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There were 65 closed MLS sales of non-watefront homes in Burnett County in the past six months.  The average sales price was about 114,000, and the median sale price was 94,500.  That is an aborption rate of about 10 homes per month.  There are 170 MLS listings on the market at this point.  This means that we have about a 17 month supply on the market. 

There were 60 closed MLS sales of non-waterfront homes in Washburn County in the past six months.  The average sale price was about 106,000 and the median price was 95,500.  This is an absorption rate of about 10 homes per month.  At present there are 175 MLS listings on the market.  This means that there is about a 17 month supply on the market.

These are stunning statistics and demonstrate just how slow the market is.  A healthy market would only have about a six month supply on the market.