If you own a home in Daybreak then 2013 was a pretty good
year for you. The median sales price for Daybreak Homes rose over 20% to
$269,500. This was on the back of strong home sales which increased from 296
sales in 2012 to 356 in 2013. Homes were also selling faster, dropping from a
median of 63 days to 37 days to go under contract.
Home Sales Data
for 2013
Homes Sold 356 (296)
Median Price $269,500 ($252,250)
Median Days on Market 37 days (63)
Figures in brackets
are for 2012.
While these are great sales figures and the best we have
seen for several years the market did show signs of slowing towards the backend
of the year. This slowdown seemed to co-inside with the jump in interest rates,
and to this point it has not recovered to the same level seen at the start of
the year.
Trela is a Salt Lake Realtor who lives in the Daybreak
community.
