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The Connolly Agency

First Half of 2024 Compared to First Half of 2023

  For the half of 2024 there were 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.     For the first half of 2024 there were 6 […]

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 you should expect for home prices, mortgage rates, and home sales. 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 of the most trusted sources in the industry: […]

Do Elections Impact the Housing Market?

The 2024 Presidential election is just months away. As someone who’s thinking about potentially buying or selling a home, you’re probably curious about what effect, if any, elections have on the housing market. It’s a great question because buying or selling a home is a major decision, and it’s natural to wonder how such a major event might impact your plans. Historically, Presidential […]