Which county, town & neighborhood to invest in....

[RJ Reynolds]

One of the early questions for an investor is: WHERE?

After listening to experts, the criteria a new investor looks for in a "first flip" house would be: Entry Level home with relatively standard design (cape, ranch, split, colonial as opposed to Modern or Unique) 3 Bedroom 1+ bath (I'd prefer 2 myself) in a neighborhood that has recently demonstrated positive activity where multiple sales are occurring with relatively short "days on market". 

So I did my research and would like feedback from investors.  Being a REALTOR, I have full access to my Multiple Listing Service so the research was quickly done.

2015 04 30 SF SOLD Analysis appears to show Waltham is a good target to focus on not just because of the # of sold but because the days on market is low(er) and the price point is moderate for this area. What say you? (these numbers are for the 30 days between 3/30/15 and 4/30/15)

Where	Total Sold	Days On Market	Days to Offer	Sale Price	List Price	SP:LP	Original Price	SP:OP	Low	High	Median	Average	Volume
Dover	1	130	2	871,016	819,000	106	819,000	106	871,016	871,016	871,016	871,016	871,016
Watertown	6	100	80	718,000	720,.650	100	758,650	96	475,000	850,000	771,500	718,000	4,308,000
Stoughton	10	115	79	370,535	378,820	98	384,820	97	169,900	555,000	424,975	370,535	3,705,350
Randolph	11	117	79	247,945	258,245	96	272,382	91	175,000	325,000	262,500	247,945	2,727,400
Westwood	12	114	78	681,333	692,244	98	698,660	97	329,000	1,300,000	656,000	681,333	8,176,000
Canton	13	85	56	461,446	470,092	98	484,785	95	199,000	774,900	458,000	461,446	5,998,800
Norwood	15	89	47	399,493	407,193	98	413,427	97	305,000	492,000	375,000	399,493	5,992,400
Dedham	18	62	41	544,328	557,211	97	572,989	94	146,900	1,495,650	405,000	544,328	9,797,900
Needham	20	104	68	1,038,045	1,044,130	99	1,056,340	98	449,900	3,495,000	854,500	1,038,045	20,760,900
Waltham	28	43	33	491,059	486,079	101	496,164	99	200,000	975,000	445,000	491,059	13,749,640