House Flipping Report
Neighborhood Data
Crested Butte, CO 81224
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 Crested Butte, CO . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Gunnison County , we've been able to rank it against its peer counties within Colorado. To provide an even fuller picture, we also ranked Colorado against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Colorado
#14th in US
#22nd in US
Gunnison County
#43rd in CO
#1st in CO
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
$ 1,295,000
even YoY Change
Latest Monthly Sales Count
List Price /sqft
$480
-0.01% from last quarter
Average Home Sqft
$2,401
-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 Gunnison County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Colorado
5,695,564
1.42%
#21st in US
Gunnison County
17,246
1.86%
#30th in CO
81224
3,446
#43rd in CO
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] => 5580
[country] => USA
[zip] => 81224
[city] => Crested Butte
[state] => Colorado
[state_abbr] => CO
[county] => Gunnison
[dma] => 773
[latitude] => 38.8981
[longitude] => -106.917
[timezone] => -7
[timezone_dst] => 1
[dttm] =>
[postal_code] => 81224
[zip_name] => crested butte, co
[flag] =>
[median_listing_price] => 1335050
[median_listing_price_mm] => 0.0075
[median_listing_price_yy] => -0.0111
[active_listing_count] => 112
[active_listing_count_mm] => -0.0088
[active_listing_count_yy] => 0.0874
[median_days_on_market] => 168.5
[median_days_on_market_mm] => 0.221
[median_days_on_market_yy] => 0.7737
[new_listing_count] => 12
[new_listing_count_mm] => 0.5
[new_listing_count_yy] => 2
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 0
[price_reduced_count_mm] => -1
[price_reduced_count_yy] => -1
[pending_listing_count] => 13
[pending_listing_count_mm] => -0.4583
[pending_listing_count_yy] => 0.4444
[median_listing_price_per_square_feet] => 480
[median_listing_price_per_square_feet_mm] => -0.0069
[median_listing_price_per_square_feet_yy] => 0.0099
[median_square_feet] => 2401
[median_square_feet_mm] => -4.00E-0
[median_square_feet_yy] => -0.0544
[average_listing_price] => 1690006
[average_listing_price_mm] => -0.0127
[average_listing_price_yy] => -0.1372
[total_listing_count] => 125
[total_listing_count_mm] => -0.0876
[total_listing_count_yy] => 0.1161
[pending_ratio_mm] => -0.0963
[pending_ratio_yy] => 0.0287
[RegionID] =>
[RegionName] =>
[State] =>
[Metro] =>
[County] =>
[City] =>
[SizeRank] =>
[Zhvi] =>
[MoM] =>
[QoQ] =>
[YoY] =>
[5Year] =>
[10Year] =>
[PeakMonth] =>
[PeakQuarter] =>
[PeakZHVI] =>
[PctFallFromPeak] =>
[LastTimeAtCurrZHVI] =>
[flips] => 7285
[purchase_price] => 280208
[resale_price] => 353470
[gross_margin] => 73263
[flipcount_rank] => 14
[flipmargin_rank] => 22
[counties] => 64
[zip_population] => 3446
[zip_rank] => 243
[state_population] => 5695564
[state_rank] => 21
[state_difference] => 1.418507
[list_prices] => "575000,558900,499000,519000,542000,545000,545000,554450,559000,595000,599000,599000,595000,609000,604450,609000,599450,632500,612000,595000,650000,649000,599000,624000,629000,599250,598500,599000,599500,619000,649000,694000,749900,725000,737000,695000,675000,649000,689000,619000,692000,725000,665000,675000,749500,765000,732499.5,767000,749000,795000,795000,809000,889000,949000,899000,922000,877000,849000,950000,865000,895000,895000,899000,892000,975000,932500,997500,975000,995000,995000,1047000,1095000,1093500,995000,954500,982500,939500,965000,949000,949000,977500,962000,1069000,1100000,1250000,1295000,1264000,1197500,1080000,1150000,1195000,1134750,1149500,1199000,1195000,1199000,1199000,1199000,1149000,1125000,1095000,1149000,1092500,1145000,1195000,1195000,1325000,1325000,1320000,1295000,1155000,1155000,1155000,1295000,1297500,1349000,1297500,1350000,1295000,1295000"
[list_prices_exploded] => Array
(
[0] => 575000
[1] => 558900
[2] => 499000
[3] => 519000
[4] => 542000
[5] => 545000
[6] => 545000
[7] => 554450
[8] => 559000
[9] => 595000
[10] => 599000
[11] => 599000
[12] => 595000
[13] => 609000
[14] => 604450
[15] => 609000
[16] => 599450
[17] => 632500
[18] => 612000
[19] => 595000
[20] => 650000
[21] => 649000
[22] => 599000
[23] => 624000
[24] => 629000
[25] => 599250
[26] => 598500
[27] => 599000
[28] => 599500
[29] => 619000
[30] => 649000
[31] => 694000
[32] => 749900
[33] => 725000
[34] => 737000
[35] => 695000
[36] => 675000
[37] => 649000
[38] => 689000
[39] => 619000
[40] => 692000
[41] => 725000
[42] => 665000
[43] => 675000
[44] => 749500
[45] => 765000
[46] => 732499.5
[47] => 767000
[48] => 749000
[49] => 795000
[50] => 795000
[51] => 809000
[52] => 889000
[53] => 949000
[54] => 899000
[55] => 922000
[56] => 877000
[57] => 849000
[58] => 950000
[59] => 865000
[60] => 895000
[61] => 895000
[62] => 899000
[63] => 892000
[64] => 975000
[65] => 932500
[66] => 997500
[67] => 975000
[68] => 995000
[69] => 995000
[70] => 1047000
[71] => 1095000
[72] => 1093500
[73] => 995000
[74] => 954500
[75] => 982500
[76] => 939500
[77] => 965000
[78] => 949000
[79] => 949000
[80] => 977500
[81] => 962000
[82] => 1069000
[83] => 1100000
[84] => 1250000
[85] => 1295000
[86] => 1264000
[87] => 1197500
[88] => 1080000
[89] => 1150000
[90] => 1195000
[91] => 1134750
[92] => 1149500
[93] => 1199000
[94] => 1195000
[95] => 1199000
[96] => 1199000
[97] => 1199000
[98] => 1149000
[99] => 1125000
[100] => 1095000
[101] => 1149000
[102] => 1092500
[103] => 1145000
[104] => 1195000
[105] => 1195000
[106] => 1325000
[107] => 1325000
[108] => 1320000
[109] => 1295000
[110] => 1155000
[111] => 1155000
[112] => 1155000
[113] => 1295000
[114] => 1297500
[115] => 1349000
[116] => 1297500
[117] => 1350000
[118] => 1295000
[119] => 1295000
)
)
Array
(
[county_name] => Gunnison
[state] => Colorado
[state_fips] => 8
[county_fips] => 8051
[dma] => 751
[metro_name] =>
[cbsa_name] =>
[county_region_id_zillow] => 2313
[metro_region_id_zillow] =>
[fips] => 8051
[cbsa_code] =>
[population_prior] => 16931
[population] => 17246
[rank] => 30
[difference] => 1.860492588
[region_id] => 2313
[sale_counts] => "38,24,21,14,14,14,14,14,14,13,17,21,22,16,13,11,13,15,19,18,17,20,28,32,31,23,19,17,14,14,15,19,20,20,33,37,40,29,26,25,23,21,23,27,30,33,55,54,52,35,38,42,37,36,31,35,31,34,47,59,66,56,50,40,40,42,46,44,44,41,48,52,54,47,43,44,42,43,50,56,60,58,67,66,65,53,56,59,60,51,54,52,57,56,76,84,80,59,52,55,62,67,64,62,59,67,99,104,104,73,72,72,72,74,71,72,72,66,80,89,100,90,82,79,77,81,78,78,71,70,81,90,95,74,63,51,51,49,53,54,52,"
[county] => Gunnison
[flips] => 1
[purchase_price] => 50000
[resale_price] => 298500
[gross_margin] => 248500
[flipcount_rank] => 43
[flipmargin_rank] => 1
[sale_counts_exploded] => Array
(
[0] => 38
[1] => 24
[2] => 21
[3] => 14
[4] => 14
[5] => 14
[6] => 14
[7] => 14
[8] => 14
[9] => 13
[10] => 17
[11] => 21
[12] => 22
[13] => 16
[14] => 13
[15] => 11
[16] => 13
[17] => 15
[18] => 19
[19] => 18
[20] => 17
[21] => 20
[22] => 28
[23] => 32
[24] => 31
[25] => 23
[26] => 19
[27] => 17
[28] => 14
[29] => 14
[30] => 15
[31] => 19
[32] => 20
[33] => 20
[34] => 33
[35] => 37
[36] => 40
[37] => 29
[38] => 26
[39] => 25
[40] => 23
[41] => 21
[42] => 23
[43] => 27
[44] => 30
[45] => 33
[46] => 55
[47] => 54
[48] => 52
[49] => 35
[50] => 38
[51] => 42
[52] => 37
[53] => 36
[54] => 31
[55] => 35
[56] => 31
[57] => 34
[58] => 47
[59] => 59
[60] => 66
[61] => 56
[62] => 50
[63] => 40
[64] => 40
[65] => 42
[66] => 46
[67] => 44
[68] => 44
[69] => 41
[70] => 48
[71] => 52
[72] => 54
[73] => 47
[74] => 43
[75] => 44
[76] => 42
[77] => 43
[78] => 50
[79] => 56
[80] => 60
[81] => 58
[82] => 67
[83] => 66
[84] => 65
[85] => 53
[86] => 56
[87] => 59
[88] => 60
[89] => 51
[90] => 54
[91] => 52
[92] => 57
[93] => 56
[94] => 76
[95] => 84
[96] => 80
[97] => 59
[98] => 52
[99] => 55
[100] => 62
[101] => 67
[102] => 64
[103] => 62
[104] => 59
[105] => 67
[106] => 99
[107] => 104
[108] => 104
[109] => 73
[110] => 72
[111] => 72
[112] => 72
[113] => 74
[114] => 71
[115] => 72
[116] => 72
[117] => 66
[118] => 80
[119] => 89
[120] => 100
[121] => 90
[122] => 82
[123] => 79
[124] => 77
[125] => 81
[126] => 78
[127] => 78
[128] => 71
[129] => 70
[130] => 81
[131] => 90
[132] => 95
[133] => 74
[134] => 63
[135] => 51
[136] => 51
[137] => 49
[138] => 53
[139] => 54
[140] => 52
[141] =>
)
)