Bringing our mission to help homeowners get the best outcome, Sundae is now buying houses in Sacramento.
Already one of the fastest growing homebuyers in the vast Southern California real estate market, Sundae now expands its buying capacity in Northern California in the greater Sacramento area. Sundae will provide home sellers an opportunity to get the highest off-market price possible for a house.
Sundae’s mission is to help homeowners get the best outcome when selling. We achieve this with scale and efficiency of operations, blending unmatched real estate experience with data- and technology-driven operations. Every Sacramento house we help sell is available to a marketplace of real estate investors, which helps us pay sellers more.
The Sacramento market
The Sacramento market is an ideal location for Sundae’s services. With more than 500,000 residents in the city and more than 2 million in the MSA, Sacramento is large and growing. The city boasts a flourishing local economy.
The median age of a single family home in Sacramento is 47 years. This is two years older than the California state median and five years older than the national median. That means Sacramento’s growing population has a huge need for more updated houses. By helping sellers get top dollar for their fixer upper and ensuring the house is renovated, Sundae plays an invaluable role. We bring restored, move-in ready homes to the housing market.
In 2019, “flipped homes” (houses that were bought by investors, renovated, and then resold) represented about 4.5% of all homes sold in America. They were around 3.5% of all homes in California. But in Sacramento, the number of flipped homes sold reached closer to 6% of all homes. This substantially higher share represents a large number of families that Sundae can help.
The Sundae alternative
Sundae provides higher cash offers, as well as a simpler, more trustworthy, and transparent sales process. We offer a convenient alternative to an industry historically tainted by predatory behaviors.
Sacramento is a relatively affordable market. The median home sale price of $335,000 is substantially lower than the California median of $485,000. This price point allows Sundae the opportunity to increase the supply of affordable market-ready houses in the area.
Meanwhile, the iBuyer trend of homeowners selling their house online is picking up. Around 100 homes were sold to iBuyers in Sacramento in 2019. While a small percent of all homes sold, it was slightly higher than the California and national averages.
Coronavirus shutdowns slowed 2020 numbers so far, but the trend is clear. Sacramento home sellers are open to nontraditional homebuyers.
A unique offering
Of course, Sundae is not an iBuyer. While Sundae shares the iBuyer trait of rapid turnaround time on our offers, the company is different in important respects.
We won’t list a home until a local Market Expert evaluates it. We make no sight unseen offers. Our experts see and tour every property before we list in on Sundae’s marketplace. This leads to a fair and reliable price with no strings attached. Most iBuyer offers come virtually and later have price reductions. The offer you receive from an off market buyer on our marketplace is the price you get.
If you’re interested in learning more, contact Sundae today. One of our Market Experts can visit your Sacramento area home and talk to you about your options.
Composed by a team of experienced content, marketing, and real estate professionals, the Sundae Blog is a go-to authority for tips, instructions, and data-driven insights aimed at helping homeowners maintain, renovate, sell, and buy homes, while navigating a complex real estate market.