House Flipping Report
Neighborhood Data
Miami, FL 33184
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 Miami, FL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Miami-Dade 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
Miami-Dade County
#3rd in FL
#11th 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
$ 394,950
0.02% YoY Change
Latest Monthly Sales Count
List Price /sqft
$227
0.02% from last quarter
Reduced Listings /Month
4
-0.67% from last quarter
Average Home Sqft
$1,948
-0.01% 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 Miami-Dade 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
Miami-Dade County
2,761,581
0.61%
#1st in FL
33184
21,075
#90th 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] => 7642
[country] => USA
[zip] => 33184
[city] => Miami
[state] => Florida
[state_abbr] => FL
[county] => Miami-Dade
[dma] => 528
[latitude] => 25.7596
[longitude] => -80.4081
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 33184
[zip_name] => miami, fl
[flag] =>
[median_listing_price] => 457050
[median_listing_price_mm] => -0.0654
[median_listing_price_yy] => 0.0386
[active_listing_count] => 37
[active_listing_count_mm] => -0.0513
[active_listing_count_yy] => -0.1395
[median_days_on_market] => 75.5
[median_days_on_market_mm] => -0.0443
[median_days_on_market_yy] => -0.2374
[new_listing_count] => 12
[new_listing_count_mm] => 0
[new_listing_count_yy] => 0.5
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] => -1
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.6667
[price_reduced_count_yy] => 0
[pending_listing_count] => 22
[pending_listing_count_mm] => -0.0435
[pending_listing_count_yy] => 0.1
[median_listing_price_per_square_feet] => 227
[median_listing_price_per_square_feet_mm] => 0.0201
[median_listing_price_per_square_feet_yy] => 0.0506
[median_square_feet] => 1948
[median_square_feet_mm] => -0.0385
[median_square_feet_yy] => -0.0117
[average_listing_price] => 624198
[average_listing_price_mm] => 0.0234
[average_listing_price_yy] => 0.1433
[total_listing_count] => 59
[total_listing_count_mm] => -0.0484
[total_listing_count_yy] => 0.5946
[pending_ratio_mm] => 0.0049
[pending_ratio_yy] => 0.1295
[RegionID] => 72486
[RegionName] => 33184
[State] => FL
[Metro] => Miami-Fort Lauderdale-West Palm Beach
[County] => Miami-Dade County
[City] => Tamiami
[SizeRank] => 679
[Zhvi] => 353200
[MoM] => -0.000283046
[QoQ] => 0.00113379
[YoY] => 0.0219907
[5Year] => 0.0954519
[10Year] => 0.0654305
[PeakMonth] => 2007-04
[PeakQuarter] => 2007-Q2
[PeakZHVI] => 382600
[PctFallFromPeak] => -0.0768427
[LastTimeAtCurrZHVI] => 2006-05
[flips] => 31570
[purchase_price] => 148147
[resale_price] => 213488
[gross_margin] => 65341
[flipcount_rank] => 1
[flipmargin_rank] => 27
[counties] => 67
[zip_population] => 21075
[zip_rank] => 390
[state_population] => 21299325
[state_rank] => 3
[state_difference] => 1.537473
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,325000,329900,312500,302950,325000,329000,350000,355000,350000,337450,350000,360000,349000,365800,365000,375950,379000,374900,401305.5,404900,404900,398950,390250,399950,390000,415000,422000,392000,395000,382500,380000,414950,410000,384950,369900,391950,395000,395000,389999.5,395000,395000,4.00E+05,389499.5,370000,385000,394950"
[list_prices_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] =>
[17] =>
[18] =>
[19] =>
[20] =>
[21] =>
[22] =>
[23] =>
[24] =>
[25] =>
[26] =>
[27] =>
[28] =>
[29] =>
[30] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] =>
[52] =>
[53] =>
[54] =>
[55] =>
[56] =>
[57] =>
[58] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] => 325000
[75] => 329900
[76] => 312500
[77] => 302950
[78] => 325000
[79] => 329000
[80] => 350000
[81] => 355000
[82] => 350000
[83] => 337450
[84] => 350000
[85] => 360000
[86] => 349000
[87] => 365800
[88] => 365000
[89] => 375950
[90] => 379000
[91] => 374900
[92] => 401305.5
[93] => 404900
[94] => 404900
[95] => 398950
[96] => 390250
[97] => 399950
[98] => 390000
[99] => 415000
[100] => 422000
[101] => 392000
[102] => 395000
[103] => 382500
[104] => 380000
[105] => 414950
[106] => 410000
[107] => 384950
[108] => 369900
[109] => 391950
[110] => 395000
[111] => 395000
[112] => 389999.5
[113] => 395000
[114] => 395000
[115] => 4.00E+05
[116] => 389499.5
[117] => 370000
[118] => 385000
[119] => 394950
)
)
Array
(
[county_name] => Miami-Dade
[state] => Florida
[state_fips] => 12
[county_fips] => 12086
[dma] =>
[metro_name] => Miami, FL
[cbsa_name] => Miami-Fort Lauderdale-West Palm Beach, FL
[county_region_id_zillow] => 2964
[metro_region_id_zillow] => 394856
[fips] => 12086
[cbsa_code] => 33100
[population_prior] => 2744878
[population] => 2761581
[rank] => 1
[difference] => 0.608515205
[region_id] => 2964
[sale_counts] => "1698,1596,1529,1519,1558,1577,1629,1705,1715,1852,1892,2040,2020,2052,2019,2109,2176,2235,2308,2356,2440,2449,2567,2650,2836,2782,2752,2691,2770,2839,2853,2828,2840,3014,3353,3566,3565,3419,3328,3211,3119,3157,3269,3171,3138,3059,3229,3319,3436,3373,3328,3143,3150,3207,3262,3474,3564,3765,3819,3796,3694,3677,3815,3845,3888,3804,3932,3943,3986,3935,3964,3883,3869,3788,3736,3612,3562,3571,3725,3868,3940,4023,3930,3988,3837,3795,3654,3683,3704,3692,3713,3631,3631,3583,3458,3560,3518,3546,3380,3370,3306,3331,3206,3125,3103,3113,3211,3211,3292,3267,3334,3355,3408,3298,2910,2910,2888,3186,3247,3258,3458,3492,3505,3438,3413,3492,3400,3351,3300,3182,3188,3202,3316,3320,3424,3345,3435,3288,3347,3292,3280,"
[county] => Miami-Dade
[flips] => 2499
[purchase_price] => 198000
[resale_price] => 278000
[gross_margin] => 80000
[flipcount_rank] => 3
[flipmargin_rank] => 11
[sale_counts_exploded] => Array
(
[0] => 1698
[1] => 1596
[2] => 1529
[3] => 1519
[4] => 1558
[5] => 1577
[6] => 1629
[7] => 1705
[8] => 1715
[9] => 1852
[10] => 1892
[11] => 2040
[12] => 2020
[13] => 2052
[14] => 2019
[15] => 2109
[16] => 2176
[17] => 2235
[18] => 2308
[19] => 2356
[20] => 2440
[21] => 2449
[22] => 2567
[23] => 2650
[24] => 2836
[25] => 2782
[26] => 2752
[27] => 2691
[28] => 2770
[29] => 2839
[30] => 2853
[31] => 2828
[32] => 2840
[33] => 3014
[34] => 3353
[35] => 3566
[36] => 3565
[37] => 3419
[38] => 3328
[39] => 3211
[40] => 3119
[41] => 3157
[42] => 3269
[43] => 3171
[44] => 3138
[45] => 3059
[46] => 3229
[47] => 3319
[48] => 3436
[49] => 3373
[50] => 3328
[51] => 3143
[52] => 3150
[53] => 3207
[54] => 3262
[55] => 3474
[56] => 3564
[57] => 3765
[58] => 3819
[59] => 3796
[60] => 3694
[61] => 3677
[62] => 3815
[63] => 3845
[64] => 3888
[65] => 3804
[66] => 3932
[67] => 3943
[68] => 3986
[69] => 3935
[70] => 3964
[71] => 3883
[72] => 3869
[73] => 3788
[74] => 3736
[75] => 3612
[76] => 3562
[77] => 3571
[78] => 3725
[79] => 3868
[80] => 3940
[81] => 4023
[82] => 3930
[83] => 3988
[84] => 3837
[85] => 3795
[86] => 3654
[87] => 3683
[88] => 3704
[89] => 3692
[90] => 3713
[91] => 3631
[92] => 3631
[93] => 3583
[94] => 3458
[95] => 3560
[96] => 3518
[97] => 3546
[98] => 3380
[99] => 3370
[100] => 3306
[101] => 3331
[102] => 3206
[103] => 3125
[104] => 3103
[105] => 3113
[106] => 3211
[107] => 3211
[108] => 3292
[109] => 3267
[110] => 3334
[111] => 3355
[112] => 3408
[113] => 3298
[114] => 2910
[115] => 2910
[116] => 2888
[117] => 3186
[118] => 3247
[119] => 3258
[120] => 3458
[121] => 3492
[122] => 3505
[123] => 3438
[124] => 3413
[125] => 3492
[126] => 3400
[127] => 3351
[128] => 3300
[129] => 3182
[130] => 3188
[131] => 3202
[132] => 3316
[133] => 3320
[134] => 3424
[135] => 3345
[136] => 3435
[137] => 3288
[138] => 3347
[139] => 3292
[140] => 3280
[141] =>
)
)