House Flipping Report
Neighborhood Data
Lynnwood, WA 98037
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 Lynnwood, WA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Snohomish County , we've been able to rank it against its peer counties within Washington. To provide an even fuller picture, we also ranked Washington against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Washington
#21st in US
#8th in US
Snohomish County
#4th in WA
#9th in WA
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
$ 567,613
0.02% YoY Change
Latest Monthly Sales Count
1,092
List Price /sqft
$296
0.04% from last quarter
Reduced Listings /Month
4
-0.75% from last quarter
Average Home Sqft
$1,895
0.02% 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 Snohomish County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Washington
7,535,591
1.48%
#13th in US
Snohomish County
814,901
1.48%
#3rd in WA
98037
26,889
#95th in WA
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] => 41235
[country] => USA
[zip] => 98037
[city] => Lynnwood
[state] => Washington
[state_abbr] => WA
[county] => Snohomish
[dma] => 819
[latitude] => 47.839
[longitude] => -122.289
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 98037
[zip_name] => lynnwood, wa
[flag] =>
[median_listing_price] => 569950
[median_listing_price_mm] => 0.0362
[median_listing_price_yy] => 0.1399
[active_listing_count] => 20
[active_listing_count_mm] => -0.2308
[active_listing_count_yy] => -0.2857
[median_days_on_market] => 52
[median_days_on_market_mm] => 0.2683
[median_days_on_market_yy] => 0.1818
[new_listing_count] => 12
[new_listing_count_mm] => 0.5
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.75
[price_reduced_count_yy] => -0.6667
[pending_listing_count] => 13
[pending_listing_count_mm] => -0.381
[pending_listing_count_yy] => 0.3
[median_listing_price_per_square_feet] => 296
[median_listing_price_per_square_feet_mm] => 0.0423
[median_listing_price_per_square_feet_yy] => 0.1233
[median_square_feet] => 1895
[median_square_feet_mm] => 0.0364
[median_square_feet_yy] => 0.0224
[average_listing_price] => 597242
[average_listing_price_mm] => 0.0701
[average_listing_price_yy] => 0.1604
[total_listing_count] => 33
[total_listing_count_mm] => -0.2979
[total_listing_count_yy] => 0.65
[pending_ratio_mm] => -0.1577
[pending_ratio_yy] => 0.2929
[RegionID] => 99522
[RegionName] => 98037
[State] => WA
[Metro] => Seattle-Tacoma-Bellevue
[County] => Snohomish County
[City] => Lynnwood
[SizeRank] => 406
[Zhvi] => 508200
[MoM] => 0.000393701
[QoQ] => 0.00118203
[YoY] => 0.0159936
[5Year] => 0.0974055
[10Year] => 0.0550056
[PeakMonth] => 2019-02
[PeakQuarter] => 2019-Q1
[PeakZHVI] => 519100
[PctFallFromPeak] => -0.0209979
[LastTimeAtCurrZHVI] => 2018-11
[flips] => 4739
[purchase_price] => 239763
[resale_price] => 357337
[gross_margin] => 117575
[flipcount_rank] => 21
[flipmargin_rank] => 8
[counties] => 39
[zip_population] => 26889
[zip_rank] => 95
[state_population] => 7535591
[state_rank] => 13
[state_difference] => 1.483536
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,445750,435000,399950,394950,375000,354999,352500,398000,399950,399950,370000,382750,395000,405000,413975,399950,399950,379975,4.00E+05,4.00E+05,399975,424500,469475,479000,466975,469000,479000,479950,479000,498500,509950,506310,509950,499000,522475,525000,525000,534725,549950,522500,517757,513500,499950,499950,499950,499950,567450,549990,559995,559990,549450,559995,569950,548940,549745,567612.5"
[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] => 445750
[65] => 435000
[66] => 399950
[67] => 394950
[68] => 375000
[69] => 354999
[70] => 352500
[71] => 398000
[72] => 399950
[73] => 399950
[74] => 370000
[75] => 382750
[76] => 395000
[77] => 405000
[78] => 413975
[79] => 399950
[80] => 399950
[81] => 379975
[82] => 4.00E+05
[83] => 4.00E+05
[84] => 399975
[85] => 424500
[86] => 469475
[87] => 479000
[88] => 466975
[89] => 469000
[90] => 479000
[91] => 479950
[92] => 479000
[93] => 498500
[94] => 509950
[95] => 506310
[96] => 509950
[97] => 499000
[98] => 522475
[99] => 525000
[100] => 525000
[101] => 534725
[102] => 549950
[103] => 522500
[104] => 517757
[105] => 513500
[106] => 499950
[107] => 499950
[108] => 499950
[109] => 499950
[110] => 567450
[111] => 549990
[112] => 559995
[113] => 559990
[114] => 549450
[115] => 559995
[116] => 569950
[117] => 548940
[118] => 549745
[119] => 567612.5
)
)
Array
(
[county_name] => Snohomish
[state] => Washington
[state_fips] => 53
[county_fips] => 53061
[dma] => 819
[metro_name] => Seattle, WA
[cbsa_name] => Seattle-Tacoma-Bellevue, WA
[county_region_id_zillow] => 2847
[metro_region_id_zillow] => 395078
[fips] => 53061
[cbsa_code] => 42660
[population_prior] => 803039
[population] => 814901
[rank] => 3
[difference] => 1.477138719
[region_id] => 2847
[sale_counts] => "725,659,563,521,496,488,471,460,396,371,402,457,471,430,400,418,462,491,504,535,610,640,641,615,636,640,609,568,491,443,423,437,492,551,675,695,693,599,562,547,554,605,620,668,703,770,797,851,804,769,703,687,686,681,703,728,759,817,917,953,943,903,900,900,886,879,884,880,879,900,944,991,977,940,878,877,904,893,903,908,938,950,973,1028,1048,1103,1074,1087,1044,1066,1069,1035,1012,1092,1151,1238,1194,1168,1147,1137,1162,1181,1194,1199,1240,1237,1308,1266,1250,1105,1088,1137,1213,1241,1219,1272,1311,1272,1228,1153,1142,1105,1107,1129,1122,1082,1016,995,1004,1036,1073,1147,1127,1090,1016,1029,1051,1026,1010,1006,1045,1092"
[county] => Snohomish
[flips] => 432
[purchase_price] => 323884
[resale_price] => 446161
[gross_margin] => 122277
[flipcount_rank] => 4
[flipmargin_rank] => 9
[sale_counts_exploded] => Array
(
[0] => 725
[1] => 659
[2] => 563
[3] => 521
[4] => 496
[5] => 488
[6] => 471
[7] => 460
[8] => 396
[9] => 371
[10] => 402
[11] => 457
[12] => 471
[13] => 430
[14] => 400
[15] => 418
[16] => 462
[17] => 491
[18] => 504
[19] => 535
[20] => 610
[21] => 640
[22] => 641
[23] => 615
[24] => 636
[25] => 640
[26] => 609
[27] => 568
[28] => 491
[29] => 443
[30] => 423
[31] => 437
[32] => 492
[33] => 551
[34] => 675
[35] => 695
[36] => 693
[37] => 599
[38] => 562
[39] => 547
[40] => 554
[41] => 605
[42] => 620
[43] => 668
[44] => 703
[45] => 770
[46] => 797
[47] => 851
[48] => 804
[49] => 769
[50] => 703
[51] => 687
[52] => 686
[53] => 681
[54] => 703
[55] => 728
[56] => 759
[57] => 817
[58] => 917
[59] => 953
[60] => 943
[61] => 903
[62] => 900
[63] => 900
[64] => 886
[65] => 879
[66] => 884
[67] => 880
[68] => 879
[69] => 900
[70] => 944
[71] => 991
[72] => 977
[73] => 940
[74] => 878
[75] => 877
[76] => 904
[77] => 893
[78] => 903
[79] => 908
[80] => 938
[81] => 950
[82] => 973
[83] => 1028
[84] => 1048
[85] => 1103
[86] => 1074
[87] => 1087
[88] => 1044
[89] => 1066
[90] => 1069
[91] => 1035
[92] => 1012
[93] => 1092
[94] => 1151
[95] => 1238
[96] => 1194
[97] => 1168
[98] => 1147
[99] => 1137
[100] => 1162
[101] => 1181
[102] => 1194
[103] => 1199
[104] => 1240
[105] => 1237
[106] => 1308
[107] => 1266
[108] => 1250
[109] => 1105
[110] => 1088
[111] => 1137
[112] => 1213
[113] => 1241
[114] => 1219
[115] => 1272
[116] => 1311
[117] => 1272
[118] => 1228
[119] => 1153
[120] => 1142
[121] => 1105
[122] => 1107
[123] => 1129
[124] => 1122
[125] => 1082
[126] => 1016
[127] => 995
[128] => 1004
[129] => 1036
[130] => 1073
[131] => 1147
[132] => 1127
[133] => 1090
[134] => 1016
[135] => 1029
[136] => 1051
[137] => 1026
[138] => 1010
[139] => 1006
[140] => 1045
[141] => 1092
)
)