House Flipping Report
Neighborhood Data
Melbourne Beach, FL 32951
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 Melbourne Beach, FL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Brevard County , we've been able to rank it against its peer counties within Florida. To provide an even fuller picture, we also ranked Florida against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Florida
#1st in US
#27th in US
Brevard County
#12th in FL
#23rd in FL
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
$ 504,950
0.07% YoY Change
Latest Monthly Sales Count
1,172
List Price /sqft
$265
-0.01% from last quarter
Reduced Listings /Month
32
even from last quarter
Average Home Sqft
$2,091
-0.06% 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 Brevard County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Florida
21,299,325
1.54%
#3rd in US
Brevard County
596,849
1.46%
#10th in FL
32951
10,673
#63rd in FL
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] => 6871
[country] => USA
[zip] => 32951
[city] => Melbourne Beach
[state] => Florida
[state_abbr] => FL
[county] => Brevard
[dma] => 534
[latitude] => 27.9673
[longitude] => -80.5104
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 32951
[zip_name] => melbourne beach, fl
[flag] =>
[median_listing_price] => 559050
[median_listing_price_mm] => -0.0444
[median_listing_price_yy] => -0.0362
[active_listing_count] => 160
[active_listing_count_mm] => -0.0123
[active_listing_count_yy] => -0.1919
[median_days_on_market] => 93
[median_days_on_market_mm] => 0.0109
[median_days_on_market_yy] => -0.0971
[new_listing_count] => 20
[new_listing_count_mm] => -0.4444
[new_listing_count_yy] => -0.375
[price_increased_count] => 4
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 32
[price_reduced_count_mm] => 0
[price_reduced_count_yy] => -0.1111
[pending_listing_count] => 32
[pending_listing_count_mm] => -0.2195
[pending_listing_count_yy] => 0.1852
[median_listing_price_per_square_feet] => 265
[median_listing_price_per_square_feet_mm] => -0.0119
[median_listing_price_per_square_feet_yy] => 0.0755
[median_square_feet] => 2091
[median_square_feet_mm] => -0.0055
[median_square_feet_yy] => -0.0647
[average_listing_price] => 748294
[average_listing_price_mm] => -0.048
[average_listing_price_yy] => -0.1183
[total_listing_count] => 192
[total_listing_count_mm] => -0.0542
[total_listing_count_yy] => 0.2
[pending_ratio_mm] => -0.0531
[pending_ratio_yy] => 0.0636
[RegionID] => 72320
[RegionName] => 32951
[State] => FL
[Metro] => Palm Bay-Melbourne-Titusville
[County] => Brevard County
[City] => Melbourne Beach
[SizeRank] => 707
[Zhvi] => 410700
[MoM] => 0.0019517
[QoQ] => 0.0110783
[YoY] => 0.0731644
[5Year] => 0.0807865
[10Year] => 0.049931
[PeakMonth] => 2006-04
[PeakQuarter] => 2006-Q2
[PeakZHVI] => 432400
[PctFallFromPeak] => -0.050185
[LastTimeAtCurrZHVI] => 2005-06
[flips] => 31570
[purchase_price] => 148147
[resale_price] => 213488
[gross_margin] => 65341
[flipcount_rank] => 1
[flipmargin_rank] => 27
[counties] => 67
[zip_population] => 10673
[zip_rank] => 663
[state_population] => 21299325
[state_rank] => 3
[state_difference] => 1.537473
[list_prices] => "339000,339900,339000,330000,335000,339000,329000,339000,324000,339000,320000,325000,319000,299900,3.00E+05,299000,299900,299450,299000,299000,299900,322000,309900,324750,324750,317000,324900,319900,317500,326250,329000,339000,335000,335000,329900,325000,325000,339000,339450,346000,375000,375000,359900,364450,385000,390000,370500,375000,372450,378000,369000,371750,372400,369000,375900,387450,379000,385000,411750,417000,399000,399700,395000,379000,387000,389000,399900,422400,417450,415000,419950,438900,469450,469450,449999,449000,459000,452499.5,449499.5,449000,472000,475000,495000,495000,495000,479000,495000,459950,449949.5,472499.5,499000,499900,489450,461950,469900,485000,485000,477000,465000,479900,497000,524950,549000,524900,5.00E+05,515000,499000,518000,519500,509000,499250,489000,499900,497000,502450,524500,516900,524950,529850,504950"
[list_prices_exploded] => Array
(
[0] => 339000
[1] => 339900
[2] => 339000
[3] => 330000
[4] => 335000
[5] => 339000
[6] => 329000
[7] => 339000
[8] => 324000
[9] => 339000
[10] => 320000
[11] => 325000
[12] => 319000
[13] => 299900
[14] => 3.00E+05
[15] => 299000
[16] => 299900
[17] => 299450
[18] => 299000
[19] => 299000
[20] => 299900
[21] => 322000
[22] => 309900
[23] => 324750
[24] => 324750
[25] => 317000
[26] => 324900
[27] => 319900
[28] => 317500
[29] => 326250
[30] => 329000
[31] => 339000
[32] => 335000
[33] => 335000
[34] => 329900
[35] => 325000
[36] => 325000
[37] => 339000
[38] => 339450
[39] => 346000
[40] => 375000
[41] => 375000
[42] => 359900
[43] => 364450
[44] => 385000
[45] => 390000
[46] => 370500
[47] => 375000
[48] => 372450
[49] => 378000
[50] => 369000
[51] => 371750
[52] => 372400
[53] => 369000
[54] => 375900
[55] => 387450
[56] => 379000
[57] => 385000
[58] => 411750
[59] => 417000
[60] => 399000
[61] => 399700
[62] => 395000
[63] => 379000
[64] => 387000
[65] => 389000
[66] => 399900
[67] => 422400
[68] => 417450
[69] => 415000
[70] => 419950
[71] => 438900
[72] => 469450
[73] => 469450
[74] => 449999
[75] => 449000
[76] => 459000
[77] => 452499.5
[78] => 449499.5
[79] => 449000
[80] => 472000
[81] => 475000
[82] => 495000
[83] => 495000
[84] => 495000
[85] => 479000
[86] => 495000
[87] => 459950
[88] => 449949.5
[89] => 472499.5
[90] => 499000
[91] => 499900
[92] => 489450
[93] => 461950
[94] => 469900
[95] => 485000
[96] => 485000
[97] => 477000
[98] => 465000
[99] => 479900
[100] => 497000
[101] => 524950
[102] => 549000
[103] => 524900
[104] => 5.00E+05
[105] => 515000
[106] => 499000
[107] => 518000
[108] => 519500
[109] => 509000
[110] => 499250
[111] => 489000
[112] => 499900
[113] => 497000
[114] => 502450
[115] => 524500
[116] => 516900
[117] => 524950
[118] => 529850
[119] => 504950
)
)
Array
(
[county_name] => Brevard
[state] => Florida
[state_fips] => 12
[county_fips] => 12009
[dma] => 534
[metro_name] => Palm Bay, FL
[cbsa_name] => Palm Bay-Melbourne-Titusville, FL
[county_region_id_zillow] => 1556
[metro_region_id_zillow] => 394957
[fips] => 12009
[cbsa_code] => 37340
[population_prior] => 588265
[population] => 596849
[rank] => 10
[difference] => 1.45920631
[region_id] => 1556
[sale_counts] => "578,606,624,633,621,591,642,648,665,615,645,686,703,690,672,714,755,775,784,807,840,842,804,770,741,730,748,775,743,681,677,703,786,795,880,876,897,834,826,796,782,790,777,770,754,780,845,880,878,866,861,880,853,859,858,968,1037,1050,1035,998,1015,1021,1059,1084,1111,1159,1164,1190,1171,1188,1192,1186,1172,1133,1124,1153,1185,1176,1217,1237,1269,1272,1274,1309,1365,1382,1333,1295,1274,1280,1297,1288,1274,1264,1259,1300,1280,1281,1272,1309,1260,1262,1243,1245,1278,1272,1344,1316,1315,1264,1282,1290,1278,1260,1124,1121,1137,1215,1238,1237,1275,1272,1280,1255,1291,1288,1260,1249,1248,1227,1173,1109,1126,1190,1278,1255,1199,1110,1109,1066,1133,1172"
[county] => Brevard
[flips] => 1022
[purchase_price] => 126025
[resale_price] => 189204
[gross_margin] => 63178
[flipcount_rank] => 12
[flipmargin_rank] => 23
[sale_counts_exploded] => Array
(
[0] => 578
[1] => 606
[2] => 624
[3] => 633
[4] => 621
[5] => 591
[6] => 642
[7] => 648
[8] => 665
[9] => 615
[10] => 645
[11] => 686
[12] => 703
[13] => 690
[14] => 672
[15] => 714
[16] => 755
[17] => 775
[18] => 784
[19] => 807
[20] => 840
[21] => 842
[22] => 804
[23] => 770
[24] => 741
[25] => 730
[26] => 748
[27] => 775
[28] => 743
[29] => 681
[30] => 677
[31] => 703
[32] => 786
[33] => 795
[34] => 880
[35] => 876
[36] => 897
[37] => 834
[38] => 826
[39] => 796
[40] => 782
[41] => 790
[42] => 777
[43] => 770
[44] => 754
[45] => 780
[46] => 845
[47] => 880
[48] => 878
[49] => 866
[50] => 861
[51] => 880
[52] => 853
[53] => 859
[54] => 858
[55] => 968
[56] => 1037
[57] => 1050
[58] => 1035
[59] => 998
[60] => 1015
[61] => 1021
[62] => 1059
[63] => 1084
[64] => 1111
[65] => 1159
[66] => 1164
[67] => 1190
[68] => 1171
[69] => 1188
[70] => 1192
[71] => 1186
[72] => 1172
[73] => 1133
[74] => 1124
[75] => 1153
[76] => 1185
[77] => 1176
[78] => 1217
[79] => 1237
[80] => 1269
[81] => 1272
[82] => 1274
[83] => 1309
[84] => 1365
[85] => 1382
[86] => 1333
[87] => 1295
[88] => 1274
[89] => 1280
[90] => 1297
[91] => 1288
[92] => 1274
[93] => 1264
[94] => 1259
[95] => 1300
[96] => 1280
[97] => 1281
[98] => 1272
[99] => 1309
[100] => 1260
[101] => 1262
[102] => 1243
[103] => 1245
[104] => 1278
[105] => 1272
[106] => 1344
[107] => 1316
[108] => 1315
[109] => 1264
[110] => 1282
[111] => 1290
[112] => 1278
[113] => 1260
[114] => 1124
[115] => 1121
[116] => 1137
[117] => 1215
[118] => 1238
[119] => 1237
[120] => 1275
[121] => 1272
[122] => 1280
[123] => 1255
[124] => 1291
[125] => 1288
[126] => 1260
[127] => 1249
[128] => 1248
[129] => 1227
[130] => 1173
[131] => 1109
[132] => 1126
[133] => 1190
[134] => 1278
[135] => 1255
[136] => 1199
[137] => 1110
[138] => 1109
[139] => 1066
[140] => 1133
[141] => 1172
)
)