House Flipping Report
Neighborhood Data
Sarasota, FL 34242
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
$ 764,650
-0.02% YoY Change
Latest Monthly Sales Count
1,235
List Price /sqft
$490
-6% from last quarter
Reduced Listings /Month
32
-0.33% from last quarter
Average Home Sqft
$1,521
-0.09% 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
34242
8,865
#98th 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] => 8124
[country] => USA
[zip] => 34242
[city] => Sarasota
[state] => Florida
[state_abbr] => FL
[county] => Sarasota
[dma] => 539
[latitude] => 27.2575
[longitude] => -82.5405
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 34242
[zip_name] => sarasota, fl
[flag] =>
[median_listing_price] => 786550
[median_listing_price_mm] => 0.0175
[median_listing_price_yy] => -0.0467
[active_listing_count] => 338
[active_listing_count_mm] => -0.0029
[active_listing_count_yy] => -0.074
[median_days_on_market] => 117
[median_days_on_market_mm] => -0.0714
[median_days_on_market_yy] => 0.0446
[new_listing_count] => 40
[new_listing_count_mm] => -0.4444
[new_listing_count_yy] => -0.3333
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 32
[price_reduced_count_mm] => -0.3333
[price_reduced_count_yy] => -0.4286
[pending_listing_count] => 59
[pending_listing_count_mm] => 0.0727
[pending_listing_count_yy] => 0.475
[median_listing_price_per_square_feet] => 490
[median_listing_price_per_square_feet_mm] => -6.00E-0
[median_listing_price_per_square_feet_yy] => 0.0225
[median_square_feet] => 1521
[median_square_feet_mm] => 0
[median_square_feet_yy] => -0.0936
[average_listing_price] => 1320180
[average_listing_price_mm] => 0.0054
[average_listing_price_yy] => -0.1231
[total_listing_count] => 397
[total_listing_count_mm] => 0.0076
[total_listing_count_yy] => 0.1746
[pending_ratio_mm] => 0.0123
[pending_ratio_yy] => 0.065
[RegionID] => 73061
[RegionName] => 34242
[State] => FL
[Metro] => North Port-Sarasota-Bradenton
[County] => Sarasota County
[City] => Siesta Key
[SizeRank] => 633
[Zhvi] => 605700
[MoM] => -0.00312706
[QoQ] => -0.00574524
[YoY] => -0.0167208
[5Year] => 0.0494618
[10Year] => 0.0307797
[PeakMonth] => 2006-02
[PeakQuarter] => 2006-Q1
[PeakZHVI] => 762700
[PctFallFromPeak] => -0.205848
[LastTimeAtCurrZHVI] => 2005-01
[flips] => 31570
[purchase_price] => 148147
[resale_price] => 213488
[gross_margin] => 65341
[flipcount_rank] => 1
[flipmargin_rank] => 27
[counties] => 67
[zip_population] => 8865
[zip_rank] => 698
[state_population] => 21299325
[state_rank] => 3
[state_difference] => 1.537473
[list_prices] => "692000,644500,625000,625000,599947.5,599995,599000,605000,599000,595000,579000,575000,550000,549900,549500,523300,499000,499999,499000,499000,499000,499900,549000,549000,549900,585000,592000,585000,599000,585000,587000,559000,574900,574900,6.00E+05,624000,609900,599000,609450,599900,599900,599900,599000,599900,599900,599900,639900,644450,617450,624174.5,599900,629174.5,649000,569900,650000,649000,654500,689000,649000,650000,649900,659000,699000,684450,699000,749000,749000,749450,741950,749900,749000,744900,749000,749450,745000,699000,699000,729000,736500,749000,725000,729000,729000,760000,777000,785000,799250,849000,849000,854500,889500,850000,872000,875000,849000,839450,794000,849000,799000,749450,769000,745000,750000,777000,749900,775000,799000,789900,774900,775000,750000,767000,775000,798000,799900,799900,749900,749000,755000,764650"
[list_prices_exploded] => Array
(
[0] => 692000
[1] => 644500
[2] => 625000
[3] => 625000
[4] => 599947.5
[5] => 599995
[6] => 599000
[7] => 605000
[8] => 599000
[9] => 595000
[10] => 579000
[11] => 575000
[12] => 550000
[13] => 549900
[14] => 549500
[15] => 523300
[16] => 499000
[17] => 499999
[18] => 499000
[19] => 499000
[20] => 499000
[21] => 499900
[22] => 549000
[23] => 549000
[24] => 549900
[25] => 585000
[26] => 592000
[27] => 585000
[28] => 599000
[29] => 585000
[30] => 587000
[31] => 559000
[32] => 574900
[33] => 574900
[34] => 6.00E+05
[35] => 624000
[36] => 609900
[37] => 599000
[38] => 609450
[39] => 599900
[40] => 599900
[41] => 599900
[42] => 599000
[43] => 599900
[44] => 599900
[45] => 599900
[46] => 639900
[47] => 644450
[48] => 617450
[49] => 624174.5
[50] => 599900
[51] => 629174.5
[52] => 649000
[53] => 569900
[54] => 650000
[55] => 649000
[56] => 654500
[57] => 689000
[58] => 649000
[59] => 650000
[60] => 649900
[61] => 659000
[62] => 699000
[63] => 684450
[64] => 699000
[65] => 749000
[66] => 749000
[67] => 749450
[68] => 741950
[69] => 749900
[70] => 749000
[71] => 744900
[72] => 749000
[73] => 749450
[74] => 745000
[75] => 699000
[76] => 699000
[77] => 729000
[78] => 736500
[79] => 749000
[80] => 725000
[81] => 729000
[82] => 729000
[83] => 760000
[84] => 777000
[85] => 785000
[86] => 799250
[87] => 849000
[88] => 849000
[89] => 854500
[90] => 889500
[91] => 850000
[92] => 872000
[93] => 875000
[94] => 849000
[95] => 839450
[96] => 794000
[97] => 849000
[98] => 799000
[99] => 749450
[100] => 769000
[101] => 745000
[102] => 750000
[103] => 777000
[104] => 749900
[105] => 775000
[106] => 799000
[107] => 789900
[108] => 774900
[109] => 775000
[110] => 750000
[111] => 767000
[112] => 775000
[113] => 798000
[114] => 799900
[115] => 799900
[116] => 749900
[117] => 749000
[118] => 755000
[119] => 764650
)
)
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
)
)