House Flipping Report
Neighborhood Data
Las Vegas, NV 89129
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 Las Vegas, NV . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Clark County , we've been able to rank it against its peer counties within Nevada. To provide an even fuller picture, we also ranked Nevada against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Nevada
#20th in US
#43rd in US
Clark County
#1st in NV
#10th in NV
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
$ 316,999
0.01% YoY Change
Latest Monthly Sales Count
4,515
List Price /sqft
$165
0% from last quarter
Reduced Listings /Month
48
-0.4% from last quarter
Average Home Sqft
$2,124
0.08% 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 Clark County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Nevada
3,034,392
2.09%
#32nd in US
Clark County
2,231,647
2.21%
#1st in NV
89129
51,252
#9th in NV
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] => 26521
[country] => USA
[zip] => 89129
[city] => Las Vegas
[state] => Nevada
[state_abbr] => NV
[county] => Clark
[dma] => 839
[latitude] => 36.2311
[longitude] => -115.291
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 89129
[zip_name] => las vegas, nv
[flag] =>
[median_listing_price] => 340049
[median_listing_price_mm] => -0.0145
[median_listing_price_yy] => 0.0658
[active_listing_count] => 209
[active_listing_count_mm] => -0.1469
[active_listing_count_yy] => -0.1068
[median_days_on_market] => 55
[median_days_on_market_mm] => 0.1957
[median_days_on_market_yy] => 0.0784
[new_listing_count] => 60
[new_listing_count_mm] => -0.25
[new_listing_count_yy] => -0.1176
[price_increased_count] => 4
[price_increased_count_mm] =>
[price_increased_count_yy] => 0
[price_reduced_count] => 48
[price_reduced_count_mm] => -0.4
[price_reduced_count_yy] => -0.3333
[pending_listing_count] => 0
[pending_listing_count_mm] =>
[pending_listing_count_yy] => -1
[median_listing_price_per_square_feet] => 165
[median_listing_price_per_square_feet_mm] => 1.00E-04
[median_listing_price_per_square_feet_yy] => 0.0041
[median_square_feet] => 2124
[median_square_feet_mm] => -0.0023
[median_square_feet_yy] => 0.0815
[average_listing_price] => 405039
[average_listing_price_mm] => -0.0303
[average_listing_price_yy] => 0.0655
[total_listing_count] => 209
[total_listing_count_mm] => -0.1469
[total_listing_count_yy] => 0
[pending_ratio_mm] => 0
[pending_ratio_yy] => -0.0812
[RegionID] => 95825
[RegionName] => 89129
[State] => NV
[Metro] => Las Vegas-Henderson-Paradise
[County] => Clark County
[City] => Las Vegas
[SizeRank] => 752
[Zhvi] => 294300
[MoM] => -0.00237288
[QoQ] => -0.0107563
[YoY] => 0.00787671
[5Year] => 0.0842508
[10Year] => 0.0649873
[PeakMonth] => 2006-06
[PeakQuarter] => 2006-Q2
[PeakZHVI] => 341700
[PctFallFromPeak] => -0.138718
[LastTimeAtCurrZHVI] => 2004-10
[flips] => 5221
[purchase_price] => 228711
[resale_price] => 274188
[gross_margin] => 45477
[flipcount_rank] => 20
[flipmargin_rank] => 43
[counties] => 17
[zip_population] => 51252
[zip_rank] => 9
[state_population] => 3034392
[state_rank] => 32
[state_difference] => 2.085415
[list_prices] => "149900,150000,155000,156000,149900,145000,144900,144900,140000,136000,135000,129900,130000,127611,129000,125000,127900,128951.5,126900,125000,126500,124900,124900,122000,119999,122950,125200,129000,135000,139990,134990,134995,135000,136950,139999,144995,149900,150000,157500,162900,169450,174900,174900,185000,185000,187475,188975,189000,191500,194995,198936.5,209000,2.00E+05,199500,199900,210000,210000,209900,199900,209900,199999,215000,220000,220250,225000,229949.5,238500,230000,235450,227250,229999.5,230000,235000,234000,235000,240000,244949.5,245000,249000,249000,249900,253700,250000,254999.5,255000,259900,264894,265000,269450,269900,274950,270000,272000,265000,265000,272500,279900,280000,3.00E+05,3.00E+05,309500,307000,310000,316000,315000,319900,319900,314994.5,310000,310000,317500,315500,319900,319900,319900,315000,319900,320000,320000,316999"
[list_prices_exploded] => Array
(
[0] => 149900
[1] => 150000
[2] => 155000
[3] => 156000
[4] => 149900
[5] => 145000
[6] => 144900
[7] => 144900
[8] => 140000
[9] => 136000
[10] => 135000
[11] => 129900
[12] => 130000
[13] => 127611
[14] => 129000
[15] => 125000
[16] => 127900
[17] => 128951.5
[18] => 126900
[19] => 125000
[20] => 126500
[21] => 124900
[22] => 124900
[23] => 122000
[24] => 119999
[25] => 122950
[26] => 125200
[27] => 129000
[28] => 135000
[29] => 139990
[30] => 134990
[31] => 134995
[32] => 135000
[33] => 136950
[34] => 139999
[35] => 144995
[36] => 149900
[37] => 150000
[38] => 157500
[39] => 162900
[40] => 169450
[41] => 174900
[42] => 174900
[43] => 185000
[44] => 185000
[45] => 187475
[46] => 188975
[47] => 189000
[48] => 191500
[49] => 194995
[50] => 198936.5
[51] => 209000
[52] => 2.00E+05
[53] => 199500
[54] => 199900
[55] => 210000
[56] => 210000
[57] => 209900
[58] => 199900
[59] => 209900
[60] => 199999
[61] => 215000
[62] => 220000
[63] => 220250
[64] => 225000
[65] => 229949.5
[66] => 238500
[67] => 230000
[68] => 235450
[69] => 227250
[70] => 229999.5
[71] => 230000
[72] => 235000
[73] => 234000
[74] => 235000
[75] => 240000
[76] => 244949.5
[77] => 245000
[78] => 249000
[79] => 249000
[80] => 249900
[81] => 253700
[82] => 250000
[83] => 254999.5
[84] => 255000
[85] => 259900
[86] => 264894
[87] => 265000
[88] => 269450
[89] => 269900
[90] => 274950
[91] => 270000
[92] => 272000
[93] => 265000
[94] => 265000
[95] => 272500
[96] => 279900
[97] => 280000
[98] => 3.00E+05
[99] => 3.00E+05
[100] => 309500
[101] => 307000
[102] => 310000
[103] => 316000
[104] => 315000
[105] => 319900
[106] => 319900
[107] => 314994.5
[108] => 310000
[109] => 310000
[110] => 317500
[111] => 315500
[112] => 319900
[113] => 319900
[114] => 319900
[115] => 315000
[116] => 319900
[117] => 320000
[118] => 320000
[119] => 316999
)
)
Array
(
[county_name] => Clark
[state] => Nevada
[state_fips] => 32
[county_fips] => 32003
[dma] => 839
[metro_name] => Las Vegas, NV
[cbsa_name] => Las Vegas-Henderson-Paradise, NV
[county_region_id_zillow] => 445
[metro_region_id_zillow] => 394775
[fips] => 32003
[cbsa_code] => 29820
[population_prior] => 2183310
[population] => 2231647
[rank] => 1
[difference] => 2.213932057
[region_id] => 445
[sale_counts] => "2236,2268,2376,2469,2644,2745,3079,3300,3411,3364,3434,3593,3751,3779,3784,3877,3983,3992,4078,4188,4549,4708,4709,4362,4069,3766,3575,3423,3326,3391,3458,3524,3883,4070,4319,4279,4292,4115,3904,3748,3755,4030,4163,4313,4523,4655,4884,4874,4833,4500,4073,4081,3937,3951,3661,3871,4111,4273,4347,4322,4231,4172,3964,3792,3668,3588,3729,3718,3764,3699,3735,3625,3602,3525,3529,3602,3504,3530,3541,3587,3581,3539,3513,3586,3599,3690,3570,3696,3783,3863,3724,3591,3589,3755,3863,3953,3905,3945,4199,5227,6114,6887,7008,7019,7293,6802,5983,4746,4258,4142,4277,4204,4245,4217,4251,4385,4484,4432,4519,4424,4534,4420,4382,4237,4404,4443,4324,4168,4142,4056,3876,3662,3778,3889,4064,4002,4032,4016,4181,4324,4494,4515"
[county] => Clark
[flips] => 4387
[purchase_price] => 233841
[resale_price] => 269900
[gross_margin] => 36059
[flipcount_rank] => 1
[flipmargin_rank] => 10
[sale_counts_exploded] => Array
(
[0] => 2236
[1] => 2268
[2] => 2376
[3] => 2469
[4] => 2644
[5] => 2745
[6] => 3079
[7] => 3300
[8] => 3411
[9] => 3364
[10] => 3434
[11] => 3593
[12] => 3751
[13] => 3779
[14] => 3784
[15] => 3877
[16] => 3983
[17] => 3992
[18] => 4078
[19] => 4188
[20] => 4549
[21] => 4708
[22] => 4709
[23] => 4362
[24] => 4069
[25] => 3766
[26] => 3575
[27] => 3423
[28] => 3326
[29] => 3391
[30] => 3458
[31] => 3524
[32] => 3883
[33] => 4070
[34] => 4319
[35] => 4279
[36] => 4292
[37] => 4115
[38] => 3904
[39] => 3748
[40] => 3755
[41] => 4030
[42] => 4163
[43] => 4313
[44] => 4523
[45] => 4655
[46] => 4884
[47] => 4874
[48] => 4833
[49] => 4500
[50] => 4073
[51] => 4081
[52] => 3937
[53] => 3951
[54] => 3661
[55] => 3871
[56] => 4111
[57] => 4273
[58] => 4347
[59] => 4322
[60] => 4231
[61] => 4172
[62] => 3964
[63] => 3792
[64] => 3668
[65] => 3588
[66] => 3729
[67] => 3718
[68] => 3764
[69] => 3699
[70] => 3735
[71] => 3625
[72] => 3602
[73] => 3525
[74] => 3529
[75] => 3602
[76] => 3504
[77] => 3530
[78] => 3541
[79] => 3587
[80] => 3581
[81] => 3539
[82] => 3513
[83] => 3586
[84] => 3599
[85] => 3690
[86] => 3570
[87] => 3696
[88] => 3783
[89] => 3863
[90] => 3724
[91] => 3591
[92] => 3589
[93] => 3755
[94] => 3863
[95] => 3953
[96] => 3905
[97] => 3945
[98] => 4199
[99] => 5227
[100] => 6114
[101] => 6887
[102] => 7008
[103] => 7019
[104] => 7293
[105] => 6802
[106] => 5983
[107] => 4746
[108] => 4258
[109] => 4142
[110] => 4277
[111] => 4204
[112] => 4245
[113] => 4217
[114] => 4251
[115] => 4385
[116] => 4484
[117] => 4432
[118] => 4519
[119] => 4424
[120] => 4534
[121] => 4420
[122] => 4382
[123] => 4237
[124] => 4404
[125] => 4443
[126] => 4324
[127] => 4168
[128] => 4142
[129] => 4056
[130] => 3876
[131] => 3662
[132] => 3778
[133] => 3889
[134] => 4064
[135] => 4002
[136] => 4032
[137] => 4016
[138] => 4181
[139] => 4324
[140] => 4494
[141] => 4515
)
)