Park City, UT 84060

Flip Market Report

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 Park City, UT. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Summit County, we've been able to rank it against its peer counties within Utah. To provide an even fuller picture, we also ranked Utah against all other US states.

Region Rank in # of Flips Rank in Flip Profit
Utah #31st in US
#29th in US
Summit County #11th in UT
#1st in UT

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.

84060 Historical Monthly Listing Prices

Latest Median Sale Price

$ 2,195,000

0.15% YoY Change
Summit Historical Monthly Home Sales

Latest Monthly Sales Count

159

List Price /sqft

$801

0.04% from last quarter

Reduced Listings /Month

20

-0.29% from last quarter

Avg. Days on Market

156

even from last year

Average Home Sqft

$2,551

0.06% from last year

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Summit County. This is a good sign that flipping a house here will be successful.

Region Population Change YoY Rank
Utah 3,161,105 1.87% #30th in US
Summit County 41,933 1.41% #10th in UT
84060 7,596 #90th in UT
Home Searches

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.

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