out of 51
State Rank in Flip Profit
Array
(
[0] => Array
(
[CountyName] => Sullivan
[dma_name] => Burlington, VT-Plattsburgh, NY
[flips] => 26
[purchase_price] => 147467
[resale_price] => 139500
[gross_margin] => -7967
[gross_margin_perc] => -5.4026
[flipcount_rank] => 8
[flipmargin_rank] => 10
)
[1] => Array
(
[CountyName] => Grafton
[dma_name] => Burlington, VT-Plattsburgh, NY
[flips] => 52
[purchase_price] => 172767
[resale_price] => 194000
[gross_margin] => 21233
[gross_margin_perc] => 12.2900
[flipcount_rank] => 6
[flipmargin_rank] => 9
)
[2] => Array
(
[CountyName] => Belknap
[dma_name] => Boston, MA (Manchester, NH)
[flips] => 74
[purchase_price] => 173680
[resale_price] => 224078
[gross_margin] => 50399
[gross_margin_perc] => 29.0183
[flipcount_rank] => 4
[flipmargin_rank] => 8
)
[3] => Array
(
[CountyName] => Rockingham
[dma_name] => Boston, MA (Manchester, NH)
[flips] => 189
[purchase_price] => 262349
[resale_price] => 352777
[gross_margin] => 90428
[gross_margin_perc] => 34.4686
[flipcount_rank] => 2
[flipmargin_rank] => 7
)
[4] => Array
(
[CountyName] => Merrimack
[dma_name] => Boston, MA (Manchester, NH)
[flips] => 129
[purchase_price] => 177419
[resale_price] => 240279
[gross_margin] => 62860
[gross_margin_perc] => 35.4303
[flipcount_rank] => 3
[flipmargin_rank] => 6
)
[5] => Array
(
[CountyName] => Strafford
[dma_name] => Boston, MA (Manchester, NH)
[flips] => 72
[purchase_price] => 184556
[resale_price] => 253474
[gross_margin] => 68919
[gross_margin_perc] => 37.3431
[flipcount_rank] => 5
[flipmargin_rank] => 5
)
[6] => Array
(
[CountyName] => Hillsborough
[dma_name] => Boston, MA (Manchester, NH)
[flips] => 351
[purchase_price] => 190650
[resale_price] => 284669
[gross_margin] => 94019
[gross_margin_perc] => 49.3150
[flipcount_rank] => 1
[flipmargin_rank] => 4
)
[7] => Array
(
[CountyName] => Cheshire
[dma_name] => Boston, MA (Manchester, NH)
[flips] => 38
[purchase_price] => 141184
[resale_price] => 243947
[gross_margin] => 102763
[gross_margin_perc] => 72.7866
[flipcount_rank] => 7
[flipmargin_rank] => 3
)
[8] => Array
(
[CountyName] => Coos
[dma_name] => Portland-Auburn, ME
[flips] => 21
[purchase_price] => 75095
[resale_price] => 131190
[gross_margin] => 56095
[gross_margin_perc] => 74.6987
[flipcount_rank] => 10
[flipmargin_rank] => 2
)
[9] => Array
(
[CountyName] => Carroll
[dma_name] => Portland-Auburn, ME
[flips] => 23
[purchase_price] => 177435
[resale_price] => 322675
[gross_margin] => 145241
[gross_margin_perc] => 81.8559
[flipcount_rank] => 9
[flipmargin_rank] => 1
)
)
Top 5 Counties in NH
County | Market Area | Profit Margin |
Carroll | Portland-Auburn, ME | 82% |
---|
Coos | Portland-Auburn, ME | 75% |
---|
Cheshire | Boston, MA (Manchester, NH) | 73% |
---|
Hillsborough | Boston, MA (Manchester, NH) | 49% |
---|
Strafford | Boston, MA (Manchester, NH) | 37% |
---|
Merrimack | Boston, MA (Manchester, NH) | 35% |
Bottom 5 Counties in NH
County | Market Area | Profit Margin |
Sullivan | Burlington, VT-Plattsburgh, NY | -5% |
---|
Grafton | Burlington, VT-Plattsburgh, NY | 12% |
---|
Belknap | Boston, MA (Manchester, NH) | 29% |
---|
Rockingham | Boston, MA (Manchester, NH) | 34% |
---|
Merrimack | Boston, MA (Manchester, NH) | 35% |
---|
Strafford | Boston, MA (Manchester, NH) | 37% |
We calculate the profit margin by subtracting the original purchase price of the home from the new resale price across the average flipped house in that particular region (zip, county, or state).