House Flipping Report
Neighborhood Data
Falls Church, VA 22042
Print
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 Falls Church, VA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Fairfax County , we've been able to rank it against its peer counties within Virginia. To provide an even fuller picture, we also ranked Virginia against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Virginia
#16th in US
#12th in US
Fairfax County
#1st in VA
#17th in VA
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 Median Sale Price
$ 559,900
0.05% YoY Change
Latest Monthly Sales Count
List Price /sqft
$328
0.07% from last quarter
Reduced Listings /Month
4
-0.5% from last quarter
Average Home Sqft
$1,878
0.09% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Fairfax County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Virginia
8,517,685
0.62%
#12th in US
Fairfax County
1,150,795
0.34%
#1st in VA
22042
33,537
#56th in VA
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.
Array
(
[zip_id] => 39370
[country] => USA
[zip] => 22042
[city] => Falls Church
[state] => Virginia
[state_abbr] => VA
[county] => Fairfax
[dma] => 511
[latitude] => 38.863
[longitude] => -77.1939
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 22042
[zip_name] => falls church, va
[flag] =>
[median_listing_price] => 613050
[median_listing_price_mm] => -0.0223
[median_listing_price_yy] => 0.0851
[active_listing_count] => 24
[active_listing_count_mm] => -0.3143
[active_listing_count_yy] => -0.3684
[median_days_on_market] => 39.5
[median_days_on_market_mm] => -0.0366
[median_days_on_market_yy] => -0.2404
[new_listing_count] => 4
[new_listing_count_mm] => -0.6667
[new_listing_count_yy] => -0.75
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => -0.5
[pending_listing_count] => 10
[pending_listing_count_mm] => -0.375
[pending_listing_count_yy] => -0.1667
[median_listing_price_per_square_feet] => 328
[median_listing_price_per_square_feet_mm] => 0.0659
[median_listing_price_per_square_feet_yy] => 0.1742
[median_square_feet] => 1878
[median_square_feet_mm] => -0.0549
[median_square_feet_yy] => 0.0906
[average_listing_price] => 687777
[average_listing_price_mm] => -0.0403
[average_listing_price_yy] => 0.041
[total_listing_count] => 34
[total_listing_count_mm] => -0.3333
[total_listing_count_yy] => 0.4167
[pending_ratio_mm] => -0.0405
[pending_ratio_yy] => 0.1009
[RegionID] => 67132
[RegionName] => 22042
[State] => VA
[Metro] => Washington-Arlington-Alexandria
[County] => Fairfax County
[City] => Falls Church
[SizeRank] => 310
[Zhvi] => 531300
[MoM] => 0.00491772
[QoQ] => 0.00930851
[YoY] => 0.0473093
[5Year] => 0.0396146
[10Year] => 0.0383135
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 531300
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 6835
[purchase_price] => 167706
[resale_price] => 274176
[gross_margin] => 106470
[flipcount_rank] => 16
[flipmargin_rank] => 12
[counties] => 135
[zip_population] => 33537
[zip_rank] => 56
[state_population] => 8517685
[state_rank] => 12
[state_difference] => 0.619925
[list_prices] => "419950,414450,419450,387000,399000,412900,414900,399900,382000,380000,397000,399900,399000,399900,399950,425000,452700,439900,425000,425000,414950,389450,388250,365000,349900,376944,382444,399450,413900,429483.5,449900,449900,439900,426500,420000,430750,426250,417500,439943,452450,437500,449000,479900,467000,474950,469500,475000,469450,449900,449900,449900,460000,492000,477000,487499.5,497000,499900,482475,495000,489900,479000,469888,459450,479900,482450,460000,449900,477000,504500,499000,484000,468975,469950,475000,477450,510000,520750,515000,529450,525000,529900,525000,519250,529450,519194,519944,532400,565000,559900,545000,540000,544000,550000,535000,548250,547500,519999.5,561000,529900,515000,530150,550000,529900,509000,525000,522450,532500,539900,540000,549900,530000,550000,556999.5,558999.5,573750,587497.5,590000,590000,557000,559900"
[list_prices_exploded] => Array
(
[0] => 419950
[1] => 414450
[2] => 419450
[3] => 387000
[4] => 399000
[5] => 412900
[6] => 414900
[7] => 399900
[8] => 382000
[9] => 380000
[10] => 397000
[11] => 399900
[12] => 399000
[13] => 399900
[14] => 399950
[15] => 425000
[16] => 452700
[17] => 439900
[18] => 425000
[19] => 425000
[20] => 414950
[21] => 389450
[22] => 388250
[23] => 365000
[24] => 349900
[25] => 376944
[26] => 382444
[27] => 399450
[28] => 413900
[29] => 429483.5
[30] => 449900
[31] => 449900
[32] => 439900
[33] => 426500
[34] => 420000
[35] => 430750
[36] => 426250
[37] => 417500
[38] => 439943
[39] => 452450
[40] => 437500
[41] => 449000
[42] => 479900
[43] => 467000
[44] => 474950
[45] => 469500
[46] => 475000
[47] => 469450
[48] => 449900
[49] => 449900
[50] => 449900
[51] => 460000
[52] => 492000
[53] => 477000
[54] => 487499.5
[55] => 497000
[56] => 499900
[57] => 482475
[58] => 495000
[59] => 489900
[60] => 479000
[61] => 469888
[62] => 459450
[63] => 479900
[64] => 482450
[65] => 460000
[66] => 449900
[67] => 477000
[68] => 504500
[69] => 499000
[70] => 484000
[71] => 468975
[72] => 469950
[73] => 475000
[74] => 477450
[75] => 510000
[76] => 520750
[77] => 515000
[78] => 529450
[79] => 525000
[80] => 529900
[81] => 525000
[82] => 519250
[83] => 529450
[84] => 519194
[85] => 519944
[86] => 532400
[87] => 565000
[88] => 559900
[89] => 545000
[90] => 540000
[91] => 544000
[92] => 550000
[93] => 535000
[94] => 548250
[95] => 547500
[96] => 519999.5
[97] => 561000
[98] => 529900
[99] => 515000
[100] => 530150
[101] => 550000
[102] => 529900
[103] => 509000
[104] => 525000
[105] => 522450
[106] => 532500
[107] => 539900
[108] => 540000
[109] => 549900
[110] => 530000
[111] => 550000
[112] => 556999.5
[113] => 558999.5
[114] => 573750
[115] => 587497.5
[116] => 590000
[117] => 590000
[118] => 557000
[119] => 559900
)
)
Array
(
[county_name] => Fairfax
[state] => Virginia
[state_fips] => 51
[county_fips] => 51059
[dma] => 511
[metro_name] => Washington, DC
[cbsa_name] => Washington-Arlington-Alexandria, DC-VA-MD-WV
[county_region_id_zillow] => 1694
[metro_region_id_zillow] => 395209
[fips] => 51059
[cbsa_code] => 47900
[population_prior] => 1146883
[population] => 1150795
[rank] => 1
[difference] => 0.341098438
[region_id] => 1694
[sale_counts] => "1085,1106,1026,1023,1078,1159,1259,1283,1240,1184,1283,1362,1354,1186,1065,1089,1159,1237,1283,1307,1404,1318,1356,1261,1322,1236,1234,1177,1111,1080,1073,1080,1097,1121,1230,1237,1247,1110,1045,993,1020,1060,1086,1040,1037,987,1132,1161,1201,1128,1120,1138,1141,1155,1135,1132,1196,1199,1307,1265,1295,1217,1261,1339,1370,1356,1296,1277,1227,1198,1205,1227,1211,1206,1193,1261,1296,1289,1320,1298,1324,1342,1426,1508,1514,1454,1369,1383,1442,1467,1441,1437,1430,1471,1547,1695,1665,1590,1494,1524,1533,1585,1584,1563,1552,1547,1717,1769,1777,1590,1514,1507,1489,1438,1355,1359,1369,1346,1421,1392,1463,1415,1448,1452,1436,1405,1308,1301,1351,1387,1553,1561,1616,1520,1521,1518,1483,1438,1435,1454,1496,"
[county] => Fairfax
[flips] => 651
[purchase_price] => 382605
[resale_price] => 517609
[gross_margin] => 135004
[flipcount_rank] => 1
[flipmargin_rank] => 17
[sale_counts_exploded] => Array
(
[0] => 1085
[1] => 1106
[2] => 1026
[3] => 1023
[4] => 1078
[5] => 1159
[6] => 1259
[7] => 1283
[8] => 1240
[9] => 1184
[10] => 1283
[11] => 1362
[12] => 1354
[13] => 1186
[14] => 1065
[15] => 1089
[16] => 1159
[17] => 1237
[18] => 1283
[19] => 1307
[20] => 1404
[21] => 1318
[22] => 1356
[23] => 1261
[24] => 1322
[25] => 1236
[26] => 1234
[27] => 1177
[28] => 1111
[29] => 1080
[30] => 1073
[31] => 1080
[32] => 1097
[33] => 1121
[34] => 1230
[35] => 1237
[36] => 1247
[37] => 1110
[38] => 1045
[39] => 993
[40] => 1020
[41] => 1060
[42] => 1086
[43] => 1040
[44] => 1037
[45] => 987
[46] => 1132
[47] => 1161
[48] => 1201
[49] => 1128
[50] => 1120
[51] => 1138
[52] => 1141
[53] => 1155
[54] => 1135
[55] => 1132
[56] => 1196
[57] => 1199
[58] => 1307
[59] => 1265
[60] => 1295
[61] => 1217
[62] => 1261
[63] => 1339
[64] => 1370
[65] => 1356
[66] => 1296
[67] => 1277
[68] => 1227
[69] => 1198
[70] => 1205
[71] => 1227
[72] => 1211
[73] => 1206
[74] => 1193
[75] => 1261
[76] => 1296
[77] => 1289
[78] => 1320
[79] => 1298
[80] => 1324
[81] => 1342
[82] => 1426
[83] => 1508
[84] => 1514
[85] => 1454
[86] => 1369
[87] => 1383
[88] => 1442
[89] => 1467
[90] => 1441
[91] => 1437
[92] => 1430
[93] => 1471
[94] => 1547
[95] => 1695
[96] => 1665
[97] => 1590
[98] => 1494
[99] => 1524
[100] => 1533
[101] => 1585
[102] => 1584
[103] => 1563
[104] => 1552
[105] => 1547
[106] => 1717
[107] => 1769
[108] => 1777
[109] => 1590
[110] => 1514
[111] => 1507
[112] => 1489
[113] => 1438
[114] => 1355
[115] => 1359
[116] => 1369
[117] => 1346
[118] => 1421
[119] => 1392
[120] => 1463
[121] => 1415
[122] => 1448
[123] => 1452
[124] => 1436
[125] => 1405
[126] => 1308
[127] => 1301
[128] => 1351
[129] => 1387
[130] => 1553
[131] => 1561
[132] => 1616
[133] => 1520
[134] => 1521
[135] => 1518
[136] => 1483
[137] => 1438
[138] => 1435
[139] => 1454
[140] => 1496
[141] =>
)
)