House Flipping Report
Neighborhood Data
Phoenix, AZ 85016
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 Phoenix, AZ . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Maricopa County , we've been able to rank it against its peer counties within Arizona. To provide an even fuller picture, we also ranked Arizona against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Arizona
#5th in US
#46th in US
Maricopa County
#1st in AZ
#12th in AZ
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
$ 440,000
0.03% YoY Change
Latest Monthly Sales Count
9,630
List Price /sqft
$284
0.01% from last quarter
Reduced Listings /Month
48
-0.4% from last quarter
Average Home Sqft
$2,019
0.09% 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 Maricopa County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Arizona
7,171,646
1.74%
#14th in US
Maricopa County
4,410,824
1.88%
#1st in AZ
85016
33,896
#78th in AZ
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] => 2036
[country] => USA
[zip] => 85016
[city] => Phoenix
[state] => Arizona
[state_abbr] => AZ
[county] => Maricopa
[dma] => 753
[latitude] => 33.517
[longitude] => -112.022
[timezone] => -7
[timezone_dst] => 0
[dttm] => 2019-09-30
[postal_code] => 85016
[zip_name] => phoenix, az
[flag] => *
[median_listing_price] => 510050
[median_listing_price_mm] => 0.0099
[median_listing_price_yy] =>
[active_listing_count] => 166
[active_listing_count_mm] => -0.0726
[active_listing_count_yy] =>
[median_days_on_market] => 72
[median_days_on_market_mm] => 0.1429
[median_days_on_market_yy] =>
[new_listing_count] => 40
[new_listing_count_mm] => -0.0909
[new_listing_count_yy] => -0.3333
[price_increased_count] => 0
[price_increased_count_mm] => -1
[price_increased_count_yy] =>
[price_reduced_count] => 48
[price_reduced_count_mm] => -0.4
[price_reduced_count_yy] => -0.5862
[pending_listing_count] => 67
[pending_listing_count_mm] => -0.2118
[pending_listing_count_yy] => 0.1964
[median_listing_price_per_square_feet] => 284
[median_listing_price_per_square_feet_mm] => 0.0129
[median_listing_price_per_square_feet_yy] => 0.1377
[median_square_feet] => 2019
[median_square_feet_mm] => 0.0092
[median_square_feet_yy] => 0.094
[average_listing_price] => 844459
[average_listing_price_mm] => 0.0357
[average_listing_price_yy] => 0.2389
[total_listing_count] => 233
[total_listing_count_mm] => -0.1174
[total_listing_count_yy] => 0.4036
[pending_ratio_mm] => -0.0712
[pending_ratio_yy] => 0.1947
[RegionID] => 94732
[RegionName] => 85016
[State] => AZ
[Metro] => Phoenix-Mesa-Scottsdale
[County] => Maricopa County
[City] => Phoenix
[SizeRank] => 871
[Zhvi] => 326900
[MoM] => 0.00553676
[QoQ] => 0.0158484
[YoY] => 0.0312303
[5Year] => 0.0890407
[10Year] => 0.0668199
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 326900
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 14935
[purchase_price] => 213357
[resale_price] => 251941
[gross_margin] => 38583
[flipcount_rank] => 5
[flipmargin_rank] => 46
[counties] => 15
[zip_population] => 33896
[zip_rank] => 78
[state_population] => 7171646
[state_rank] => 14
[state_difference] => 1.741696
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,249900,268500,269949.5,239950,247300,260950,249700,259900,260900,269300,269000,277950,275000,269000,279900,296000,282450,275000,274900,287450,286000,297000,299000,292450,298000,295000,299900,297000,289900,318500,299949.5,285000,319000,325000,316750,339850,348950,345900,349900,349900,344500,345000,349900,349949.5,339900,356750,369000,369900,375000,365000,367499.5,388000,380900,377450,399000,364900,359998.5,377561,399000,385900,399000,4.00E+05,404385,399000,395750,397758.5,399000,385438,393200,395000,399000,394000,399000,399000,399000,399000,394800,389900,390000,386000,399000,410000,424500,425000,440000"
[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] => 249900
[36] => 268500
[37] => 269949.5
[38] => 239950
[39] => 247300
[40] => 260950
[41] => 249700
[42] => 259900
[43] => 260900
[44] => 269300
[45] => 269000
[46] => 277950
[47] => 275000
[48] => 269000
[49] => 279900
[50] => 296000
[51] => 282450
[52] => 275000
[53] => 274900
[54] => 287450
[55] => 286000
[56] => 297000
[57] => 299000
[58] => 292450
[59] => 298000
[60] => 295000
[61] => 299900
[62] => 297000
[63] => 289900
[64] => 318500
[65] => 299949.5
[66] => 285000
[67] => 319000
[68] => 325000
[69] => 316750
[70] => 339850
[71] => 348950
[72] => 345900
[73] => 349900
[74] => 349900
[75] => 344500
[76] => 345000
[77] => 349900
[78] => 349949.5
[79] => 339900
[80] => 356750
[81] => 369000
[82] => 369900
[83] => 375000
[84] => 365000
[85] => 367499.5
[86] => 388000
[87] => 380900
[88] => 377450
[89] => 399000
[90] => 364900
[91] => 359998.5
[92] => 377561
[93] => 399000
[94] => 385900
[95] => 399000
[96] => 4.00E+05
[97] => 404385
[98] => 399000
[99] => 395750
[100] => 397758.5
[101] => 399000
[102] => 385438
[103] => 393200
[104] => 395000
[105] => 399000
[106] => 394000
[107] => 399000
[108] => 399000
[109] => 399000
[110] => 399000
[111] => 394800
[112] => 389900
[113] => 390000
[114] => 386000
[115] => 399000
[116] => 410000
[117] => 424500
[118] => 425000
[119] => 440000
)
)
Array
(
[county_name] => Maricopa
[state] => Arizona
[state_fips] => 4
[county_fips] => 4013
[dma] => 753
[metro_name] => Phoenix, AZ
[cbsa_name] => Phoenix-Mesa-Scottsdale, AZ
[county_region_id_zillow] => 2402
[metro_region_id_zillow] => 394976
[fips] => 4013
[cbsa_code] => 38060
[population_prior] => 4329580
[population] => 4410824
[rank] => 1
[difference] => 1.876486865
[region_id] => 2402
[sale_counts] => "4283,4256,4418,4666,4927,4984,5335,5477,5379,5376,5469,5916,6178,6517,6896,7413,7798,7700,7538,7453,7799,7962,7744,7402,7286,7422,7514,7448,6990,6672,6469,6647,7028,7564,8109,8280,8330,8321,8424,8424,8223,8265,8103,8083,8163,8289,9330,10138,10639,10156,9710,9606,9660,9894,9795,10041,10318,10718,10982,10852,10734,10532,10521,10365,10308,9991,9969,9713,9635,9372,9369,9437,9386,9263,9022,9073,8908,9096,9201,9376,9030,9138,9160,9366,9231,9281,9310,9599,9809,9794,9626,9378,9225,9266,9287,9462,9458,9495,9527,9516,9494,9636,9654,9746,9932,9968,10202,10042,10198,9842,10005,10025,10030,9858,9701,9948,10193,10214,10389,10335,10450,10324,10257,10164,10177,10128,9860,9729,9687,9564,9409,9176,9410,9662,10101,10102,10076,9890,10012,10003,9962,9630"
[county] => Maricopa
[flips] => 11363
[purchase_price] => 228452
[resale_price] => 265471
[gross_margin] => 37019
[flipcount_rank] => 1
[flipmargin_rank] => 12
[sale_counts_exploded] => Array
(
[0] => 4283
[1] => 4256
[2] => 4418
[3] => 4666
[4] => 4927
[5] => 4984
[6] => 5335
[7] => 5477
[8] => 5379
[9] => 5376
[10] => 5469
[11] => 5916
[12] => 6178
[13] => 6517
[14] => 6896
[15] => 7413
[16] => 7798
[17] => 7700
[18] => 7538
[19] => 7453
[20] => 7799
[21] => 7962
[22] => 7744
[23] => 7402
[24] => 7286
[25] => 7422
[26] => 7514
[27] => 7448
[28] => 6990
[29] => 6672
[30] => 6469
[31] => 6647
[32] => 7028
[33] => 7564
[34] => 8109
[35] => 8280
[36] => 8330
[37] => 8321
[38] => 8424
[39] => 8424
[40] => 8223
[41] => 8265
[42] => 8103
[43] => 8083
[44] => 8163
[45] => 8289
[46] => 9330
[47] => 10138
[48] => 10639
[49] => 10156
[50] => 9710
[51] => 9606
[52] => 9660
[53] => 9894
[54] => 9795
[55] => 10041
[56] => 10318
[57] => 10718
[58] => 10982
[59] => 10852
[60] => 10734
[61] => 10532
[62] => 10521
[63] => 10365
[64] => 10308
[65] => 9991
[66] => 9969
[67] => 9713
[68] => 9635
[69] => 9372
[70] => 9369
[71] => 9437
[72] => 9386
[73] => 9263
[74] => 9022
[75] => 9073
[76] => 8908
[77] => 9096
[78] => 9201
[79] => 9376
[80] => 9030
[81] => 9138
[82] => 9160
[83] => 9366
[84] => 9231
[85] => 9281
[86] => 9310
[87] => 9599
[88] => 9809
[89] => 9794
[90] => 9626
[91] => 9378
[92] => 9225
[93] => 9266
[94] => 9287
[95] => 9462
[96] => 9458
[97] => 9495
[98] => 9527
[99] => 9516
[100] => 9494
[101] => 9636
[102] => 9654
[103] => 9746
[104] => 9932
[105] => 9968
[106] => 10202
[107] => 10042
[108] => 10198
[109] => 9842
[110] => 10005
[111] => 10025
[112] => 10030
[113] => 9858
[114] => 9701
[115] => 9948
[116] => 10193
[117] => 10214
[118] => 10389
[119] => 10335
[120] => 10450
[121] => 10324
[122] => 10257
[123] => 10164
[124] => 10177
[125] => 10128
[126] => 9860
[127] => 9729
[128] => 9687
[129] => 9564
[130] => 9409
[131] => 9176
[132] => 9410
[133] => 9662
[134] => 10101
[135] => 10102
[136] => 10076
[137] => 9890
[138] => 10012
[139] => 10003
[140] => 9962
[141] => 9630
)
)