House Flipping Data

Apr 03, 2015 - 2 Min read
Realtytrac Staff
Real Estate Expert

A year after its Spring 2014 report showed the ten most profitable U.S. markets for flipping houses, RealtyTrac® turns the data tables to find where the practice made up the largest proportion of sales in 2014.

They are not the same: Only the highest-ranking city this year is within a Metropolitan Statistical Region (MSR) on last year’s list.

Flipping a house is real estate jargon for buying, improving and then reselling a property within six months. Inkster, Michigan tops this year’s list with flipped houses accounting for 27 percent of its total 2014 home sales. The Detroit suburb showed up last year within the ninth-ranked Detroit-Warren-Livonia MSR.

The second ranked city on this year’s list is Opa Locka, Florida, with more than 21 percent. Though its surrounding Miami-Dade County was not included last year, three that did are right up the Atlantic coast.

The other eight cities on this year’s list, below, are all in Michigan, Georgia and California.

City  Population Units 2014 Flips 2014 Sales Flip %
Inkster, MI 25,215 11,820 114 423 27.0%
Opa Locka, FL 110,225 34,211 235 1100 21.4%
Compton, CA 134,149 34,725 137 663 20.7%
Saint Marys, GA 20,964 8,678 120 604 19.9%
Spring Valley, CA 69,818 23,023 108 590 18.3%
Eastpointe, MI 32,405 13,566 148 866 17.1%
Villa Rica, GA 34,137 13,530 131 768 17.1%
Griffin, GA 60,820 25,822 140 821 17.1%
Rialto, CA 103,836 28,056 144 857 16.8%
San Bernardino, CA 239,798 71,309 348 2126 16.4%

If you are a journalist and wish to get further information regarding this or any of our many other datasets, please contact our PR Department (pr@realtytrac.com).

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