Five cities that had the lowest gross-flipping profits among metro areas had at least 1 million people. In the United States, there are 53 markets with a population of 1 million or more.
There was a $16,000 difference between Raleigh, North Carolina—which was the lowest on the lowest gross-flipping profit on the list, coming in at $30,000—and Charlotte, North Carolina, which was the top of the list. On the opposite side of the coin, the highest gross-flipping profits for metro areas with at least 1 million people included four West Coast cities, all located in California: San Jose, San Francisco, San Diego, and Los Angeles. San Jose had the highest profit at $274,000. New York City also made the list with a gross-flipping profit of $152,000.
This story originally appeared on UpNest and was produced and distributed in partnership with Stacker Studio.