Flips on homes priced between $1 million and $2 million increased 42 percent year over year, while flips on homes priced between $2 million and $5 million increased 350 percent year over year.
[quote=spdrun]When you’re talking about what’s likely a tiny number, 350% is probably still not much.[/quote]
This was my thought. Homes above $1M are less common that homes less than $1M. Especially on a national scale. So the data set is smaller.
Even in pricey San Diego county – homes above $1M are still a small subset of the housing market, even if they’re common in carmel valley, del mar la jolla, RSF, etc. They are less common in mira mesa, clairemont, linda vista, north park, etc.
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