House Flipping Report
Neighborhood Data
Sarasota, FL 34238
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 Sarasota, FL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Sarasota 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
Sarasota County
#15th in FL
#30th 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
$ 379,000
0.01% YoY Change
Latest Monthly Sales Count
1,235
List Price /sqft
$185
0.01% from last quarter
Reduced Listings /Month
56
-0.36% from last quarter
Average Home Sqft
$1,989
0.05% 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 Sarasota 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
Sarasota County
426,718
1.67%
#14th in FL
34238
17,500
#79th 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] => 8120
[country] => USA
[zip] => 34238
[city] => Sarasota
[state] => Florida
[state_abbr] => FL
[county] => Sarasota
[dma] => 539
[latitude] => 27.2187
[longitude] => -82.4687
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 34238
[zip_name] => sarasota, fl
[flag] =>
[median_listing_price] => 367000
[median_listing_price_mm] => 0.0221
[median_listing_price_yy] => 0.0199
[active_listing_count] => 341
[active_listing_count_mm] => 0.0333
[active_listing_count_yy] => 0
[median_days_on_market] => 73
[median_days_on_market_mm] => 0.1061
[median_days_on_market_yy] => -0.0875
[new_listing_count] => 64
[new_listing_count_mm] => -0.36
[new_listing_count_yy] => -0.0588
[price_increased_count] => 4
[price_increased_count_mm] => 0
[price_increased_count_yy] => 0
[price_reduced_count] => 56
[price_reduced_count_mm] => -0.3636
[price_reduced_count_yy] => -0.44
[pending_listing_count] => 81
[pending_listing_count_mm] => -0.1818
[pending_listing_count_yy] => 0.1096
[median_listing_price_per_square_feet] => 185
[median_listing_price_per_square_feet_mm] => 0.0134
[median_listing_price_per_square_feet_yy] => -0.008
[median_square_feet] => 1989
[median_square_feet_mm] => -0.0018
[median_square_feet_yy] => 0.0521
[average_listing_price] => 422087
[average_listing_price_mm] => -0.0052
[average_listing_price_yy] => 0.0385
[total_listing_count] => 422
[total_listing_count_mm] => -0.0163
[total_listing_count_yy] => 0.2375
[pending_ratio_mm] => -0.0625
[pending_ratio_yy] => 0.0235
[RegionID] => 73057
[RegionName] => 34238
[State] => FL
[Metro] => North Port-Sarasota-Bradenton
[County] => Sarasota County
[City] => Sarasota
[SizeRank] => 312
[Zhvi] => 338400
[MoM] => -0.000590667
[QoQ] => -0.00382691
[YoY] => 0.0122644
[5Year] => 0.0329947
[10Year] => 0.0314849
[PeakMonth] => 2006-02
[PeakQuarter] => 2006-Q1
[PeakZHVI] => 406500
[PctFallFromPeak] => -0.167528
[LastTimeAtCurrZHVI] => 2005-03
[flips] => 31570
[purchase_price] => 148147
[resale_price] => 213488
[gross_margin] => 65341
[flipcount_rank] => 1
[flipmargin_rank] => 27
[counties] => 67
[zip_population] => 17500
[zip_rank] => 479
[state_population] => 21299325
[state_rank] => 3
[state_difference] => 1.537473
[list_prices] => "299900,299900,299450,284900,275000,269450,250000,260000,269000,269000,269000,259000,259000,256000,259950,259900,258000,250000,245000,249000,245000,243900,249000,239450,249000,241990,240000,240000,244900,243945,241180,249000,249900,269900,269900,264995,256900,275000,295000,299900,299250,315000,312450,299250,299900,289000,299900,304950,310000,315000,322950,337000,339000,303900,345000,348450,345000,349900,348000,348000,347900,359000,365000,359000,365000,359450,358900,359000,356900,354995,347900,369000,375000,349900,350000,339650,339800,349900,345000,345000,348250,359450,359900,364990,372400,364695,359999,359450,349900,359900,364995,354900,327000,329900,319250,320560,339880,347990,363450,369900,379000,389000,384900,387950,400670,398000,390760,397000,399000,399700,399000,392900,375000,379008,379900,376745,369831,379450,369000,379000"
[list_prices_exploded] => Array
(
[0] => 299900
[1] => 299900
[2] => 299450
[3] => 284900
[4] => 275000
[5] => 269450
[6] => 250000
[7] => 260000
[8] => 269000
[9] => 269000
[10] => 269000
[11] => 259000
[12] => 259000
[13] => 256000
[14] => 259950
[15] => 259900
[16] => 258000
[17] => 250000
[18] => 245000
[19] => 249000
[20] => 245000
[21] => 243900
[22] => 249000
[23] => 239450
[24] => 249000
[25] => 241990
[26] => 240000
[27] => 240000
[28] => 244900
[29] => 243945
[30] => 241180
[31] => 249000
[32] => 249900
[33] => 269900
[34] => 269900
[35] => 264995
[36] => 256900
[37] => 275000
[38] => 295000
[39] => 299900
[40] => 299250
[41] => 315000
[42] => 312450
[43] => 299250
[44] => 299900
[45] => 289000
[46] => 299900
[47] => 304950
[48] => 310000
[49] => 315000
[50] => 322950
[51] => 337000
[52] => 339000
[53] => 303900
[54] => 345000
[55] => 348450
[56] => 345000
[57] => 349900
[58] => 348000
[59] => 348000
[60] => 347900
[61] => 359000
[62] => 365000
[63] => 359000
[64] => 365000
[65] => 359450
[66] => 358900
[67] => 359000
[68] => 356900
[69] => 354995
[70] => 347900
[71] => 369000
[72] => 375000
[73] => 349900
[74] => 350000
[75] => 339650
[76] => 339800
[77] => 349900
[78] => 345000
[79] => 345000
[80] => 348250
[81] => 359450
[82] => 359900
[83] => 364990
[84] => 372400
[85] => 364695
[86] => 359999
[87] => 359450
[88] => 349900
[89] => 359900
[90] => 364995
[91] => 354900
[92] => 327000
[93] => 329900
[94] => 319250
[95] => 320560
[96] => 339880
[97] => 347990
[98] => 363450
[99] => 369900
[100] => 379000
[101] => 389000
[102] => 384900
[103] => 387950
[104] => 400670
[105] => 398000
[106] => 390760
[107] => 397000
[108] => 399000
[109] => 399700
[110] => 399000
[111] => 392900
[112] => 375000
[113] => 379008
[114] => 379900
[115] => 376745
[116] => 369831
[117] => 379450
[118] => 369000
[119] => 379000
)
)
Array
(
[county_name] => Sarasota
[state] => Florida
[state_fips] => 12
[county_fips] => 12115
[dma] => 539
[metro_name] => Bradenton, FL
[cbsa_name] => North Port-Sarasota-Bradenton, FL
[county_region_id_zillow] => 2528
[metro_region_id_zillow] => 753906
[fips] => 12115
[cbsa_code] => 35840
[population_prior] => 419689
[population] => 426718
[rank] => 14
[difference] => 1.674811587
[region_id] => 2528
[sale_counts] => "572,552,559,575,611,599,606,623,608,609,614,676,700,670,641,641,679,667,666,681,745,810,807,820,813,817,788,779,739,688,664,680,733,766,830,878,879,855,833,802,778,764,778,808,827,827,854,881,897,887,894,894,886,875,852,905,947,1040,1042,1030,993,999,1001,978,981,982,1010,1000,1017,1046,1070,1049,1012,1033,1046,1081,1058,1065,1098,1148,1132,1110,1082,1140,1164,1157,1127,1128,1168,1166,1207,1154,1147,1066,1068,1057,1054,1022,1003,997,982,973,978,1000,1021,1007,1007,994,1055,1046,1101,1065,1085,1060,1001,1004,989,1029,1052,1073,1081,1095,1097,1085,1034,1005,980,973,987,977,980,954,1007,1055,1051,950,949,984,1106,1133,1174,1235"
[county] => Sarasota
[flips] => 651
[purchase_price] => 168645
[resale_price] => 227151
[gross_margin] => 58505
[flipcount_rank] => 15
[flipmargin_rank] => 30
[sale_counts_exploded] => Array
(
[0] => 572
[1] => 552
[2] => 559
[3] => 575
[4] => 611
[5] => 599
[6] => 606
[7] => 623
[8] => 608
[9] => 609
[10] => 614
[11] => 676
[12] => 700
[13] => 670
[14] => 641
[15] => 641
[16] => 679
[17] => 667
[18] => 666
[19] => 681
[20] => 745
[21] => 810
[22] => 807
[23] => 820
[24] => 813
[25] => 817
[26] => 788
[27] => 779
[28] => 739
[29] => 688
[30] => 664
[31] => 680
[32] => 733
[33] => 766
[34] => 830
[35] => 878
[36] => 879
[37] => 855
[38] => 833
[39] => 802
[40] => 778
[41] => 764
[42] => 778
[43] => 808
[44] => 827
[45] => 827
[46] => 854
[47] => 881
[48] => 897
[49] => 887
[50] => 894
[51] => 894
[52] => 886
[53] => 875
[54] => 852
[55] => 905
[56] => 947
[57] => 1040
[58] => 1042
[59] => 1030
[60] => 993
[61] => 999
[62] => 1001
[63] => 978
[64] => 981
[65] => 982
[66] => 1010
[67] => 1000
[68] => 1017
[69] => 1046
[70] => 1070
[71] => 1049
[72] => 1012
[73] => 1033
[74] => 1046
[75] => 1081
[76] => 1058
[77] => 1065
[78] => 1098
[79] => 1148
[80] => 1132
[81] => 1110
[82] => 1082
[83] => 1140
[84] => 1164
[85] => 1157
[86] => 1127
[87] => 1128
[88] => 1168
[89] => 1166
[90] => 1207
[91] => 1154
[92] => 1147
[93] => 1066
[94] => 1068
[95] => 1057
[96] => 1054
[97] => 1022
[98] => 1003
[99] => 997
[100] => 982
[101] => 973
[102] => 978
[103] => 1000
[104] => 1021
[105] => 1007
[106] => 1007
[107] => 994
[108] => 1055
[109] => 1046
[110] => 1101
[111] => 1065
[112] => 1085
[113] => 1060
[114] => 1001
[115] => 1004
[116] => 989
[117] => 1029
[118] => 1052
[119] => 1073
[120] => 1081
[121] => 1095
[122] => 1097
[123] => 1085
[124] => 1034
[125] => 1005
[126] => 980
[127] => 973
[128] => 987
[129] => 977
[130] => 980
[131] => 954
[132] => 1007
[133] => 1055
[134] => 1051
[135] => 950
[136] => 949
[137] => 984
[138] => 1106
[139] => 1133
[140] => 1174
[141] => 1235
)
)