House Flipping Report
Neighborhood Data
Richmond, CA 94801
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 Richmond, CA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Contra Costa County , we've been able to rank it against its peer counties within California. To provide an even fuller picture, we also ranked California against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
California
#2nd in US
#11th in US
Contra Costa County
#9th in CA
#9th in CA
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
$ 540,000
even YoY Change
Latest Monthly Sales Count
2,371
List Price /sqft
$433
0% from last quarter
Average Home Sqft
$1,356
-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 Contra Costa County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
California
39,557,045
0.4%
#1st in US
Contra Costa County
1,150,215
0.47%
#9th in CA
94801
29,395
#79th in CA
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] => 2618
[country] => USA
[zip] => 94801
[city] => Richmond
[state] => California
[state_abbr] => CA
[county] => Contra Costa
[dma] => 807
[latitude] => 37.9585
[longitude] => -122.381
[timezone] => -8
[timezone_dst] => 1
[dttm] =>
[postal_code] => 94801
[zip_name] => richmond, ca
[flag] => *
[median_listing_price] => 520045
[median_listing_price_mm] => -0.037
[median_listing_price_yy] => -0.0459
[active_listing_count] => 36
[active_listing_count_mm] => -0.3793
[active_listing_count_yy] =>
[median_days_on_market] => 75.5
[median_days_on_market_mm] => 0.3017
[median_days_on_market_yy] => 0.1615
[new_listing_count] => 8
[new_listing_count_mm] => -0.3333
[new_listing_count_yy] => 0
[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] => 37
[pending_listing_count_mm] => 0.1212
[pending_listing_count_yy] => 0.3704
[median_listing_price_per_square_feet] => 433
[median_listing_price_per_square_feet_mm] => 0.003
[median_listing_price_per_square_feet_yy] => 0.0678
[median_square_feet] => 1356
[median_square_feet_mm] => 0.0041
[median_square_feet_yy] => -0.0816
[average_listing_price] => 723671
[average_listing_price_mm] => -0.0107
[average_listing_price_yy] => -0.0347
[total_listing_count] => 73
[total_listing_count_mm] => -0.1978
[total_listing_count_yy] => 1.0278
[pending_ratio_mm] => 0.4588
[pending_ratio_yy] => 0.5992
[RegionID] =>
[RegionName] =>
[State] =>
[Metro] =>
[County] =>
[City] =>
[SizeRank] =>
[Zhvi] =>
[MoM] =>
[QoQ] =>
[YoY] =>
[5Year] =>
[10Year] =>
[PeakMonth] =>
[PeakQuarter] =>
[PeakZHVI] =>
[PctFallFromPeak] =>
[LastTimeAtCurrZHVI] =>
[flips] => 22923
[purchase_price] => 386496
[resale_price] => 496482
[gross_margin] => 109987
[flipcount_rank] => 2
[flipmargin_rank] => 11
[counties] => 58
[zip_population] => 29395
[zip_rank] => 579
[state_population] => 39557045
[state_rank] => 1
[state_difference] => 0.400250
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,530000,509999,489450,469000,469000,469000,512000,555888,552943.5,518999,499000,499999,519000,489450,540000,540000"
[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] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] =>
[52] =>
[53] =>
[54] =>
[55] =>
[56] =>
[57] =>
[58] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] =>
[75] =>
[76] =>
[77] =>
[78] =>
[79] =>
[80] =>
[81] =>
[82] =>
[83] =>
[84] =>
[85] =>
[86] =>
[87] =>
[88] =>
[89] =>
[90] =>
[91] =>
[92] =>
[93] =>
[94] =>
[95] =>
[96] =>
[97] =>
[98] =>
[99] =>
[100] =>
[101] =>
[102] =>
[103] =>
[104] => 530000
[105] => 509999
[106] => 489450
[107] => 469000
[108] => 469000
[109] => 469000
[110] => 512000
[111] => 555888
[112] => 552943.5
[113] => 518999
[114] => 499000
[115] => 499999
[116] => 519000
[117] => 489450
[118] => 540000
[119] => 540000
)
)
Array
(
[county_name] => Contra Costa
[state] => California
[state_fips] => 6
[county_fips] => 6013
[dma] => 807
[metro_name] => San Francisco, CA
[cbsa_name] => San Francisco-Oakland-Hayward, CA
[county_region_id_zillow] => 3159
[metro_region_id_zillow] => 395057
[fips] => 6013
[cbsa_code] => 41860
[population_prior] => 1144863
[population] => 1150215
[rank] => 9
[difference] => 0.467479515
[region_id] => 3159
[sale_counts] => "1716,1817,1817,1913,2071,2249,2538,2740,2754,2850,3027,3378,3305,3031,2706,2563,2548,2472,2505,2507,2586,2650,2737,2842,2761,2654,2512,2444,2286,2119,2087,2094,2193,2319,2558,2792,2796,2600,2387,2311,2264,2281,2289,2311,2292,2434,2695,3030,3017,2851,2583,2441,2377,2333,2300,2311,2350,2460,2671,2887,2877,2698,2451,2314,2283,2289,2327,2302,2244,2246,2316,2466,2439,2432,2376,2386,2402,2375,2429,2453,2384,2431,2461,2640,2650,2645,2597,2670,2735,2711,2729,2649,2531,2526,2586,2794,2703,2619,2511,2551,2513,2573,2599,2618,2660,2603,2763,2732,2776,2561,2529,2556,2626,2638,2574,2608,2614,2577,2599,2592,2623,2552,2545,2508,2503,2445,2342,2265,2204,2124,2076,2132,2234,2309,2411,2403,2417,2297,2321,2378,2339,2371"
[county] => Contra Costa
[flips] => 710
[purchase_price] => 414473
[resale_price] => 549427
[gross_margin] => 134954
[flipcount_rank] => 9
[flipmargin_rank] => 9
[sale_counts_exploded] => Array
(
[0] => 1716
[1] => 1817
[2] => 1817
[3] => 1913
[4] => 2071
[5] => 2249
[6] => 2538
[7] => 2740
[8] => 2754
[9] => 2850
[10] => 3027
[11] => 3378
[12] => 3305
[13] => 3031
[14] => 2706
[15] => 2563
[16] => 2548
[17] => 2472
[18] => 2505
[19] => 2507
[20] => 2586
[21] => 2650
[22] => 2737
[23] => 2842
[24] => 2761
[25] => 2654
[26] => 2512
[27] => 2444
[28] => 2286
[29] => 2119
[30] => 2087
[31] => 2094
[32] => 2193
[33] => 2319
[34] => 2558
[35] => 2792
[36] => 2796
[37] => 2600
[38] => 2387
[39] => 2311
[40] => 2264
[41] => 2281
[42] => 2289
[43] => 2311
[44] => 2292
[45] => 2434
[46] => 2695
[47] => 3030
[48] => 3017
[49] => 2851
[50] => 2583
[51] => 2441
[52] => 2377
[53] => 2333
[54] => 2300
[55] => 2311
[56] => 2350
[57] => 2460
[58] => 2671
[59] => 2887
[60] => 2877
[61] => 2698
[62] => 2451
[63] => 2314
[64] => 2283
[65] => 2289
[66] => 2327
[67] => 2302
[68] => 2244
[69] => 2246
[70] => 2316
[71] => 2466
[72] => 2439
[73] => 2432
[74] => 2376
[75] => 2386
[76] => 2402
[77] => 2375
[78] => 2429
[79] => 2453
[80] => 2384
[81] => 2431
[82] => 2461
[83] => 2640
[84] => 2650
[85] => 2645
[86] => 2597
[87] => 2670
[88] => 2735
[89] => 2711
[90] => 2729
[91] => 2649
[92] => 2531
[93] => 2526
[94] => 2586
[95] => 2794
[96] => 2703
[97] => 2619
[98] => 2511
[99] => 2551
[100] => 2513
[101] => 2573
[102] => 2599
[103] => 2618
[104] => 2660
[105] => 2603
[106] => 2763
[107] => 2732
[108] => 2776
[109] => 2561
[110] => 2529
[111] => 2556
[112] => 2626
[113] => 2638
[114] => 2574
[115] => 2608
[116] => 2614
[117] => 2577
[118] => 2599
[119] => 2592
[120] => 2623
[121] => 2552
[122] => 2545
[123] => 2508
[124] => 2503
[125] => 2445
[126] => 2342
[127] => 2265
[128] => 2204
[129] => 2124
[130] => 2076
[131] => 2132
[132] => 2234
[133] => 2309
[134] => 2411
[135] => 2403
[136] => 2417
[137] => 2297
[138] => 2321
[139] => 2378
[140] => 2339
[141] => 2371
)
)