House Flipping Report
Neighborhood Data
Silt, CO 81652
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 Silt, CO . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Garfield 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
Garfield County
#20th in CO
#17th 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
$ 469,000
0.03% YoY Change
Latest Monthly Sales Count
107
List Price /sqft
$210
-0.03% from last quarter
Average Home Sqft
$2,562
0.18% 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 Garfield 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
Garfield County
59,770
1.11%
#13th in CO
81652
4,904
#14th 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] => 5567
[country] => USA
[zip] => 81652
[city] => Silt
[state] => Colorado
[state_abbr] => CO
[county] => Garfield
[dma] => 751
[latitude] => 39.4977
[longitude] => -107.693
[timezone] => -7
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 81652
[zip_name] => silt, co
[flag] =>
[median_listing_price] => 469050
[median_listing_price_mm] => -0.0126
[median_listing_price_yy] => 0.0907
[active_listing_count] => 30
[active_listing_count_mm] => 0.0345
[active_listing_count_yy] => -0.25
[median_days_on_market] => 87.5
[median_days_on_market_mm] => -0.1071
[median_days_on_market_yy] => 0.0174
[new_listing_count] => 4
[new_listing_count_mm] => -0.5
[new_listing_count_yy] => -0.5
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 0
[price_reduced_count_mm] =>
[price_reduced_count_yy] =>
[pending_listing_count] => 2
[pending_listing_count_mm] => 0
[pending_listing_count_yy] => -0.8667
[median_listing_price_per_square_feet] => 210
[median_listing_price_per_square_feet_mm] => -0.0313
[median_listing_price_per_square_feet_yy] => 0.2361
[median_square_feet] => 2562
[median_square_feet_mm] => -0.0504
[median_square_feet_yy] => 0.1752
[average_listing_price] => 776142
[average_listing_price_mm] => -0.0082
[average_listing_price_yy] => 0.3956
[total_listing_count] => 32
[total_listing_count_mm] => 0.0323
[total_listing_count_yy] => 0.0667
[pending_ratio_mm] => -0.0023
[pending_ratio_yy] => -0.3083
[RegionID] => 93844
[RegionName] => 81652
[State] => CO
[Metro] => Glenwood Springs
[County] => Garfield County
[City] => Silt
[SizeRank] => 111
[Zhvi] => 345900
[MoM] => 0.0014476
[QoQ] => 0.00493899
[YoY] => 0.0279346
[5Year] => 0.0652244
[10Year] => 0.0191621
[PeakMonth] => 2008-05
[PeakQuarter] => 2008-Q2
[PeakZHVI] => 353500
[PctFallFromPeak] => -0.0214993
[LastTimeAtCurrZHVI] => 2008-02
[flips] => 7285
[purchase_price] => 280208
[resale_price] => 353470
[gross_margin] => 73263
[flipcount_rank] => 14
[flipmargin_rank] => 22
[counties] => 64
[zip_population] => 4904
[zip_rank] => 214
[state_population] => 5695564
[state_rank] => 21
[state_difference] => 1.418507
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,320000,320000,328500,328500,320000,325000,314000,326950,317000,332000,337000,315000,319900,312050.5,299900,309000,319900,315000,324900,334950,369500,377000,375000,375000,350000,350000,367500,390000,392500,375000,380000,369784,360000,347000,397000,369000,390000,387000,392000,433000,427000,412000,420000,435000,469000,495000,487450,469000"
[list_prices_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] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] => 320000
[73] => 320000
[74] => 328500
[75] => 328500
[76] => 320000
[77] => 325000
[78] => 314000
[79] => 326950
[80] => 317000
[81] => 332000
[82] => 337000
[83] => 315000
[84] => 319900
[85] => 312050.5
[86] => 299900
[87] => 309000
[88] => 319900
[89] => 315000
[90] => 324900
[91] => 334950
[92] => 369500
[93] => 377000
[94] => 375000
[95] => 375000
[96] => 350000
[97] => 350000
[98] => 367500
[99] => 390000
[100] => 392500
[101] => 375000
[102] => 380000
[103] => 369784
[104] => 360000
[105] => 347000
[106] => 397000
[107] => 369000
[108] => 390000
[109] => 387000
[110] => 392000
[111] => 433000
[112] => 427000
[113] => 412000
[114] => 420000
[115] => 435000
[116] => 469000
[117] => 495000
[118] => 487450
[119] => 469000
)
)
Array
(
[county_name] => Garfield
[state] => Colorado
[state_fips] => 8
[county_fips] => 8045
[dma] => 751
[metro_name] => Glenwood Springs, CO
[cbsa_name] => Glenwood Springs, CO
[county_region_id_zillow] => 2300
[metro_region_id_zillow] => 753881
[fips] => 8045
[cbsa_code] => 24060
[population_prior] => 59113
[population] => 59770
[rank] => 13
[difference] => 1.11143065
[region_id] => 2300
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,93,97,100,99,95,95,95,100,107,109,105,101,106,106,102,97,103,107,104,96,83,85,89,103,107,105,97,96,102,107,107"
[county] => Garfield
[flips] => 32
[purchase_price] => 316650
[resale_price] => 392000
[gross_margin] => 75350
[flipcount_rank] => 20
[flipmargin_rank] => 17
[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] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] =>
[75] =>
[76] =>
[77] =>
[78] =>
[79] =>
[80] =>
[81] =>
[82] =>
[83] =>
[84] =>
[85] =>
[86] =>
[87] =>
[88] =>
[89] =>
[90] =>
[91] =>
[92] =>
[93] =>
[94] =>
[95] =>
[96] =>
[97] =>
[98] =>
[99] =>
[100] =>
[101] =>
[102] =>
[103] =>
[104] =>
[105] =>
[106] =>
[107] =>
[108] =>
[109] =>
[110] =>
[111] => 93
[112] => 97
[113] => 100
[114] => 99
[115] => 95
[116] => 95
[117] => 95
[118] => 100
[119] => 107
[120] => 109
[121] => 105
[122] => 101
[123] => 106
[124] => 106
[125] => 102
[126] => 97
[127] => 103
[128] => 107
[129] => 104
[130] => 96
[131] => 83
[132] => 85
[133] => 89
[134] => 103
[135] => 107
[136] => 105
[137] => 97
[138] => 96
[139] => 102
[140] => 107
[141] => 107
)
)