$3,147 Closing Credit*
$265,000
1,576 SqFt
3 Beds
•2 Full Baths, 1 Partial
Md Mottaleb Hossain, Listing Office: MORE Realty, Inc
Is Trumbull Village, NM a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Trumbull Village has remained a Seller's Market.
Key Takeaway
Trumbull Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Trumbull Village, NM
How much do homes in Trumbull Village, NM cost?
Median Sold Price
$247,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,000(+26.7%)
Key Takeaway
Homes in Trumbull Village have sold for 26.7% more than they did a year ago.
Summary: The median home sold price in Trumbull Village was $247,000 in October 2024, up 26.7% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $316.2K | +19.3% |
| 2 Bedrooms | $185K | $244.5K | +32.2% |
| 3 Bedrooms | $195K | $237.5K | +21.8% |
| 4 Bedrooms | $211K | $257K | +21.8% |
| 5+ Bedrooms | $628K | $428K | -31.8% |
Summary: Trumbull Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.3%, 2 bedroom homes increased by 32.2%, 3 bedroom homes increased by 21.8%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes decreased by 31.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Trumbull Village | $195K | $247K | +26.7% |
| South Los Altos | $235K | $250K | +6.4% |
| Southeast Albuquerque | $332.1K | $349.6K | +5.3% |
| La Mesa | $240K | $244K | +1.7% |
Housing Supply in Trumbull Village, NM
How many homes are available in Trumbull Village, NM?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Trumbull Village real estate market had 22 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 2 | 0 | -100.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Trumbull Village housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Trumbull Village, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Trumbull Village in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.
Days on Market for Trumbull Village, NM
How long does it take to sell a home in Trumbull Village, NM?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 8 Days | -61.6% |
Summary: Homes in Trumbull Village had an average of 8 days on market in Oct 2024, down by 61.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Trumbull Village are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Trumbull Village; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. 
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.