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Boise real estate sales surged in March by 43% compared to February with 311 single family homes sold.  This is a 36% increase over last year an 11% increase two years ago.

The median home price in Boise has continued a downward trend (only a reflection of pressure on prices) and in March was $155,000.  The graph below shows the median sale price for the Boise real estate market over the last year.

Boise real estate foreclosures remain the largest negative factor for values. Last month 43% of the property sales were distressed sales.  Here's the foreclosure market share over the last 4 months.

The deadline for the home-buyer tax credit is scheduled to expire April 30, 2010 (unless you have valid contract closing by June 30, 2010).

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