2020 saw Daybreak Communities sell more than 1000 homes at its flagship 4,100-acre master-planned community Daybreak, which is located outside of Salt Lake City, Utah. This milestone earns the new home community a top ranking for sales by volume in the US and marking a 40 per cent increase over last year. Compared to larger markets in Florida and Texas, where many best-selling master-planned communities are located, this milestone is of particular significance.
Daybreak, the state’s largest community, is designed to include approximately 20,000 energy-efficient homes set throughout a mix of neighborhoods, known as ‘villages.’ In 2021, roughly 1,200 new units are expected to come online.
Each village is comprised of 600-800 homes, which are built by several home builders and offer a range of up to ten different housing types. The diverse mix of housing products, which range from more attainable options to luxury and active adult (55+), feature a variety of architectural styles and include apartments, townhomes, condominiums, single-family and custom homes ranging in size from 700 square-feet to 7,000 square-feet, with 2,000 square-feet being the average home size.
“During what has been a highly tumultuous year for everyone, the housing market nationally, and particularly in Utah, has been an unexpected bright spot,” said Ty McCutcheon President and CEO of Daybreak Communities. “Many of the same things that help Utah retain locals have helped attract transplants. In particular, Utah holds the second lowest unemployment rate in the U.S. and job growth is continuing in our tech and financial sectors. This, combined with the recent $4.1B completion of a new conveniently located state-of-the-art airport and Utah’s outdoor lifestyle positions our community well to continue to take advantage of the upward trend in corporate relocations from more expensive coastal housing markets and the Midwest.”