House Flipping Report
Neighborhood Data
Cannon Beach, OR 97110
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 Cannon Beach, OR . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Clatsop County , we've been able to rank it against its peer counties within Oregon. To provide an even fuller picture, we also ranked Oregon against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Oregon
#25th in US
#19th in US
Clatsop County
#16th in OR
#15th in OR
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
$ 599,4750.09% YoY Change
Latest Monthly Sales Count
91
List Price /sqft
$346
-0.04% from last quarter
Avg. Days on Market
157
-0.01% from last year
Average Home Sqft
$2,091
0.12% 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 Clatsop County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Oregon 4,190,713
1.06% #27th in US
Clatsop County
39,764
1.65% #19th in OR
97110
1,284
#56th in OR
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.
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