House Flipping Report
Neighborhood Data
Inverness, FL 34452
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 Inverness, FL . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Citrus 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
Citrus County
#26th in FL
#46th 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
$ 142,000
0.04% YoY Change
Latest Monthly Sales Count
377
List Price /sqft
$109
0.01% from last quarter
Reduced Listings /Month
8
-0.6% from last quarter
Average Home Sqft
$1,498
0.07% 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 Citrus 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
Citrus County
147,929
1.66%
#33rd in FL
34452
11,919
#32nd 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] => 7004
[country] => USA
[zip] => 34452
[city] => Inverness
[state] => Florida
[state_abbr] => FL
[county] => Citrus
[dma] => 539
[latitude] => 28.7766
[longitude] => -82.3945
[timezone] => -5
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 34452
[zip_name] => inverness, fl
[flag] =>
[median_listing_price] => 154950
[median_listing_price_mm] => 0.0683
[median_listing_price_yy] => 0.1072
[active_listing_count] => 57
[active_listing_count_mm] => -0.0172
[active_listing_count_yy] => -0.2875
[median_days_on_market] => 68.5
[median_days_on_market_mm] => 0.181
[median_days_on_market_yy] => 0.161
[new_listing_count] => 8
[new_listing_count_mm] => -0.6667
[new_listing_count_yy] => -0.6
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 8
[price_reduced_count_mm] => -0.6
[price_reduced_count_yy] => -0.6
[pending_listing_count] => 36
[pending_listing_count_mm] => 0
[pending_listing_count_yy] => 0.3846
[median_listing_price_per_square_feet] => 109
[median_listing_price_per_square_feet_mm] => 0.0058
[median_listing_price_per_square_feet_yy] => 0.0387
[median_square_feet] => 1498
[median_square_feet_mm] => 0.0081
[median_square_feet_yy] => 0.07
[average_listing_price] => 265463
[average_listing_price_mm] => 0.0422
[average_listing_price_yy] => 0.7569
[total_listing_count] => 93
[total_listing_count_mm] => -0.0106
[total_listing_count_yy] => 0.6316
[pending_ratio_mm] => 0.0109
[pending_ratio_yy] => 0.3066
[RegionID] => 73110
[RegionName] => 34452
[State] => FL
[Metro] => Homosassa Springs
[County] => Citrus County
[City] => Inverness
[SizeRank] => 748
[Zhvi] => 132000
[MoM] => 0.00075815
[QoQ] => 0.00456621
[YoY] => 0.0443038
[5Year] => 0.124236
[10Year] => 0.043898
[PeakMonth] => 2006-07
[PeakQuarter] => 2006-Q3
[PeakZHVI] => 147100
[PctFallFromPeak] => -0.102651
[LastTimeAtCurrZHVI] => 2005-11
[flips] => 31570
[purchase_price] => 148147
[resale_price] => 213488
[gross_margin] => 65341
[flipcount_rank] => 1
[flipmargin_rank] => 27
[counties] => 67
[zip_population] => 11919
[zip_rank] => 632
[state_population] => 21299325
[state_rank] => 3
[state_difference] => 1.537473
[list_prices] => "109900,107200,109400,104925,104750,104850,103450,99900,99900,94450,95000,89900,90000,89900,94900,90900,94900,99000,94950,94000,92700,92000,89000,86250,85000,82750,79900,84950,83500,84900,84900,79900,79900,75000,79400,77700,85050,82900,82900,84900,89900,84950,84900,84900,89900,89900,89900,89900,89900,96500,94900,89950,94000,89950,92000,92000,88500,89900,89900,89950,85000,89900,89900,89900,92900,90000,95000,94000,94900,94900,94950,94900,97900,96900,99000,103200,99900,106500,105800,108000,108000,107500,110000,110200,113900,115000,113900,119394,121900,129000,129900,132900,132250,135000,135900,134000,129950,130000,134950,135000,133900,134900,134900,137700,136499.5,137777,139000,139900,134900,135000,135000,135900,135450,139000,139900,139500,139900,139900,142250,142000"
[list_prices_exploded] => Array
(
[0] => 109900
[1] => 107200
[2] => 109400
[3] => 104925
[4] => 104750
[5] => 104850
[6] => 103450
[7] => 99900
[8] => 99900
[9] => 94450
[10] => 95000
[11] => 89900
[12] => 90000
[13] => 89900
[14] => 94900
[15] => 90900
[16] => 94900
[17] => 99000
[18] => 94950
[19] => 94000
[20] => 92700
[21] => 92000
[22] => 89000
[23] => 86250
[24] => 85000
[25] => 82750
[26] => 79900
[27] => 84950
[28] => 83500
[29] => 84900
[30] => 84900
[31] => 79900
[32] => 79900
[33] => 75000
[34] => 79400
[35] => 77700
[36] => 85050
[37] => 82900
[38] => 82900
[39] => 84900
[40] => 89900
[41] => 84950
[42] => 84900
[43] => 84900
[44] => 89900
[45] => 89900
[46] => 89900
[47] => 89900
[48] => 89900
[49] => 96500
[50] => 94900
[51] => 89950
[52] => 94000
[53] => 89950
[54] => 92000
[55] => 92000
[56] => 88500
[57] => 89900
[58] => 89900
[59] => 89950
[60] => 85000
[61] => 89900
[62] => 89900
[63] => 89900
[64] => 92900
[65] => 90000
[66] => 95000
[67] => 94000
[68] => 94900
[69] => 94900
[70] => 94950
[71] => 94900
[72] => 97900
[73] => 96900
[74] => 99000
[75] => 103200
[76] => 99900
[77] => 106500
[78] => 105800
[79] => 108000
[80] => 108000
[81] => 107500
[82] => 110000
[83] => 110200
[84] => 113900
[85] => 115000
[86] => 113900
[87] => 119394
[88] => 121900
[89] => 129000
[90] => 129900
[91] => 132900
[92] => 132250
[93] => 135000
[94] => 135900
[95] => 134000
[96] => 129950
[97] => 130000
[98] => 134950
[99] => 135000
[100] => 133900
[101] => 134900
[102] => 134900
[103] => 137700
[104] => 136499.5
[105] => 137777
[106] => 139000
[107] => 139900
[108] => 134900
[109] => 135000
[110] => 135000
[111] => 135900
[112] => 135450
[113] => 139000
[114] => 139900
[115] => 139500
[116] => 139900
[117] => 139900
[118] => 142250
[119] => 142000
)
)
Array
(
[county_name] => Citrus
[state] => Florida
[state_fips] => 12
[county_fips] => 12017
[dma] => 539
[metro_name] => Inverness, FL
[cbsa_name] => Homosassa Springs, FL
[county_region_id_zillow] => 938
[metro_region_id_zillow] => 394685
[fips] => 12017
[cbsa_code] => 26140
[population_prior] => 145512
[population] => 147929
[rank] => 33
[difference] => 1.661031393
[region_id] => 938
[sale_counts] => "158,151,156,152,172,163,172,156,145,132,136,148,161,155,157,154,166,166,178,188,195,199,187,192,193,193,191,184,183,180,177,170,175,179,187,186,190,198,200,193,183,177,166,172,182,189,195,203,217,209,203,194,194,203,208,229,232,246,241,242,238,250,260,262,259,252,258,268,279,280,272,279,286,292,289,295,303,303,303,315,318,345,341,348,338,334,333,328,345,349,373,360,351,321,331,332,321,310,320,327,325,332,339,335,335,341,355,354,355,355,339,331,317,323,325,334,340,334,358,357,361,347,364,372,373,371,375,374,338,318,316,320,336,330,359,349,367,353,380,379,371,377"
[county] => Citrus
[flips] => 270
[purchase_price] => 85511
[resale_price] => 130519
[gross_margin] => 45008
[flipcount_rank] => 26
[flipmargin_rank] => 46
[sale_counts_exploded] => Array
(
[0] => 158
[1] => 151
[2] => 156
[3] => 152
[4] => 172
[5] => 163
[6] => 172
[7] => 156
[8] => 145
[9] => 132
[10] => 136
[11] => 148
[12] => 161
[13] => 155
[14] => 157
[15] => 154
[16] => 166
[17] => 166
[18] => 178
[19] => 188
[20] => 195
[21] => 199
[22] => 187
[23] => 192
[24] => 193
[25] => 193
[26] => 191
[27] => 184
[28] => 183
[29] => 180
[30] => 177
[31] => 170
[32] => 175
[33] => 179
[34] => 187
[35] => 186
[36] => 190
[37] => 198
[38] => 200
[39] => 193
[40] => 183
[41] => 177
[42] => 166
[43] => 172
[44] => 182
[45] => 189
[46] => 195
[47] => 203
[48] => 217
[49] => 209
[50] => 203
[51] => 194
[52] => 194
[53] => 203
[54] => 208
[55] => 229
[56] => 232
[57] => 246
[58] => 241
[59] => 242
[60] => 238
[61] => 250
[62] => 260
[63] => 262
[64] => 259
[65] => 252
[66] => 258
[67] => 268
[68] => 279
[69] => 280
[70] => 272
[71] => 279
[72] => 286
[73] => 292
[74] => 289
[75] => 295
[76] => 303
[77] => 303
[78] => 303
[79] => 315
[80] => 318
[81] => 345
[82] => 341
[83] => 348
[84] => 338
[85] => 334
[86] => 333
[87] => 328
[88] => 345
[89] => 349
[90] => 373
[91] => 360
[92] => 351
[93] => 321
[94] => 331
[95] => 332
[96] => 321
[97] => 310
[98] => 320
[99] => 327
[100] => 325
[101] => 332
[102] => 339
[103] => 335
[104] => 335
[105] => 341
[106] => 355
[107] => 354
[108] => 355
[109] => 355
[110] => 339
[111] => 331
[112] => 317
[113] => 323
[114] => 325
[115] => 334
[116] => 340
[117] => 334
[118] => 358
[119] => 357
[120] => 361
[121] => 347
[122] => 364
[123] => 372
[124] => 373
[125] => 371
[126] => 375
[127] => 374
[128] => 338
[129] => 318
[130] => 316
[131] => 320
[132] => 336
[133] => 330
[134] => 359
[135] => 349
[136] => 367
[137] => 353
[138] => 380
[139] => 379
[140] => 371
[141] => 377
)
)