House Flipping Report
Neighborhood Data
Richmond, CA 94804
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
$ 479,900
0.02% YoY Change
Latest Monthly Sales Count
2,371
List Price /sqft
$472
-0.01% from last quarter
Average Home Sqft
$1,152
0.05% 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
94804
38,559
#69th 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] => 2621
[country] => USA
[zip] => 94804
[city] => Richmond
[state] => California
[state_abbr] => CA
[county] => Contra Costa
[dma] => 807
[latitude] => 37.9244
[longitude] => -122.345
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 94804
[zip_name] => richmond, ca
[flag] =>
[median_listing_price] => 490050
[median_listing_price_mm] => 0.0448
[median_listing_price_yy] => -0.0161
[active_listing_count] => 33
[active_listing_count_mm] => -0.34
[active_listing_count_yy] => -0.2667
[median_days_on_market] => 49.5
[median_days_on_market_mm] => 0.3026
[median_days_on_market_yy] => 0.0761
[new_listing_count] => 12
[new_listing_count_mm] => -0.5
[new_listing_count_yy] => -0.25
[price_increased_count] => 0
[price_increased_count_mm] => -1
[price_increased_count_yy] => -1
[price_reduced_count] => 0
[price_reduced_count_mm] => -1
[price_reduced_count_yy] => -1
[pending_listing_count] => 45
[pending_listing_count_mm] => -0.2241
[pending_listing_count_yy] => 0.6667
[median_listing_price_per_square_feet] => 472
[median_listing_price_per_square_feet_mm] => -0.0118
[median_listing_price_per_square_feet_yy] => 0.0442
[median_square_feet] => 1152
[median_square_feet_mm] => 0.144
[median_square_feet_yy] => 0.054
[average_listing_price] => 541193
[average_listing_price_mm] => 0.0584
[average_listing_price_yy] => 0.0778
[total_listing_count] => 78
[total_listing_count_mm] => -0.2778
[total_listing_count_yy] => 1.3636
[pending_ratio_mm] => 0.2036
[pending_ratio_yy] => 0.7636
[RegionID] => 97850
[RegionName] => 94804
[State] => CA
[Metro] => San Francisco-Oakland-Hayward
[County] => Contra Costa County
[City] => Richmond
[SizeRank] => 193
[Zhvi] => 504400
[MoM] => -0.00335902
[QoQ] => -0.00591249
[YoY] => 0.0165256
[5Year] => 0.109583
[10Year] => 0.103727
[PeakMonth] => 2019-07
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 507800
[PctFallFromPeak] => -0.00669555
[LastTimeAtCurrZHVI] => 2019-02
[flips] => 22923
[purchase_price] => 386496
[resale_price] => 496482
[gross_margin] => 109987
[flipcount_rank] => 2
[flipmargin_rank] => 11
[counties] => 58
[zip_population] => 38559
[zip_rank] => 369
[state_population] => 39557045
[state_rank] => 1
[state_difference] => 0.400250
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,299900,299900,325000,317000,293000,304900,296500,288000,318000,320000,329000,335000,357750,350000,347888,349000,366450,379983,379000,369900,352450,365500,379000,369994,389500,395000,397000,399888,395000,399000,399000,379475,382475,385000,389999,399000,420000,425000,424950,425000,429500,418000,425000,429000,429000,449000,460000,460000,479000,479000,481000,494950,495000,499000,495000,482000,478000,485000,490000,495000,499000,499000,499000,498888,495000,479900,478000,479900"
[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] => 299900
[53] => 299900
[54] => 325000
[55] => 317000
[56] => 293000
[57] => 304900
[58] => 296500
[59] => 288000
[60] => 318000
[61] => 320000
[62] => 329000
[63] => 335000
[64] => 357750
[65] => 350000
[66] => 347888
[67] => 349000
[68] => 366450
[69] => 379983
[70] => 379000
[71] => 369900
[72] => 352450
[73] => 365500
[74] => 379000
[75] => 369994
[76] => 389500
[77] => 395000
[78] => 397000
[79] => 399888
[80] => 395000
[81] => 399000
[82] => 399000
[83] => 379475
[84] => 382475
[85] => 385000
[86] => 389999
[87] => 399000
[88] => 420000
[89] => 425000
[90] => 424950
[91] => 425000
[92] => 429500
[93] => 418000
[94] => 425000
[95] => 429000
[96] => 429000
[97] => 449000
[98] => 460000
[99] => 460000
[100] => 479000
[101] => 479000
[102] => 481000
[103] => 494950
[104] => 495000
[105] => 499000
[106] => 495000
[107] => 482000
[108] => 478000
[109] => 485000
[110] => 490000
[111] => 495000
[112] => 499000
[113] => 499000
[114] => 499000
[115] => 498888
[116] => 495000
[117] => 479900
[118] => 478000
[119] => 479900
)
)
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
)
)