House Flipping Report
Neighborhood Data
West Palm Beach, FL 33412
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 West Palm Beach, FL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Palm Beach 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
Palm Beach County
#5th in FL
#13th 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
$ 449,000
0.03% YoY Change
Latest Monthly Sales Count
List Price /sqft
$178
0% from last quarter
Reduced Listings /Month
40
0.11% from last quarter
Average Home Sqft
$2,664
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 Palm Beach 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
Palm Beach County
1,485,941
1.06%
#3rd in FL
33412
14,414
#57th 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] => 7825
[country] => USA
[zip] => 33412
[city] => West Palm Beach
[state] => Florida
[state_abbr] => FL
[county] => Palm Beach
[dma] => 548
[latitude] => 26.8301
[longitude] => -80.2128
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 33412
[zip_name] => west palm beach, fl
[flag] =>
[median_listing_price] => 452549
[median_listing_price_mm] => -0.0342
[median_listing_price_yy] => -0.0161
[active_listing_count] => 175
[active_listing_count_mm] => 0.0417
[active_listing_count_yy] => -0.1935
[median_days_on_market] => 90
[median_days_on_market_mm] => -0.0426
[median_days_on_market_yy] => 0.0714
[new_listing_count] => 32
[new_listing_count_mm] => -0.1111
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] => -1
[price_reduced_count] => 40
[price_reduced_count_mm] => 0.1111
[price_reduced_count_yy] => -0.1667
[pending_listing_count] => 32
[pending_listing_count_mm] => -0.1111
[pending_listing_count_yy] => -0.2558
[median_listing_price_per_square_feet] => 178
[median_listing_price_per_square_feet_mm] => 0.0022
[median_listing_price_per_square_feet_yy] => -0.0342
[median_square_feet] => 2664
[median_square_feet_mm] => -0.0344
[median_square_feet_yy] => 0.0125
[average_listing_price] => 578086
[average_listing_price_mm] => -0.0103
[average_listing_price_yy] => -0.0332
[total_listing_count] => 207
[total_listing_count_mm] => 0.0147
[total_listing_count_yy] => 0.1829
[pending_ratio_mm] => -0.0314
[pending_ratio_yy] => -0.0153
[RegionID] => 72579
[RegionName] => 33412
[State] => FL
[Metro] => Miami-Fort Lauderdale-West Palm Beach
[County] => Palm Beach County
[City] => West Palm Beach
[SizeRank] => 692
[Zhvi] => 393600
[MoM] => 0.00433784
[QoQ] => 0.0102669
[YoY] => 0.025
[5Year] => 0.0679011
[10Year] => 0.0431018
[PeakMonth] => 2006-06
[PeakQuarter] => 2006-Q2
[PeakZHVI] => 489900
[PctFallFromPeak] => -0.196571
[LastTimeAtCurrZHVI] => 2005-03
[flips] => 31570
[purchase_price] => 148147
[resale_price] => 213488
[gross_margin] => 65341
[flipcount_rank] => 1
[flipmargin_rank] => 27
[counties] => 67
[zip_population] => 14414
[zip_rank] => 557
[state_population] => 21299325
[state_rank] => 3
[state_difference] => 1.537473
[list_prices] => "404500,397000,379900,359000,359000,350000,349000,345000,337750,325750,340000,339999.5,339250,324900,325000,304950,299900,299000,285000,289000,279000,289000,294000,298000,322450,315000,327900,326450,339450,325000,315170.5,326000,317220.5,326450,325000,335000,339000,349900,379900,368750,379900,359000,359000,372500,377450,379900,376420,389000,375000,399000,399000,387500,372500,360950,369000,337450,357400,365000,392500,449999,449990,449990,463995,439990,408500,412495,403620,426500,433150,424000,419000,419000,419000,449900,455000,449900,459900,461450,450000,465000,487000,485000,480000,479495,479000,475000,465000,459990,429450,429900,425000,435000,399900,412450,424450,434950,439375,429500,430000,430000,429950,415000,410000,419995,410000,429000,440000,440000,429000,425000,429000,428950,414900,414000,429000,399900,409000,429900,449900,449000"
[list_prices_exploded] => Array
(
[0] => 404500
[1] => 397000
[2] => 379900
[3] => 359000
[4] => 359000
[5] => 350000
[6] => 349000
[7] => 345000
[8] => 337750
[9] => 325750
[10] => 340000
[11] => 339999.5
[12] => 339250
[13] => 324900
[14] => 325000
[15] => 304950
[16] => 299900
[17] => 299000
[18] => 285000
[19] => 289000
[20] => 279000
[21] => 289000
[22] => 294000
[23] => 298000
[24] => 322450
[25] => 315000
[26] => 327900
[27] => 326450
[28] => 339450
[29] => 325000
[30] => 315170.5
[31] => 326000
[32] => 317220.5
[33] => 326450
[34] => 325000
[35] => 335000
[36] => 339000
[37] => 349900
[38] => 379900
[39] => 368750
[40] => 379900
[41] => 359000
[42] => 359000
[43] => 372500
[44] => 377450
[45] => 379900
[46] => 376420
[47] => 389000
[48] => 375000
[49] => 399000
[50] => 399000
[51] => 387500
[52] => 372500
[53] => 360950
[54] => 369000
[55] => 337450
[56] => 357400
[57] => 365000
[58] => 392500
[59] => 449999
[60] => 449990
[61] => 449990
[62] => 463995
[63] => 439990
[64] => 408500
[65] => 412495
[66] => 403620
[67] => 426500
[68] => 433150
[69] => 424000
[70] => 419000
[71] => 419000
[72] => 419000
[73] => 449900
[74] => 455000
[75] => 449900
[76] => 459900
[77] => 461450
[78] => 450000
[79] => 465000
[80] => 487000
[81] => 485000
[82] => 480000
[83] => 479495
[84] => 479000
[85] => 475000
[86] => 465000
[87] => 459990
[88] => 429450
[89] => 429900
[90] => 425000
[91] => 435000
[92] => 399900
[93] => 412450
[94] => 424450
[95] => 434950
[96] => 439375
[97] => 429500
[98] => 430000
[99] => 430000
[100] => 429950
[101] => 415000
[102] => 410000
[103] => 419995
[104] => 410000
[105] => 429000
[106] => 440000
[107] => 440000
[108] => 429000
[109] => 425000
[110] => 429000
[111] => 428950
[112] => 414900
[113] => 414000
[114] => 429000
[115] => 399900
[116] => 409000
[117] => 429900
[118] => 449900
[119] => 449000
)
)
Array
(
[county_name] => Palm Beach
[state] => Florida
[state_fips] => 12
[county_fips] => 12099
[dma] => 548
[metro_name] => Miami, FL
[cbsa_name] => Miami-Fort Lauderdale-West Palm Beach, FL
[county_region_id_zillow] => 2993
[metro_region_id_zillow] => 394856
[fips] => 12099
[cbsa_code] => 33100
[population_prior] => 1470338
[population] => 1485941
[rank] => 3
[difference] => 1.061184571
[region_id] => 2993
[sale_counts] => "1479,1494,1503,1606,1596,1538,1497,1484,1444,1440,1460,1534,1546,1562,1551,1567,1619,1723,1854,1946,1988,2051,2040,2046,2006,2061,2045,2090,1980,1943,1900,1909,2024,2142,2433,2593,2719,2663,2676,2618,2495,2532,2550,2563,2578,2488,2701,2752,2846,2807,2730,2718,2566,2562,2656,2850,2890,2799,3067,3385,3545,3402,3117,3224,3256,3341,3264,3298,3326,3319,3272,3250,3210,3229,3294,3268,3206,3191,3313,3444,3476,3565,3427,3429,3435,3588,3570,3555,3520,3453,3519,3465,3492,3410,3376,3437,3347,3306,3219,3196,3260,3207,3226,3144,3246,3224,3305,3335,3458,3429,3465,3484,3334,3417,3004,3194,3039,3275,3402,3412,3522,3447,3463,3433,3341,3362,3271,3228,3216,3176,3168,3105,3180,3287,3370,3338,3335,3284,3274,3204,3215,"
[county] => Palm Beach
[flips] => 2263
[purchase_price] => 159001
[resale_price] => 229943
[gross_margin] => 70942
[flipcount_rank] => 5
[flipmargin_rank] => 13
[sale_counts_exploded] => Array
(
[0] => 1479
[1] => 1494
[2] => 1503
[3] => 1606
[4] => 1596
[5] => 1538
[6] => 1497
[7] => 1484
[8] => 1444
[9] => 1440
[10] => 1460
[11] => 1534
[12] => 1546
[13] => 1562
[14] => 1551
[15] => 1567
[16] => 1619
[17] => 1723
[18] => 1854
[19] => 1946
[20] => 1988
[21] => 2051
[22] => 2040
[23] => 2046
[24] => 2006
[25] => 2061
[26] => 2045
[27] => 2090
[28] => 1980
[29] => 1943
[30] => 1900
[31] => 1909
[32] => 2024
[33] => 2142
[34] => 2433
[35] => 2593
[36] => 2719
[37] => 2663
[38] => 2676
[39] => 2618
[40] => 2495
[41] => 2532
[42] => 2550
[43] => 2563
[44] => 2578
[45] => 2488
[46] => 2701
[47] => 2752
[48] => 2846
[49] => 2807
[50] => 2730
[51] => 2718
[52] => 2566
[53] => 2562
[54] => 2656
[55] => 2850
[56] => 2890
[57] => 2799
[58] => 3067
[59] => 3385
[60] => 3545
[61] => 3402
[62] => 3117
[63] => 3224
[64] => 3256
[65] => 3341
[66] => 3264
[67] => 3298
[68] => 3326
[69] => 3319
[70] => 3272
[71] => 3250
[72] => 3210
[73] => 3229
[74] => 3294
[75] => 3268
[76] => 3206
[77] => 3191
[78] => 3313
[79] => 3444
[80] => 3476
[81] => 3565
[82] => 3427
[83] => 3429
[84] => 3435
[85] => 3588
[86] => 3570
[87] => 3555
[88] => 3520
[89] => 3453
[90] => 3519
[91] => 3465
[92] => 3492
[93] => 3410
[94] => 3376
[95] => 3437
[96] => 3347
[97] => 3306
[98] => 3219
[99] => 3196
[100] => 3260
[101] => 3207
[102] => 3226
[103] => 3144
[104] => 3246
[105] => 3224
[106] => 3305
[107] => 3335
[108] => 3458
[109] => 3429
[110] => 3465
[111] => 3484
[112] => 3334
[113] => 3417
[114] => 3004
[115] => 3194
[116] => 3039
[117] => 3275
[118] => 3402
[119] => 3412
[120] => 3522
[121] => 3447
[122] => 3463
[123] => 3433
[124] => 3341
[125] => 3362
[126] => 3271
[127] => 3228
[128] => 3216
[129] => 3176
[130] => 3168
[131] => 3105
[132] => 3180
[133] => 3287
[134] => 3370
[135] => 3338
[136] => 3335
[137] => 3284
[138] => 3274
[139] => 3204
[140] => 3215
[141] =>
)
)