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 Aspen, CO. If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Pitkin 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|
#14th in US
#22nd in US
#18th in CO
#30th 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.
No Data Available
Latest Monthly Sales Count
0.04% from last quarter
2% from last quarter
-0.06% from last year
0.04% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Pitkin County. This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.
|Colorado||5,695,564||1.42%||#21st in US|
|Pitkin County||17,950||-0.01%||#29th in CO|
|81611||9,921||#65th in CO|
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