The Connolly Agency

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 summary of these shore towns’ markets in the 1st quarter of 2023 compared to last year’s 1st quarter, see below.


The data above was compiled from the Monmouth-Ocean Multiple Listing Service (FLEX-MLS) and provides an overview of recent sales activity in Asbury Park, Ocean Grove, Bradley Beach, Avon-By-the-Sea, Belmar, and Spring Lake.

When buying a home, local market data and realtor expertise make ALL the difference. We update the local market data annually here, so check back frequently. If there’s a town not listed here that you would like market data for, head over to http://www.theconnollyagency.com or give us a call at 732-361-0800.

If you are interested in looking at our current inventory, you can see it here https://www.theconnollyagencyrealestate.com/nj/search/?OrderBy=-ListPrice&Limit=2&SavedSearch=20210621171704523743000000&pg=1

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