2025 Compared to 2024 Year End Market Update
Asbury Park In 2025 Single Family home sales dipped by 8% with 65 homes sold. The average sales price was up 15% to $946,537. Homes were selling for 2 percent less than list price and were on the market for 46 days. Avon by the Sea In 2025 Single Family home sales dipped by […]
Pending Home Sales Have Increased
Pending home sales increased by 3.3% in November from October. According to the National Association of Realtors Sales Report, year-over-year, anticipated home sales jumped by 2.6%. These sales have been on the rise in all four regions of the United States! In fact, some NAR members expect a continuous increase in buyers and sellers […]
First Half 2025 vs 2024 Real Estate Market Recap
Real Estate Market Recap First Half 2025 vs 2024 🏘️ There have been some dramatic shifts in the real estate market from this time in 2024 to 2025! Let’s recap the changes we’ve seen from the first half of last year compared to the first half of this year. If there is another town you […]
Real Estate Market Recap 2024 vs 2023
Real Estate Market Recap 2024 vs 2023 The real estate market fluctuates every year, so an annual real estate market recap is a crucial part of moving into a new year. If there is another town you would like to see below, feel free to leave a comment below or email The Connolly Agency! Without […]
First Three Quarters of 2024 Compared to 2023
Below is The Connolly Agency‘s Monmouth County real estate update and statistics for the first three quarters of 2024 compared to 2023. Read below and check our website for other market updates! 2024 Q3 Monmouth County Real Estate Market Update Asbury Park For the first three quarters of 2024, 50 homes sold in Asbury […]
First Half of 2024 Compared to First Half of 2023
Asbury Park For the half of 2024 36 homes sold in Asbury Park. The average sales price was $853,055 which is an increase of 31% from 2023. The average days on the market were 36 and homes sold for 95% of list price. Avon by the Sea For the first half of 2024 […]
Housing Market Forecast: What’s Ahead for the 2nd Half of 2024
As we move into the second half of 2024, here’s what experts say the housing market forecast looks like. From home prices to mortgage rates and home sales, here is what’s expected. Home Prices Are Expected To Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven […]
First Quarter 2024 Compared with 2023 – Market Update
For the first quarter of 2024 there were 15 homes sold in Asbury Park. The average sales price was $637,666 which is down 11% from 2023. The average days on the market were 38 and homes sold for 96% of list price. For the first quarter of 2024 there were 3 homes sold […]
The Year in Review: 2023 compared to 2022 Market Update:
The Year in Review: 2023 compared to 2022 Market Update: The Real Estate Market is constantly changing and evolving. Check out below some of our local markets and their performance between 2022 and 2023! If you are looking for a town not listed below, leave a comment or send us an email and we […]
2023 Quarter 1 Market Update
2023 Quarter 1 Market Update– While some local markets have plateaued or even gone down, the majority of the local areas have seen substantial increase in both home values and percentage of asking price received. As a resort area with very limited inventory, it is always a good time to list your home. For a […]