House Flipping Report
Neighborhood Data
Salt Lake City, UT 84129
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 Salt Lake City, UT . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in SALT LAKE 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
SALT LAKE County
#1st in UT
#4th 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.
Latest Median Sale Price
$ 306,078
0.14% YoY Change
Latest Monthly Sales Count
List Price /sqft
$160
0.03% from last quarter
Reduced Listings /Month
16
-0.33% from last quarter
Average Home Sqft
$1,942
-0.11% 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 SALT LAKE 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
SALT LAKE County
1,152,633
1.3%
#1st in UT
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] => 43708
[country] => USA
[zip] => 84129
[city] => Salt Lake City
[state] => Utah
[state_abbr] => UT
[county] => SALT LAKE
[dma] => 770
[latitude] => 40.6402
[longitude] => -112.037
[timezone] => -7
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 84129
[zip_name] => salt lake city, ut
[flag] =>
[median_listing_price] => 312050
[median_listing_price_mm] => -0.0219
[median_listing_price_yy] => 0.0576
[active_listing_count] => 27
[active_listing_count_mm] => -0.3077
[active_listing_count_yy] => -0.2286
[median_days_on_market] => 35
[median_days_on_market_mm] => 0.0938
[median_days_on_market_yy] => -0.0541
[new_listing_count] => 16
[new_listing_count_mm] => -0.5
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 16
[price_reduced_count_mm] => -0.3333
[price_reduced_count_yy] => 1
[pending_listing_count] => 47
[pending_listing_count_mm] => -0.2034
[pending_listing_count_yy] => 0.119
[median_listing_price_per_square_feet] => 160
[median_listing_price_per_square_feet_mm] => 0.0291
[median_listing_price_per_square_feet_yy] => 0.1146
[median_square_feet] => 1942
[median_square_feet_mm] => -0.0483
[median_square_feet_yy] => -0.1118
[average_listing_price] => 320459
[average_listing_price_mm] => -0.0445
[average_listing_price_yy] => -0.0277
[total_listing_count] => 74
[total_listing_count_mm] => -0.2449
[total_listing_count_yy] => 1.7407
[pending_ratio_mm] => 0.2279
[pending_ratio_yy] => 0.5407
[RegionID] => 422745
[RegionName] => 84129
[State] => UT
[Metro] => Salt Lake City
[County] => Salt Lake County
[City] => Taylorsville
[SizeRank] => 327
[Zhvi] => 343400
[MoM] => 0.0352728
[QoQ] => 0.0618429
[YoY] => 0.144285
[5Year] => 0.118346
[10Year] => 0.0562874
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 343400
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 2011
[purchase_price] => 244641
[resale_price] => 309624
[gross_margin] => 64983
[flipcount_rank] => 31
[flipmargin_rank] => 29
[counties] => 29
[zip_population] =>
[zip_rank] =>
[state_population] => 3161105
[state_rank] => 30
[state_difference] => 1.868668
[list_prices] => "185000,186500,180000,180000,179975,179900,179250,170000,169900,167450,160000,159000,153999,155000,159000,159000,159000,158500,157450,154950,152999,150000,149900,149949.5,149999.5,152000,149900,145900,155000,159900,160000,157000,159900,169878,174900,174900,169900,174900,172900,184900,184900,185000,189900,188900,187250,185000,184950,184900,179900,185950,194975,194937.5,199900,2.00E+05,199900,197000,198250,195000,199500,197450,195000,199900,199200,209900,214499.5,217400,225000,226450,227300,227300,220000,219900,215000,229900,236700,239900,237400,234900,238250,234900,234500,230000,234900,238000,244900,249900,256000,264950,248500,249900,249800,250000,264900,269900,269900,269900,264900,269900,270000,279450,285900,285000,299900,297945,289950,292995,290000,295495,291250,295490,295495,319990,309900,310000,309900,311623,314450,309405.5,314900,306078"
[list_prices_exploded] => Array
(
[0] => 185000
[1] => 186500
[2] => 180000
[3] => 180000
[4] => 179975
[5] => 179900
[6] => 179250
[7] => 170000
[8] => 169900
[9] => 167450
[10] => 160000
[11] => 159000
[12] => 153999
[13] => 155000
[14] => 159000
[15] => 159000
[16] => 159000
[17] => 158500
[18] => 157450
[19] => 154950
[20] => 152999
[21] => 150000
[22] => 149900
[23] => 149949.5
[24] => 149999.5
[25] => 152000
[26] => 149900
[27] => 145900
[28] => 155000
[29] => 159900
[30] => 160000
[31] => 157000
[32] => 159900
[33] => 169878
[34] => 174900
[35] => 174900
[36] => 169900
[37] => 174900
[38] => 172900
[39] => 184900
[40] => 184900
[41] => 185000
[42] => 189900
[43] => 188900
[44] => 187250
[45] => 185000
[46] => 184950
[47] => 184900
[48] => 179900
[49] => 185950
[50] => 194975
[51] => 194937.5
[52] => 199900
[53] => 2.00E+05
[54] => 199900
[55] => 197000
[56] => 198250
[57] => 195000
[58] => 199500
[59] => 197450
[60] => 195000
[61] => 199900
[62] => 199200
[63] => 209900
[64] => 214499.5
[65] => 217400
[66] => 225000
[67] => 226450
[68] => 227300
[69] => 227300
[70] => 220000
[71] => 219900
[72] => 215000
[73] => 229900
[74] => 236700
[75] => 239900
[76] => 237400
[77] => 234900
[78] => 238250
[79] => 234900
[80] => 234500
[81] => 230000
[82] => 234900
[83] => 238000
[84] => 244900
[85] => 249900
[86] => 256000
[87] => 264950
[88] => 248500
[89] => 249900
[90] => 249800
[91] => 250000
[92] => 264900
[93] => 269900
[94] => 269900
[95] => 269900
[96] => 264900
[97] => 269900
[98] => 270000
[99] => 279450
[100] => 285900
[101] => 285000
[102] => 299900
[103] => 297945
[104] => 289950
[105] => 292995
[106] => 290000
[107] => 295495
[108] => 291250
[109] => 295490
[110] => 295495
[111] => 319990
[112] => 309900
[113] => 310000
[114] => 309900
[115] => 311623
[116] => 314450
[117] => 309405.5
[118] => 314900
[119] => 306078
)
)
Array
(
[county_name] => Salt Lake
[state] => Utah
[state_fips] => 49
[county_fips] => 49035
[dma] => 770
[metro_name] => Salt Lake City, UT
[cbsa_name] => Salt Lake City, UT
[county_region_id_zillow] => 2840
[metro_region_id_zillow] => 395053
[fips] => 49035
[cbsa_code] => 41620
[population_prior] => 1137820
[population] => 1152633
[rank] => 1
[difference] => 1.301875516
[region_id] => 2840
[sale_counts] => "1513,1406,1268,1239,1192,1161,1195,1169,1078,989,965,1048,1038,1020,993,1064,1129,1127,1107,1134,1280,1296,1237,1142,1164,1260,1270,1190,1021,886,835,853,912,992,1096,1123,1134,1079,1060,1026,1032,1049,1099,1122,1152,1141,1232,1365,1390,1362,1256,1196,1099,1119,1170,1255,1341,1400,1515,1475,1456,1424,1460,1484,1486,1463,1449,1391,1347,1341,1405,1428,1407,1325,1324,1343,1384,1347,1384,1421,1430,1468,1481,1556,1634,1664,1667,1648,1687,1693,1699,1600,1562,1560,1660,1761,1741,1731,1725,1780,1764,1795,1825,1842,1855,1814,1853,1862,1879,1807,1759,1758,1737,1748,1702,1792,1840,1844,1915,1940,1980,1860,1766,1771,1769,1801,1744,1765,1791,1775,1798,1725,1688,1667,1708,1726,1730,1710,1770,1804,1825,"
[county] => Salt Lake
[flips] => 708
[purchase_price] => 261150
[resale_price] => 344785
[gross_margin] => 83635
[flipcount_rank] => 1
[flipmargin_rank] => 4
[sale_counts_exploded] => Array
(
[0] => 1513
[1] => 1406
[2] => 1268
[3] => 1239
[4] => 1192
[5] => 1161
[6] => 1195
[7] => 1169
[8] => 1078
[9] => 989
[10] => 965
[11] => 1048
[12] => 1038
[13] => 1020
[14] => 993
[15] => 1064
[16] => 1129
[17] => 1127
[18] => 1107
[19] => 1134
[20] => 1280
[21] => 1296
[22] => 1237
[23] => 1142
[24] => 1164
[25] => 1260
[26] => 1270
[27] => 1190
[28] => 1021
[29] => 886
[30] => 835
[31] => 853
[32] => 912
[33] => 992
[34] => 1096
[35] => 1123
[36] => 1134
[37] => 1079
[38] => 1060
[39] => 1026
[40] => 1032
[41] => 1049
[42] => 1099
[43] => 1122
[44] => 1152
[45] => 1141
[46] => 1232
[47] => 1365
[48] => 1390
[49] => 1362
[50] => 1256
[51] => 1196
[52] => 1099
[53] => 1119
[54] => 1170
[55] => 1255
[56] => 1341
[57] => 1400
[58] => 1515
[59] => 1475
[60] => 1456
[61] => 1424
[62] => 1460
[63] => 1484
[64] => 1486
[65] => 1463
[66] => 1449
[67] => 1391
[68] => 1347
[69] => 1341
[70] => 1405
[71] => 1428
[72] => 1407
[73] => 1325
[74] => 1324
[75] => 1343
[76] => 1384
[77] => 1347
[78] => 1384
[79] => 1421
[80] => 1430
[81] => 1468
[82] => 1481
[83] => 1556
[84] => 1634
[85] => 1664
[86] => 1667
[87] => 1648
[88] => 1687
[89] => 1693
[90] => 1699
[91] => 1600
[92] => 1562
[93] => 1560
[94] => 1660
[95] => 1761
[96] => 1741
[97] => 1731
[98] => 1725
[99] => 1780
[100] => 1764
[101] => 1795
[102] => 1825
[103] => 1842
[104] => 1855
[105] => 1814
[106] => 1853
[107] => 1862
[108] => 1879
[109] => 1807
[110] => 1759
[111] => 1758
[112] => 1737
[113] => 1748
[114] => 1702
[115] => 1792
[116] => 1840
[117] => 1844
[118] => 1915
[119] => 1940
[120] => 1980
[121] => 1860
[122] => 1766
[123] => 1771
[124] => 1769
[125] => 1801
[126] => 1744
[127] => 1765
[128] => 1791
[129] => 1775
[130] => 1798
[131] => 1725
[132] => 1688
[133] => 1667
[134] => 1708
[135] => 1726
[136] => 1730
[137] => 1710
[138] => 1770
[139] => 1804
[140] => 1825
[141] =>
)
)