CHART: Arizona ranked 5th nationally for flipping homes in 2015

A recent study finds that Arizona's housing market ranks fifth nationally for homes flipped in 2015.

Flipped homes in Arizona accounted for 7.1% of total home sales last year. That figure is just under two percent lower than Nevada, which tops out the list.

RealtyTrac , who provided the data, tracked flipped homes in 41 states and defines a flipped home as "a property that is sold in an arms-length sale for the second time within a 12-month period."

Take a look at the chart below to see how other states in the nation compare and who beat out Arizona.

To see the chart in fullscreen, click here.

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