Phoenix, AZ 85045

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 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.

85045 Historical Monthly Listing Prices

Latest Median Sale Price

$ 409,950

0.04% YoY Change
Maricopa Historical Monthly Home Sales

Latest Monthly Sales Count

9,630

List Price /sqft

$174

0% from last quarter

Avg. Days on Market

55

0.09% from last year

Average Home Sqft

$2,257

-0.11% 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 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
85045 7,238 #6th in AZ
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.

Array
(
    [zip_id] => 2065
    [country] => USA
    [zip] => 85045
    [city] => Phoenix
    [state] => Arizona
    [state_abbr] => AZ
    [county] => Maricopa
    [dma] => 753
    [latitude] => 33.3033
    [longitude] => -112.109
    [timezone] => -7
    [timezone_dst] => 0
    [dttm] => 2019-09-30
    [postal_code] => 85045
    [zip_name] => phoenix, az
    [flag] => 
    [median_listing_price] => 401000
    [median_listing_price_mm] => -0.01
    [median_listing_price_yy] => -0.1733
    [active_listing_count] => 27
    [active_listing_count_mm] => 0
    [active_listing_count_yy] => -0.413
    [median_days_on_market] => 54.5
    [median_days_on_market_mm] => 0.2386
    [median_days_on_market_yy] => 0.09
    [new_listing_count] => 4
    [new_listing_count_mm] => -0.6667
    [new_listing_count_yy] => -0.6667
    [price_increased_count] => 0
    [price_increased_count_mm] => 
    [price_increased_count_yy] => 
    [price_reduced_count] => 0
    [price_reduced_count_mm] => -1
    [price_reduced_count_yy] => -1
    [pending_listing_count] => 14
    [pending_listing_count_mm] => -0.3636
    [pending_listing_count_yy] => 0.0769
    [median_listing_price_per_square_feet] => 174
    [median_listing_price_per_square_feet_mm] => 0.0049
    [median_listing_price_per_square_feet_yy] => -0.0517
    [median_square_feet] => 2257
    [median_square_feet_mm] => -0.0116
    [median_square_feet_yy] => -0.1144
    [average_listing_price] => 461758
    [average_listing_price_mm] => 0.0502
    [average_listing_price_yy] => -0.0663
    [total_listing_count] => 41
    [total_listing_count_mm] => -0.1633
    [total_listing_count_yy] => 0.5185
    [pending_ratio_mm] => -0.2963
    [pending_ratio_yy] => 0.2359
    [RegionID] => 94761
    [RegionName] => 85045
    [State] => AZ
    [Metro] => Phoenix-Mesa-Scottsdale
    [County] => Maricopa County
    [City] => Phoenix
    [SizeRank] => 101
    [Zhvi] => 399700
    [MoM] => 0.000751127
    [QoQ] => 0.00654747
    [YoY] => 0.0381818
    [5Year] => 0.0233694
    [10Year] => 0.026404
    [PeakMonth] => 2006-05
    [PeakQuarter] => 2006-Q2
    [PeakZHVI] => 525100
    [PctFallFromPeak] => -0.238812
    [LastTimeAtCurrZHVI] => 2005-05
    [flips] => 14935
    [purchase_price] => 213357
    [resale_price] => 251941
    [gross_margin] => 38583
    [flipcount_rank] => 5
    [flipmargin_rank] => 46
    [counties] => 15
    [zip_population] => 7238
    [zip_rank] => 206
    [state_population] => 7171646
    [state_rank] => 14
    [state_difference] => 1.741696
    [list_prices] => "315000,317500,360000,354750,342000,304900,297900,299900,299850,297450,298000,285000,277450,295000,295000,286950,292900,275000,267000,267000,275000,269000,279900,298900,309900,319900,345000,324950,344600,293250,295000,325000,344500,351250,312400,319900,338300,329000,325000,349999.5,369900,397200,4.00E+05,369900,364000,356700,355000,350000,369000,359900,349900,381800,381800,389950,352450,348990,315990,331390,329900,325450,336950,352990,351990,350000,357445,360945,379900,379900,375000,349900,374900,372350,374837.5,374950,375000,374950,374900,375000,370900,375000,373900,382000,399000,413900,379900,404500,404900,377400,377450,379500,380000,372500,369950,372500,373945,404950,389900,390971,397400,399999,427450,404950,383900,394900,384500,396450,423900,443000,441450,389900,393000,402445,419000,419950,414000,409900,432499.5,434949.5,427450,409950"
    [list_prices_exploded] => Array
        (
            [0] => 315000
            [1] => 317500
            [2] => 360000
            [3] => 354750
            [4] => 342000
            [5] => 304900
            [6] => 297900
            [7] => 299900
            [8] => 299850
            [9] => 297450
            [10] => 298000
            [11] => 285000
            [12] => 277450
            [13] => 295000
            [14] => 295000
            [15] => 286950
            [16] => 292900
            [17] => 275000
            [18] => 267000
            [19] => 267000
            [20] => 275000
            [21] => 269000
            [22] => 279900
            [23] => 298900
            [24] => 309900
            [25] => 319900
            [26] => 345000
            [27] => 324950
            [28] => 344600
            [29] => 293250
            [30] => 295000
            [31] => 325000
            [32] => 344500
            [33] => 351250
            [34] => 312400
            [35] => 319900
            [36] => 338300
            [37] => 329000
            [38] => 325000
            [39] => 349999.5
            [40] => 369900
            [41] => 397200
            [42] => 4.00E+05
            [43] => 369900
            [44] => 364000
            [45] => 356700
            [46] => 355000
            [47] => 350000
            [48] => 369000
            [49] => 359900
            [50] => 349900
            [51] => 381800
            [52] => 381800
            [53] => 389950
            [54] => 352450
            [55] => 348990
            [56] => 315990
            [57] => 331390
            [58] => 329900
            [59] => 325450
            [60] => 336950
            [61] => 352990
            [62] => 351990
            [63] => 350000
            [64] => 357445
            [65] => 360945
            [66] => 379900
            [67] => 379900
            [68] => 375000
            [69] => 349900
            [70] => 374900
            [71] => 372350
            [72] => 374837.5
            [73] => 374950
            [74] => 375000
            [75] => 374950
            [76] => 374900
            [77] => 375000
            [78] => 370900
            [79] => 375000
            [80] => 373900
            [81] => 382000
            [82] => 399000
            [83] => 413900
            [84] => 379900
            [85] => 404500
            [86] => 404900
            [87] => 377400
            [88] => 377450
            [89] => 379500
            [90] => 380000
            [91] => 372500
            [92] => 369950
            [93] => 372500
            [94] => 373945
            [95] => 404950
            [96] => 389900
            [97] => 390971
            [98] => 397400
            [99] => 399999
            [100] => 427450
            [101] => 404950
            [102] => 383900
            [103] => 394900
            [104] => 384500
            [105] => 396450
            [106] => 423900
            [107] => 443000
            [108] => 441450
            [109] => 389900
            [110] => 393000
            [111] => 402445
            [112] => 419000
            [113] => 419950
            [114] => 414000
            [115] => 409900
            [116] => 432499.5
            [117] => 434949.5
            [118] => 427450
            [119] => 409950
        )

)
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
        )

)

Flip Market uses data engineering + AI to help businesses and individuals successfully flip homes.

© 2024 Flip Market  •  Our Methodology  •  Contact  •  Privacy Policy