Total housing units: 2,457,814
Single family flips: 4,299
Average pre-flip purchase price: $138,064
Average flipped price: $189,291
Inventory for homes in the greater Miami area is very low – less than six months’ supply across all price ranges, and less than one month’s supply for homes priced under $200,000, according to the Miami Herald. This metro has the largest population in the Top 10, with just over 5 million residents.