DAYBREAK

Daybreak was originally the site of the Bingham Canyon Mine, where copper, gold, silver, and other minerals were extracted. 
Kennecott Land carried out an accelerated clean-up of the former mine and its surroundings. The Environmental Protection Agency
praised the project and has since given the land a clean bill of health.

Weekly Market Snapshot

Salt Lake City, UT 84105            July 7 – July 13, 2025

Market Overview

Current summary and activity.

Total Active Listings
0
New This Week
0
Property Sold
0
Median DOM
0
Avg $/SqFt
0
Avg List Price
0
Median Price
0
List→Sale Ratio
0
Price Δ (WoW)
0

Daybreak was originally the site of the Bingham Canyon Mine, where copper, gold, silver, and other minerals were extracted. Kennecott Land carried out an accelerated clean-up of the former mine and its surroundings. The Environmental Protection Agency praised the project and has since given the land a clean bill of health.

Price Distribution

Current summary and activity.

Top Properties For sale

By Price
By Bedrooms
By Square Feet
-

Community Highlights

Sugar House

40% of this week’s sales – Avg price $500 k – Median DOM 12 days

East Central

Fastest turnovers – Median DOM 10 days– Avg $/sqft $255

University District

High investor demand – Rental yields ~7% 

Action Items

Buyers

Get pre-approved & move quickly on new listings

sellers

Stage strategically & price within 2% of comp sales

agents

highlight proximity to 
transit, parks & restaurants

Key Insights

Seller’s market

DOM down 15% WoW, bidding wars common

Buyers

Chasing turnkey homes w/ modern finishes

inventory

$/sqft at 5-year highs—inventory tight near canyon & downtown

 Millennial professionals

Families driving demand for walkable areas