House Flipping Report
Neighborhood Data
Cape Coral, FL 33990
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 Cape Coral, FL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Lee 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
Lee County
#9th in FL
#2nd 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
$ 239,000
0.01% YoY Change
Latest Monthly Sales Count
1,695
List Price /sqft
$150
0% from last quarter
Reduced Listings /Month
48
-0.25% from last quarter
Average Home Sqft
$1,711
-0.02% 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 Lee 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
Lee County
754,610
2.04%
#8th in FL
33990
28,173
#54th 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] => 7422
[country] => USA
[zip] => 33990
[city] => Cape Coral
[state] => Florida
[state_abbr] => FL
[county] => Lee
[dma] => 571
[latitude] => 26.6291
[longitude] => -81.9432
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 33990
[zip_name] => cape coral, fl
[flag] => *
[median_listing_price] => 249950
[median_listing_price_mm] => -0.0234
[median_listing_price_yy] =>
[active_listing_count] => 169
[active_listing_count_mm] => 0.0242
[active_listing_count_yy] =>
[median_days_on_market] => 57
[median_days_on_market_mm] => 0.0179
[median_days_on_market_yy] =>
[new_listing_count] => 44
[new_listing_count_mm] => -0.3125
[new_listing_count_yy] => -0.5217
[price_increased_count] => 0
[price_increased_count_mm] => -1
[price_increased_count_yy] => -1
[price_reduced_count] => 48
[price_reduced_count_mm] => -0.25
[price_reduced_count_yy] => -0.2
[pending_listing_count] => 81
[pending_listing_count_mm] => -0.1383
[pending_listing_count_yy] => 0.6531
[median_listing_price_per_square_feet] => 150
[median_listing_price_per_square_feet_mm] => 0.0011
[median_listing_price_per_square_feet_yy] => -0.0335
[median_square_feet] => 1711
[median_square_feet_mm] => -0.0209
[median_square_feet_yy] => -0.0226
[average_listing_price] => 279167
[average_listing_price_mm] => -0.027
[average_listing_price_yy] => -0.0091
[total_listing_count] => 250
[total_listing_count_mm] => -0.0347
[total_listing_count_yy] => 0.4793
[pending_ratio_mm] => -0.0904
[pending_ratio_yy] => 0.2776
[RegionID] => 72949
[RegionName] => 33990
[State] => FL
[Metro] => Cape Coral-Fort Myers
[County] => Lee County
[City] => Cape Coral
[SizeRank] => 257
[Zhvi] => 220100
[MoM] => 0.00319052
[QoQ] => 0.00732265
[YoY] => 0.0124195
[5Year] => 0.0690863
[10Year] => 0.07479
[PeakMonth] => 2006-04
[PeakQuarter] => 2006-Q2
[PeakZHVI] => 287100
[PctFallFromPeak] => -0.233368
[LastTimeAtCurrZHVI] => 2005-05
[flips] => 31570
[purchase_price] => 148147
[resale_price] => 213488
[gross_margin] => 65341
[flipcount_rank] => 1
[flipmargin_rank] => 27
[counties] => 67
[zip_population] => 28173
[zip_rank] => 254
[state_population] => 21299325
[state_rank] => 3
[state_difference] => 1.537473
[list_prices] => "139450,139000,139915.5,144900,139900,138900,134900,133900,133000,129900,130000,129900,129900,135000,135000,132700,137900,134400,129900,129000,129875,129887.5,134700,135000,129900,129875,126000,134450,139000,136900,139984.5,140000,144961,145000,150000,158000,163300,155950,149950,150000,145000,150000,158000,155000,159000,155000,168000,170858.5,174400,174900,169900,169000,165000,169900,174000,175900,169900,169900,169900,171000,175000,177500,180750,185000,187700,193700,189900,190000,195000,203000,217900,207250,215000,215000,214900,216999,219450,221500,220000,219000,218900,219945,224990,229900,230000,229900,229669,229850,225900,228000,230000,230000,239999,239000,244950,245000,249000,248900,244950,241450,239000,239450,241900,244900,249900,254800,249955.5,249900,249900,245900,247990,249000,246500,247500,248000,240000,235000,239450,240000,239000"
[list_prices_exploded] => Array
(
[0] => 139450
[1] => 139000
[2] => 139915.5
[3] => 144900
[4] => 139900
[5] => 138900
[6] => 134900
[7] => 133900
[8] => 133000
[9] => 129900
[10] => 130000
[11] => 129900
[12] => 129900
[13] => 135000
[14] => 135000
[15] => 132700
[16] => 137900
[17] => 134400
[18] => 129900
[19] => 129000
[20] => 129875
[21] => 129887.5
[22] => 134700
[23] => 135000
[24] => 129900
[25] => 129875
[26] => 126000
[27] => 134450
[28] => 139000
[29] => 136900
[30] => 139984.5
[31] => 140000
[32] => 144961
[33] => 145000
[34] => 150000
[35] => 158000
[36] => 163300
[37] => 155950
[38] => 149950
[39] => 150000
[40] => 145000
[41] => 150000
[42] => 158000
[43] => 155000
[44] => 159000
[45] => 155000
[46] => 168000
[47] => 170858.5
[48] => 174400
[49] => 174900
[50] => 169900
[51] => 169000
[52] => 165000
[53] => 169900
[54] => 174000
[55] => 175900
[56] => 169900
[57] => 169900
[58] => 169900
[59] => 171000
[60] => 175000
[61] => 177500
[62] => 180750
[63] => 185000
[64] => 187700
[65] => 193700
[66] => 189900
[67] => 190000
[68] => 195000
[69] => 203000
[70] => 217900
[71] => 207250
[72] => 215000
[73] => 215000
[74] => 214900
[75] => 216999
[76] => 219450
[77] => 221500
[78] => 220000
[79] => 219000
[80] => 218900
[81] => 219945
[82] => 224990
[83] => 229900
[84] => 230000
[85] => 229900
[86] => 229669
[87] => 229850
[88] => 225900
[89] => 228000
[90] => 230000
[91] => 230000
[92] => 239999
[93] => 239000
[94] => 244950
[95] => 245000
[96] => 249000
[97] => 248900
[98] => 244950
[99] => 241450
[100] => 239000
[101] => 239450
[102] => 241900
[103] => 244900
[104] => 249900
[105] => 254800
[106] => 249955.5
[107] => 249900
[108] => 249900
[109] => 245900
[110] => 247990
[111] => 249000
[112] => 246500
[113] => 247500
[114] => 248000
[115] => 240000
[116] => 235000
[117] => 239450
[118] => 240000
[119] => 239000
)
)
Array
(
[county_name] => Lee
[state] => Florida
[state_fips] => 12
[county_fips] => 12071
[dma] => 571
[metro_name] => Fort Myers, FL
[cbsa_name] => Cape Coral-Fort Myers, FL
[county_region_id_zillow] => 80
[metro_region_id_zillow] => 394440
[fips] => 12071
[cbsa_code] => 15980
[population_prior] => 739506
[population] => 754610
[rank] => 8
[difference] => 2.042444551
[region_id] => 80
[sale_counts] => "891,937,992,1087,1180,1216,1215,1219,1235,1331,1440,1590,1721,1798,1908,2065,2209,2231,2204,2191,2276,2348,2382,2371,2372,2306,2257,2173,2090,1954,1840,1801,1914,1960,2117,2175,2318,2236,2101,1935,1897,1899,1857,1801,1882,1834,1840,1843,1922,1949,1850,1797,1751,1688,1626,1661,1765,1813,1868,1863,1902,1855,1876,1860,1898,1840,1839,1815,1850,1843,1853,1824,1836,1864,1894,1944,1920,1866,1864,1878,1973,2069,2015,2047,2012,2148,2138,2245,2332,2315,2250,2165,2191,2117,2039,2003,2019,2033,2032,2012,2007,2024,2018,2033,2138,2141,2131,2061,2207,2194,2180,2116,2154,2160,1898,1809,1781,2013,2132,2166,2152,2183,2187,2156,2090,2099,2024,1987,2001,1975,1917,1951,2026,2027,1833,1690,1732,1736,1801,1743,1683,1695"
[county] => Lee
[flips] => 1288
[purchase_price] => 106057
[resale_price] => 212388
[gross_margin] => 106331
[flipcount_rank] => 9
[flipmargin_rank] => 2
[sale_counts_exploded] => Array
(
[0] => 891
[1] => 937
[2] => 992
[3] => 1087
[4] => 1180
[5] => 1216
[6] => 1215
[7] => 1219
[8] => 1235
[9] => 1331
[10] => 1440
[11] => 1590
[12] => 1721
[13] => 1798
[14] => 1908
[15] => 2065
[16] => 2209
[17] => 2231
[18] => 2204
[19] => 2191
[20] => 2276
[21] => 2348
[22] => 2382
[23] => 2371
[24] => 2372
[25] => 2306
[26] => 2257
[27] => 2173
[28] => 2090
[29] => 1954
[30] => 1840
[31] => 1801
[32] => 1914
[33] => 1960
[34] => 2117
[35] => 2175
[36] => 2318
[37] => 2236
[38] => 2101
[39] => 1935
[40] => 1897
[41] => 1899
[42] => 1857
[43] => 1801
[44] => 1882
[45] => 1834
[46] => 1840
[47] => 1843
[48] => 1922
[49] => 1949
[50] => 1850
[51] => 1797
[52] => 1751
[53] => 1688
[54] => 1626
[55] => 1661
[56] => 1765
[57] => 1813
[58] => 1868
[59] => 1863
[60] => 1902
[61] => 1855
[62] => 1876
[63] => 1860
[64] => 1898
[65] => 1840
[66] => 1839
[67] => 1815
[68] => 1850
[69] => 1843
[70] => 1853
[71] => 1824
[72] => 1836
[73] => 1864
[74] => 1894
[75] => 1944
[76] => 1920
[77] => 1866
[78] => 1864
[79] => 1878
[80] => 1973
[81] => 2069
[82] => 2015
[83] => 2047
[84] => 2012
[85] => 2148
[86] => 2138
[87] => 2245
[88] => 2332
[89] => 2315
[90] => 2250
[91] => 2165
[92] => 2191
[93] => 2117
[94] => 2039
[95] => 2003
[96] => 2019
[97] => 2033
[98] => 2032
[99] => 2012
[100] => 2007
[101] => 2024
[102] => 2018
[103] => 2033
[104] => 2138
[105] => 2141
[106] => 2131
[107] => 2061
[108] => 2207
[109] => 2194
[110] => 2180
[111] => 2116
[112] => 2154
[113] => 2160
[114] => 1898
[115] => 1809
[116] => 1781
[117] => 2013
[118] => 2132
[119] => 2166
[120] => 2152
[121] => 2183
[122] => 2187
[123] => 2156
[124] => 2090
[125] => 2099
[126] => 2024
[127] => 1987
[128] => 2001
[129] => 1975
[130] => 1917
[131] => 1951
[132] => 2026
[133] => 2027
[134] => 1833
[135] => 1690
[136] => 1732
[137] => 1736
[138] => 1801
[139] => 1743
[140] => 1683
[141] => 1695
)
)