96
96 96
HIGHEST AVERAGE GAINS FOR HOME FLIPPING, FULL YEAR 2015
DS News tracks the latest and most relevant industry
surveys and data to keep you in the know. In this month's
issue, we're taking a look at the metro areas in the United
States that had the highest average gains for home
fl ipping during the full year of 2015. According to Redfi n,
approximately 43,000 homes were fl ipped during 2015,
which is about half of the peak total from 2005.The decline
is likely due to a lower number of homes for sale overall,
particularly at low enough prices to draw the interest of
fl ippers. The average nationwide gain was approximately
$100,000; six of the top 10 metros with the largest gains
were located in California.
Source: Redfi n
THE BIG FINISH
WRAP YOUR HEAD AROUND THE MARKET'S LEADING INDICATORS
96
OAKLAND,
CALIFORNIA
$150,400
LONG ISLAND,
NEW YORK
$152,600
WASHINGTON, D.C.
$135,200
VENTURA COUNTY,
CALIFORNIA
$135,100
ORANGE COUNTY,
CALIFORNIA
$134,400
LOS ANGELES,
CALIFORNIA
$138,500
BOSTON,
MASSACHUSETTS
$137,300
SEATTLE,
WASHINGTON
$143,300
SAN JOSE,
CALIFORNIA
$174,800
SAN FRANCISCO,
CALIFORNIA
$216,000
