Data analytics firm Attom released its first quarter home flipping report, finding that profits from flipped sales are down compared to last year.

Nationwide, gross profits on a typical flipped home decreased to $65,000 in Q1 versus $70,000 in the fourth quarter of 2024. The typical investor paid $260,000 for a home they flipped in the first quarter of 2025 and sold the property for $325,000.

The number of homes flipped was up 30 percent versus Q4 2024 and accounted for 7 percent of all homes sold.

The Northeast overall had some of the highest profit margins in the county, Attom reported.