ORANGE COUNTY HOME FLIPPING SLIPS 3% IN 2018

By
Real Estate Broker/Owner with Realty World Atlas BK 602473

Home flipping — defined as a purchasing then selling a property within 12-months — dropped 3 percent in Orange County in 2018 and stayed about the same in Seminole County. In both counties, investors saw smaller ROIs compared to 2017.

Flipping Facts

Orange County, 2018
Percentage of home sales | 8%
Number | 1,723
Change to 2017 | down 3%
Change to 2013 | down 6%
Purchased with cash | 78%
Median purchase price | $150,000
Median flipped price | $207,000
ROI 2018 | 38%
ROI 2017  | 49%

Seminole County, 2018
Percentage of home sales | 7%
Number | 574
Change to 2017 | up 0.10
Change to 2013 | down 5%
Purchased with cash | 79%
Median purchase price | $158,500
Median flipped price | $217,450
ROI 2018 | 37%
ROI 2017 | 54%

 

Data Provided By The Orlando Regional Realtor Association

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Paul D. Diaz, MBA

Real Estate Broker & Instructor, Adjunct Professor
(707) 728-5342
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