House Flipping Report
Neighborhood Data
Washington, DC 20060
Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Washington, DC . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in District of Columbia County , we've been able to rank it against its peer counties within District of Columbia. To provide an even fuller picture, we also ranked District of Columbia against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
District of Columbia
#40th in US
#2nd in US
District of Columbia County
#1st in DC
#1st in DC
Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.
Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.
Latest Monthly Sales Count
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with District of Columbia County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
District of Columbia 702,455
0.97% #49th in US
District of Columbia County
702,455
0.97% #1st in DC
FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.
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