House Flipping Report
Neighborhood Data
New Berlin, WI 53151
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 New Berlin, WI . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Waukesha County , we've been able to rank it against its peer counties within Wisconsin. To provide an even fuller picture, we also ranked Wisconsin against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Wisconsin
#26th in US
#21st in US
Waukesha County
#3rd in WI
#14th in WI
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
$ 285,000
0.04% YoY Change
Latest Monthly Sales Count
List Price /sqft
$158
0.07% from last quarter
Reduced Listings /Month
4
-0.67% from last quarter
Average Home Sqft
$1,902
-0.06% 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 Waukesha County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Wisconsin
5,813,568
0.37%
#20th in US
Waukesha County
403,072
0.5%
#3rd in WI
53151
31,987
#35th in WI
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] => 42316
[country] => USA
[zip] => 53151
[city] => New Berlin
[state] => Wisconsin
[state_abbr] => WI
[county] => Waukesha
[dma] => 617
[latitude] => 42.9737
[longitude] => -88.1035
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 53151
[zip_name] => new berlin, wi
[flag] =>
[median_listing_price] => 302500
[median_listing_price_mm] => -0.0084
[median_listing_price_yy] => 0.0085
[active_listing_count] => 30
[active_listing_count_mm] => -0.2105
[active_listing_count_yy] => -0.1667
[median_days_on_market] => 53.5
[median_days_on_market_mm] => 0.2738
[median_days_on_market_yy] => -0.1083
[new_listing_count] => 4
[new_listing_count_mm] => -0.75
[new_listing_count_yy] => -0.5
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.6667
[price_reduced_count_yy] => 0
[pending_listing_count] => 22
[pending_listing_count_mm] => -0.3714
[pending_listing_count_yy] => -0.2667
[median_listing_price_per_square_feet] => 158
[median_listing_price_per_square_feet_mm] => 0.071
[median_listing_price_per_square_feet_yy] => 0.026
[median_square_feet] => 1902
[median_square_feet_mm] => -0.0125
[median_square_feet_yy] => -0.0631
[average_listing_price] => 359428
[average_listing_price_mm] => 0.0067
[average_listing_price_yy] => 0.0827
[total_listing_count] => 52
[total_listing_count_mm] => -0.2877
[total_listing_count_yy] => 0.7333
[pending_ratio_mm] => -0.1877
[pending_ratio_yy] => -0.1
[RegionID] => 81250
[RegionName] => 53151
[State] => WI
[Metro] => Milwaukee-Waukesha-West Allis
[County] => Waukesha County
[City] => New Berlin
[SizeRank] => 238
[Zhvi] => 282700
[MoM] => 0.00106232
[QoQ] => 0.00390625
[YoY] => 0.0366703
[5Year] => 0.0504774
[10Year] => 0.0243731
[PeakMonth] => 2019-04
[PeakQuarter] => 2019-Q2
[PeakZHVI] => 282900
[PctFallFromPeak] => -0.000706964
[LastTimeAtCurrZHVI] => 2019-04
[flips] => 2945
[purchase_price] => 104981
[resale_price] => 181570
[gross_margin] => 76589
[flipcount_rank] => 26
[flipmargin_rank] => 21
[counties] => 72
[zip_population] => 31987
[zip_rank] => 35
[state_population] => 5813568
[state_rank] => 20
[state_difference] => 0.371491
[list_prices] => "233950,234450,231450,229950,235000,229900,229000,232350,224900,226000,223900,219900,219575,224900,224900,225000,225400,224400,224900,221900,219900,216900,217450,219250,222400,229000,239555,235750,210223,219500,219500,212400,209000,203950,199900,199900,199900,199999.5,209000,209650,218750,217500,227000,239899,234899,234899,222400,229800,219900,224500,217399.5,229900,244900,249850,249900,244900,239900,239900,235900,235450,239900,249900,239900,237400,242400,229950,249900,249900,248500,248621,233700,237500,234900,237450,234900,234950,254900,259900,274900,279900,275000,272200,254750,249900,249900,250000,254500,268900,278900,279900,274900,269200,264900,268900,262073,259700,259900,264900,274900,270900,274900,284000,285000,284900,284950,279900,279900,279900,279450,279000,289450,289000,285000,289450,294950,299950,289900,289900,287000,285000"
[list_prices_exploded] => Array
(
[0] => 233950
[1] => 234450
[2] => 231450
[3] => 229950
[4] => 235000
[5] => 229900
[6] => 229000
[7] => 232350
[8] => 224900
[9] => 226000
[10] => 223900
[11] => 219900
[12] => 219575
[13] => 224900
[14] => 224900
[15] => 225000
[16] => 225400
[17] => 224400
[18] => 224900
[19] => 221900
[20] => 219900
[21] => 216900
[22] => 217450
[23] => 219250
[24] => 222400
[25] => 229000
[26] => 239555
[27] => 235750
[28] => 210223
[29] => 219500
[30] => 219500
[31] => 212400
[32] => 209000
[33] => 203950
[34] => 199900
[35] => 199900
[36] => 199900
[37] => 199999.5
[38] => 209000
[39] => 209650
[40] => 218750
[41] => 217500
[42] => 227000
[43] => 239899
[44] => 234899
[45] => 234899
[46] => 222400
[47] => 229800
[48] => 219900
[49] => 224500
[50] => 217399.5
[51] => 229900
[52] => 244900
[53] => 249850
[54] => 249900
[55] => 244900
[56] => 239900
[57] => 239900
[58] => 235900
[59] => 235450
[60] => 239900
[61] => 249900
[62] => 239900
[63] => 237400
[64] => 242400
[65] => 229950
[66] => 249900
[67] => 249900
[68] => 248500
[69] => 248621
[70] => 233700
[71] => 237500
[72] => 234900
[73] => 237450
[74] => 234900
[75] => 234950
[76] => 254900
[77] => 259900
[78] => 274900
[79] => 279900
[80] => 275000
[81] => 272200
[82] => 254750
[83] => 249900
[84] => 249900
[85] => 250000
[86] => 254500
[87] => 268900
[88] => 278900
[89] => 279900
[90] => 274900
[91] => 269200
[92] => 264900
[93] => 268900
[94] => 262073
[95] => 259700
[96] => 259900
[97] => 264900
[98] => 274900
[99] => 270900
[100] => 274900
[101] => 284000
[102] => 285000
[103] => 284900
[104] => 284950
[105] => 279900
[106] => 279900
[107] => 279900
[108] => 279450
[109] => 279000
[110] => 289450
[111] => 289000
[112] => 285000
[113] => 289450
[114] => 294950
[115] => 299950
[116] => 289900
[117] => 289900
[118] => 287000
[119] => 285000
)
)
Array
(
[county_name] => Waukesha
[state] => Wisconsin
[state_fips] => 55
[county_fips] => 55133
[dma] => 617
[metro_name] => Milwaukee, WI
[cbsa_name] => Milwaukee-Waukesha-West Allis, WI
[county_region_id_zillow] => 2596
[metro_region_id_zillow] => 394862
[fips] => 55133
[cbsa_code] => 33340
[population_prior] => 401070
[population] => 403072
[rank] => 3
[difference] => 0.499164734
[region_id] => 2596
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,605,552,470,465,486,520,519,500,509,466,508,555,593,560,460,461,482,485,508,502,500,493,482,560,565,593,525,539,545,571,543,549,472,475,424,602,618,638,535,547,537,523,505,501,497,498,528,621,623,598,539,542,549,535,518,507,506,509,519,590,593,599,538,546,557,556,552,557,552,529,496,608,620,652,532,552,550,569,572,571,601,"
[county] => Waukesha
[flips] => 268
[purchase_price] => 180000
[resale_price] => 258750
[gross_margin] => 78750
[flipcount_rank] => 3
[flipmargin_rank] => 14
[sale_counts_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] =>
[17] =>
[18] =>
[19] =>
[20] =>
[21] =>
[22] =>
[23] =>
[24] =>
[25] =>
[26] =>
[27] =>
[28] =>
[29] =>
[30] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] =>
[52] =>
[53] =>
[54] =>
[55] =>
[56] =>
[57] =>
[58] =>
[59] =>
[60] => 605
[61] => 552
[62] => 470
[63] => 465
[64] => 486
[65] => 520
[66] => 519
[67] => 500
[68] => 509
[69] => 466
[70] => 508
[71] => 555
[72] => 593
[73] => 560
[74] => 460
[75] => 461
[76] => 482
[77] => 485
[78] => 508
[79] => 502
[80] => 500
[81] => 493
[82] => 482
[83] => 560
[84] => 565
[85] => 593
[86] => 525
[87] => 539
[88] => 545
[89] => 571
[90] => 543
[91] => 549
[92] => 472
[93] => 475
[94] => 424
[95] => 602
[96] => 618
[97] => 638
[98] => 535
[99] => 547
[100] => 537
[101] => 523
[102] => 505
[103] => 501
[104] => 497
[105] => 498
[106] => 528
[107] => 621
[108] => 623
[109] => 598
[110] => 539
[111] => 542
[112] => 549
[113] => 535
[114] => 518
[115] => 507
[116] => 506
[117] => 509
[118] => 519
[119] => 590
[120] => 593
[121] => 599
[122] => 538
[123] => 546
[124] => 557
[125] => 556
[126] => 552
[127] => 557
[128] => 552
[129] => 529
[130] => 496
[131] => 608
[132] => 620
[133] => 652
[134] => 532
[135] => 552
[136] => 550
[137] => 569
[138] => 572
[139] => 571
[140] => 601
[141] =>
)
)