out of 51
State Rank in Flip Profit
Array
(
[0] => Array
(
[CountyName] => Curry
[dma_name] => Medford-Klamath Falls, OR
[flips] => 8
[purchase_price] => 317500
[resale_price] => 317500
[gross_margin] => 0
[gross_margin_perc] => 0.0000
[flipcount_rank] => 22
[flipmargin_rank] => 23
)
[1] => Array
(
[CountyName] => Josephine
[dma_name] => Medford-Klamath Falls, OR
[flips] => 47
[purchase_price] => 225000
[resale_price] => 250000
[gross_margin] => 25000
[gross_margin_perc] => 11.1111
[flipcount_rank] => 13
[flipmargin_rank] => 22
)
[2] => Array
(
[CountyName] => Union
[dma_name] => Portland, OR
[flips] => 11
[purchase_price] => 111800
[resale_price] => 127500
[gross_margin] => 15700
[gross_margin_perc] => 14.0429
[flipcount_rank] => 20
[flipmargin_rank] => 21
)
[3] => Array
(
[CountyName] => Washington
[dma_name] => Portland, OR
[flips] => 404
[purchase_price] => 324563
[resale_price] => 379990
[gross_margin] => 55427
[gross_margin_perc] => 17.0774
[flipcount_rank] => 2
[flipmargin_rank] => 20
)
[4] => Array
(
[CountyName] => Yamhill
[dma_name] => Portland, OR
[flips] => 59
[purchase_price] => 249519
[resale_price] => 296834
[gross_margin] => 47315
[gross_margin_perc] => 18.9625
[flipcount_rank] => 12
[flipmargin_rank] => 19
)
[5] => Array
(
[CountyName] => Benton
[dma_name] => Eugene, OR
[flips] => 27
[purchase_price] => 259630
[resale_price] => 319674
[gross_margin] => 60044
[gross_margin_perc] => 23.1268
[flipcount_rank] => 17
[flipmargin_rank] => 18
)
[6] => Array
(
[CountyName] => Clackamas
[dma_name] => Portland, OR
[flips] => 347
[purchase_price] => 311557
[resale_price] => 398790
[gross_margin] => 87233
[gross_margin_perc] => 27.9990
[flipcount_rank] => 3
[flipmargin_rank] => 17
)
[7] => Array
(
[CountyName] => Tillamook
[dma_name] => Portland, OR
[flips] => 15
[purchase_price] => 190000
[resale_price] => 245000
[gross_margin] => 55000
[gross_margin_perc] => 28.9474
[flipcount_rank] => 19
[flipmargin_rank] => 16
)
[8] => Array
(
[CountyName] => Jackson
[dma_name] => Medford-Klamath Falls, OR
[flips] => 192
[purchase_price] => 205822
[resale_price] => 266729
[gross_margin] => 60907
[gross_margin_perc] => 29.5921
[flipcount_rank] => 6
[flipmargin_rank] => 15
)
[9] => Array
(
[CountyName] => Multnomah
[dma_name] => Portland, OR
[flips] => 670
[purchase_price] => 288855
[resale_price] => 383695
[gross_margin] => 94840
[gross_margin_perc] => 32.8331
[flipcount_rank] => 1
[flipmargin_rank] => 14
)
[10] => Array
(
[CountyName] => Deschutes
[dma_name] => Bend, OR
[flips] => 170
[purchase_price] => 254818
[resale_price] => 346476
[gross_margin] => 91658
[gross_margin_perc] => 35.9700
[flipcount_rank] => 7
[flipmargin_rank] => 13
)
[11] => Array
(
[CountyName] => Polk
[dma_name] => Portland, OR
[flips] => 72
[purchase_price] => 201542
[resale_price] => 274038
[gross_margin] => 72496
[gross_margin_perc] => 35.9707
[flipcount_rank] => 10
[flipmargin_rank] => 12
)
[12] => Array
(
[CountyName] => Wasco
[dma_name] => Portland, OR
[flips] => 8
[purchase_price] => 195000
[resale_price] => 275000
[gross_margin] => 80000
[gross_margin_perc] => 41.0256
[flipcount_rank] => 22
[flipmargin_rank] => 11
)
[13] => Array
(
[CountyName] => Clatsop
[dma_name] => Portland, OR
[flips] => 32
[purchase_price] => 173355
[resale_price] => 252125
[gross_margin] => 78770
[gross_margin_perc] => 45.4386
[flipcount_rank] => 16
[flipmargin_rank] => 10
)
[14] => Array
(
[CountyName] => Marion
[dma_name] => Portland, OR
[flips] => 279
[purchase_price] => 189591
[resale_price] => 279916
[gross_margin] => 90324
[gross_margin_perc] => 47.6415
[flipcount_rank] => 5
[flipmargin_rank] => 9
)
[15] => Array
(
[CountyName] => Columbia
[dma_name] => Portland, OR
[flips] => 35
[purchase_price] => 194024
[resale_price] => 286500
[gross_margin] => 92476
[gross_margin_perc] => 47.6621
[flipcount_rank] => 14
[flipmargin_rank] => 8
)
[16] => Array
(
[CountyName] => Lane
[dma_name] => Eugene, OR
[flips] => 306
[purchase_price] => 189752
[resale_price] => 281906
[gross_margin] => 92154
[gross_margin_perc] => 48.5655
[flipcount_rank] => 4
[flipmargin_rank] => 7
)
[17] => Array
(
[CountyName] => Klamath
[dma_name] => Medford-Klamath Falls, OR
[flips] => 70
[purchase_price] => 104950
[resale_price] => 157600
[gross_margin] => 52650
[gross_margin_perc] => 50.1667
[flipcount_rank] => 11
[flipmargin_rank] => 6
)
[18] => Array
(
[CountyName] => Linn
[dma_name] => Portland, OR
[flips] => 150
[purchase_price] => 164607
[resale_price] => 249007
[gross_margin] => 84400
[gross_margin_perc] => 51.2736
[flipcount_rank] => 8
[flipmargin_rank] => 5
)
[19] => Array
(
[CountyName] => Hood River
[dma_name] => Portland, OR
[flips] => 11
[purchase_price] => 326409
[resale_price] => 498318
[gross_margin] => 171909
[gross_margin_perc] => 52.6667
[flipcount_rank] => 20
[flipmargin_rank] => 4
)
[20] => Array
(
[CountyName] => Lincoln
[dma_name] => Portland, OR
[flips] => 35
[purchase_price] => 156573
[resale_price] => 265670
[gross_margin] => 109097
[gross_margin_perc] => 69.6780
[flipcount_rank] => 14
[flipmargin_rank] => 3
)
[21] => Array
(
[CountyName] => Douglas
[dma_name] => Eugene, OR
[flips] => 105
[purchase_price] => 106906
[resale_price] => 206484
[gross_margin] => 99578
[gross_margin_perc] => 93.1454
[flipcount_rank] => 9
[flipmargin_rank] => 2
)
[22] => Array
(
[CountyName] => Jefferson
[dma_name] => Portland, OR
[flips] => 22
[purchase_price] => 77267
[resale_price] => 221375
[gross_margin] => 144108
[gross_margin_perc] => 186.5065
[flipcount_rank] => 18
[flipmargin_rank] => 1
)
)
Top 5 Counties in OR
County | Market Area | Profit Margin |
Jefferson | Portland, OR | 187% |
---|
Douglas | Eugene, OR | 93% |
---|
Lincoln | Portland, OR | 70% |
---|
Hood River | Portland, OR | 53% |
---|
Linn | Portland, OR | 51% |
---|
Klamath | Medford-Klamath Falls, OR | 50% |
Bottom 5 Counties in OR
County | Market Area | Profit Margin |
Curry | Medford-Klamath Falls, OR | 0% |
---|
Josephine | Medford-Klamath Falls, OR | 11% |
---|
Union | Portland, OR | 14% |
---|
Washington | Portland, OR | 17% |
---|
Yamhill | Portland, OR | 19% |
---|
Benton | Eugene, OR | 23% |
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).