House Flipping Report
Neighborhood Data
Olathe, CO 81425
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 Olathe, CO . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Montrose 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
Montrose County
#36th in CO
#3rd 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 Monthly Sales Count
76
List Price /sqft
$174
-0.08% from last quarter
Average Home Sqft
$2,103
0.13% 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 Montrose 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
Montrose County
42,214
1.03% #17th in CO
81425
5,424
#5th 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] => 5742
[country] => USA
[zip] => 81425
[city] => Olathe
[state] => Colorado
[state_abbr] => CO
[county] => Montrose
[dma] => 773
[latitude] => 38.4932
[longitude] => -108.246
[timezone] => -7
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 81425
[zip_name] => olathe, co
[flag] => *
[median_listing_price] => 420049
[median_listing_price_mm] => -0.0453
[median_listing_price_yy] => 0.0909
[active_listing_count] => 12
[active_listing_count_mm] => -0.3684
[active_listing_count_yy] =>
[median_days_on_market] => 122
[median_days_on_market_mm] => 0.22
[median_days_on_market_yy] => 0.22
[new_listing_count] => 4
[new_listing_count_mm] => 0
[new_listing_count_yy] => 0
[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] =>
[pending_listing_count] => 8
[pending_listing_count_mm] => 0.6
[pending_listing_count_yy] => 1.6667
[median_listing_price_per_square_feet] => 174
[median_listing_price_per_square_feet_mm] => -0.0817
[median_listing_price_per_square_feet_yy] => -0.0513
[median_square_feet] => 2103
[median_square_feet_mm] => 0.0091
[median_square_feet_yy] => 0.1331
[average_listing_price] => 400122
[average_listing_price_mm] => -0.0211
[average_listing_price_yy] => -0.0605
[total_listing_count] => 20
[total_listing_count_mm] => -0.1667
[total_listing_count_yy] => 0.6667
[pending_ratio_mm] => 0.4035
[pending_ratio_yy] => 0.4667
[RegionID] => 93788
[RegionName] => 81425
[State] => CO
[Metro] => Montrose
[County] => Montrose County
[City] => Olathe
[SizeRank] => 116
[Zhvi] => 251900
[MoM] => -0.00118953
[QoQ] => -0.00316581
[YoY] => 0.0985608
[5Year] => 0.0912261
[10Year] => 0.0351605
[PeakMonth] => 2019-06
[PeakQuarter] => 2019-Q2
[PeakZHVI] => 252700
[PctFallFromPeak] => -0.00316581
[LastTimeAtCurrZHVI] => 2019-05
[flips] => 7285
[purchase_price] => 280208
[resale_price] => 353470
[gross_margin] => 73263
[flipcount_rank] => 14
[flipmargin_rank] => 22
[counties] => 64
[zip_population] => 5424
[zip_rank] => 205
[state_population] => 5695564
[state_rank] => 21
[state_difference] => 1.418507
[list_prices] =>
[list_prices_exploded] => Array
(
[0] =>
)
)
Array
(
[county_name] => Montrose
[state] => Colorado
[state_fips] => 8
[county_fips] => 8085
[dma] => 773
[metro_name] => Montrose, CO
[cbsa_name] => Montrose, CO
[county_region_id_zillow] => 2445
[metro_region_id_zillow] => 394876
[fips] => 8085
[cbsa_code] => 33940
[population_prior] => 41785
[population] => 42214
[rank] => 17
[difference] => 1.026684217
[region_id] => 2445
[sale_counts] => "46,49,49,46,44,44,41,37,29,28,29,33,35,34,34,32,35,34,41,35,42,36,45,38,40,37,39,38,38,41,41,35,27,26,29,34,45,49,51,46,40,43,43,50,53,58,60,64,63,60,54,51,51,56,52,54,49,59,60,67,66,64,59,56,56,56,54,52,57,57,60,52,55,53,56,54,58,55,57,62,61,62,52,59,61,67,63,63,67,67,71,64,65,63,67,73,70,75,71,73,69,69,70,72,76,77,83,78,71,67,68,74,70,70,70,73,78,75,81,76,77,73,70,73,73,75,68,67,61,62,61,65,65,63,57,61,68,74,68,66,66,76"
[county] => Montrose
[flips] => 3
[purchase_price] => 95000
[resale_price] => 325000
[gross_margin] => 230000
[flipcount_rank] => 36
[flipmargin_rank] => 3
[sale_counts_exploded] => Array
(
[0] => 46
[1] => 49
[2] => 49
[3] => 46
[4] => 44
[5] => 44
[6] => 41
[7] => 37
[8] => 29
[9] => 28
[10] => 29
[11] => 33
[12] => 35
[13] => 34
[14] => 34
[15] => 32
[16] => 35
[17] => 34
[18] => 41
[19] => 35
[20] => 42
[21] => 36
[22] => 45
[23] => 38
[24] => 40
[25] => 37
[26] => 39
[27] => 38
[28] => 38
[29] => 41
[30] => 41
[31] => 35
[32] => 27
[33] => 26
[34] => 29
[35] => 34
[36] => 45
[37] => 49
[38] => 51
[39] => 46
[40] => 40
[41] => 43
[42] => 43
[43] => 50
[44] => 53
[45] => 58
[46] => 60
[47] => 64
[48] => 63
[49] => 60
[50] => 54
[51] => 51
[52] => 51
[53] => 56
[54] => 52
[55] => 54
[56] => 49
[57] => 59
[58] => 60
[59] => 67
[60] => 66
[61] => 64
[62] => 59
[63] => 56
[64] => 56
[65] => 56
[66] => 54
[67] => 52
[68] => 57
[69] => 57
[70] => 60
[71] => 52
[72] => 55
[73] => 53
[74] => 56
[75] => 54
[76] => 58
[77] => 55
[78] => 57
[79] => 62
[80] => 61
[81] => 62
[82] => 52
[83] => 59
[84] => 61
[85] => 67
[86] => 63
[87] => 63
[88] => 67
[89] => 67
[90] => 71
[91] => 64
[92] => 65
[93] => 63
[94] => 67
[95] => 73
[96] => 70
[97] => 75
[98] => 71
[99] => 73
[100] => 69
[101] => 69
[102] => 70
[103] => 72
[104] => 76
[105] => 77
[106] => 83
[107] => 78
[108] => 71
[109] => 67
[110] => 68
[111] => 74
[112] => 70
[113] => 70
[114] => 70
[115] => 73
[116] => 78
[117] => 75
[118] => 81
[119] => 76
[120] => 77
[121] => 73
[122] => 70
[123] => 73
[124] => 73
[125] => 75
[126] => 68
[127] => 67
[128] => 61
[129] => 62
[130] => 61
[131] => 65
[132] => 65
[133] => 63
[134] => 57
[135] => 61
[136] => 68
[137] => 74
[138] => 68
[139] => 66
[140] => 66
[141] => 76
)
)
Zillow Homes for Sale
Realtor.com Homes for Sale
RedFin Homes for Sale
RealtyTrac Foreclosure Homes
Trulia Homes for Sale