$10,000 Closing Credit*
$969,821
6,723 SqFt
1 Bed
•1 Bath
#1074872, Timothy R Luten, Listing Office: Sperry Van Ness/WACB, 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 November 2023
At the same time last year, Trumbull Village was a Buyer'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
$250,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$53,000(+26.9%)
Key Takeaway
Homes in Trumbull Village have sold for 26.9% more than they did a year ago.
Summary: The median home sold price in Trumbull Village was $250,000 in November 2024, up 26.9% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $316.2K | +19.3% |
| 2 Bedrooms | $185K | $250K | +35.1% |
| 3 Bedrooms | $196K | $237.5K | +21.2% |
| 4 Bedrooms | $211K | $257K | +21.8% |
| 5+ Bedrooms | $628K | $554K | -11.8% |
Summary: Trumbull Village housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.3%, 2 bedroom homes increased by 35.1%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes decreased by 11.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Trumbull Village | $197K | $250K | +26.9% |
| South Los Altos | $230K | $250K | +8.7% |
| Southeast Albuquerque | $339.4K | $350K | +3.1% |
| La Mesa | $245K | $248K | +1.2% |
Housing Supply in Trumbull Village, NM
How many homes are available in Trumbull Village, NM?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Summary: The Trumbull Village real estate market had 21 homes for sale in November 2024, a 4.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 15 | 12 | -20.0% |
| 3 Bedrooms | 0 | 2 | +100.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Trumbull Village housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Trumbull Village, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Trumbull Village in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 70 Days | +36.9% |
Summary: Homes in Trumbull Village had an average of 70 days on market in Nov 2024, up by 36.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Trumbull Village has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Trumbull Village; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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.