Daybreak 1st Quarter Homes Sales Come in Strong

Home with piles of coins and text Daybreak Home Prices 1st Quarter 2020

The 1st quarter of 2020 continued to see the Daybreak Housing Market perform well. The median sales price in Daybreak was $373,300, an increase of 5.15%, but probably more important was that total sales increased by 18.18%.

Daybreak Combined Home Sales
Median Sales Price: $373,300 up 5.15%
Total Sales: 169 up 18.18%
Days on Market: 42 down 8.70%

Single-Family Homes

The single-family home market jumped ahead in the quarter with a 10.05% increase in the median sales price which stood at $461,833. Total sales went up slightly with a 2.27% gain and homes sold faster with a 16.33% drop to 41 days.

Single Family Home Sales
Median Sales Price: $461,833 up 10.05%
Total Sales: 90 up 2.27%
Days on Market: 41 down 16.33%

Townhomes / Twin Homes

Townhome sales surged in the quarter, increasing 50% with 72 townhomes sold. Sales prices climbed slightly increasing by 5.51% to $297,445. The Twin Home market is pretty small in Daybreak, and there were just 5 sales in the quarter and sales prices were slightly down dropping 2.85%.

Townhouse / Twin Home Sales
Townhome Median Sales Price: $297,445 up 5.51%
Townhome Total Sales: 72 up 50%
Twin Home Median Sales Price: $385,602 down 2.85%
Twin Home Total Sales: 5 up 150%
Days on Market: 44 up 15.79%


The Daybreak Condo Market is also pretty small and there were just 2 sales in the quarter. This makes it very difficult to see trends. Sales prices were down slightly, but on the bright side, the time taken to sell a condo improved considerably dropped 48.19% to stand at 43 days.

Condo Home Sales
Median Sales Price: $191,250 down 3.16%
Total Sales: 2 down 60%
Days on Market: 43 down 48.19%


Overall the Daybreak Homes Market performed very well in the 1st quarter. Now obviously we had the COVID-19 outbreak which did not impact the market until March and because of this any impact on the housing market will not be seen until the 2nd quarter data is out.

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Posted in: Home Sales

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