, four days longer than August 2017.
The days on market include the number of days to closing, which was 32 in Burnet County and 34 in Llano County.
At a city level, Horseshoe Bay continues to lead the Highland Lakes in closed sales at 47. The August median price rose 27 percent from August 2017 to $396,750. Marble Falls had 11 closed sales with a median price of $380,000. Kingsland is the only other community with double-digit closed sales at 12 and a median price of $244,000.
In August, Burnet County closed 93 home sales, while Llano County closed 92.
Petrick said the Highland Lakes MLS currently has 719 site-built homes and 836 single-family homes active on the market. Year-to-date, 876 single-family homes and 736 site-built homes have closed.
News stories, staff photos, and other online content are copyrighted property of Victory Media. Reproduction in part or in whole is prohibited without the express written consent of the publisher.
This Content Submission and License Agreement (“Agreement”) is entered into by and between Victory Media Marketing LLC (“Company,” “we,” or “us”) and you (“User,” “you,” or “Submitter”) upon your submission of content through our websites’ See it, Share It form.
Submitted Content “Submitted Content” means any news tips, text, descriptions, images, photographs, videos, audio files, recordings, or other materials you upload, submit, or provide to us via the news tips forms on DailyTrib.com, KBEYfm.com, 101highlandlakes.com, or any other websites owned or operated by Victory Media Marketing LLC.
License Grant By submitting any Submitted Content, you hereby grant to Company a worldwide, non- exclusive, perpetual, irrevocable, royalty-free, fully sublicensable, and transferable license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform, display, and otherwise exploit the Submitted Content in any form or medium (now known or hereafter developed), including but not limited to:
Publishing on DailyTrib.com, KBEYfm.com, 101highlandlakes.com, other Company websites, apps, newsletters, and social media platforms (such as Facebook, Instagram, X, YouTube, etc.).
Editing, formatting, or combining with other content for news, promotional, archival, or commercial purposes.
Allowing third parties (e.g., affiliates, syndication partners) to use it under the same terms. You retain ownership of the copyright in your Submitted Content, subject to the license granted above.
User Representations and Warranties You represent and warrant that:
You are at least 18 years old and have the full right and authority to grant the rights in this Agreement.
The Submitted Content is your original work or you have obtained all necessary permissions, consents, and releases (including from any individuals appearing in photos/videos or owners of any third-party materials).
The Submitted Content does not infringe any third-party intellectual property rights, privacy rights, publicity rights, or defame any person.
It complies with all applicable laws and does not contain viruses, malware, or prohibited content.
You will not submit false, misleading, or confidential information.
No Compensation You understand and agree that you will receive no compensation for the submission or use of your Submitted Content.
Indemnification You agree to indemnify, defend, and hold harmless Company, its affiliates, officers, directors, employees, and agents from any claims, damages, liabilities, losses, and expenses (including reasonable attorneys’ fees) arising from your breach of this Agreement or any third-party claims related to your Submitted Content.
Moral Rights and Publicity You waive any moral rights or rights of attribution in the Submitted Content to the extent permitted by law. Company may use your name, username, or likeness in connection with the Submitted Content if applicable.
Termination and Removal Company may, in its sole discretion, edit, refuse to post, or remove any Submitted Content at any time without notice. This Agreement survives any termination.
Governing Law This Agreement is governed by the laws of the State of Texas, without regard to conflict of laws principles. Any disputes shall be resolved exclusively in the courts located in Burnet County, Texas.
Entire Agreement This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements. Modifications must be in writing. By submitting content, you acknowledge that you have read, understood, and agree to be bound by this Agreement.
MARBLE FALLS — August median home prices rose significantly for closed sales in the Highland Lakes, according to the Highland Lakes Association of REALTORS.