WHATIS YOURHOMEWORTH?

EXCLUSIVE

After years of being battered by the recession, the Jersey Shore real estate

market is finally climbing out of the basement. ¶ However, if you are expecting

your home to fetch what it was worth in 2006, at the height of the market before

the bubble burst, you may have a long wait. ¶ Median home prices in both

Monmouth and Ocean counties are down 7.1 percent and 15.5 percent, respec-

tively, from 2006, according to an exclusive analysis by the Asbury Park Press

of sales for single-family homes for the first nine months of 2015, the latest

data available from home sales reported to the state.

InsideOur town-by-town look willtell you if homesale prices arethe rise. 4A

OnlineVisit APP.comand search“home values”to view an inter-active list of salesin your town andacross the state.

Values tick up,but still lag frommarket heyday 

KEN SERRANO @KENSERRANOAPP

AND PAMELA MACKENZIE @PAMMACKENZIEMCJTop townsThe five towns with the big-gest sales boosts, 2014-2015:Rumson ...............................+18%Asbury Park........................+17%Lakewood...........................+12%Holmdel...............................+11%Berkeley ................................+9%

Median sale pricesMonmouth Co..................$360KOcean Co. ..........................$245KNew Jersey ........................$299KSource: Asbury Park Press analysis of firstnine months of each year of sales datareported to the state, where more than100 homes were sold

See HOME, Page4A

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VOLUME137

NUMBER 26

SINCE 1879

@ISSUE 1AA

BUSINESS 6AA

CLASSIFIED 1D

LOCAL 3A

LOTTERIES 2A

OBITUARIES 18A

OPINION 4AA

SPORTS 1C

SUNDAY BEST 1E

WEATHER 12C

At least 37 migrants — in-cluding children — drownedoff the coast of Turkey.1B

How badly does low-polling Chris Christie have to doin Monday’s much anticipated Iowa caucus before NewJerseyans should expect to get their governor backfrom the presidential campaign trail?

One pundit’s view, in this upside-down world of Iowaexpectations: Christie could get a boost, even whilenearly scraping the bottom.

“If by some miracle Christie beats someone who ac-tually tried in Iowa, say Jeb Bush, he could actually getabounce out of the state and maybe even force Jeb out,”said Matthew Hale, Seton Hall University political sci-entist professor.

The hours are winding down until residents of Iowabecome the first to cast votes in the 2016 presidential

nominating process. They will gather in 1,681 caucusprecincts — with meetings in libraries, churches, localcommunity centers, and gymnasiums — starting at 7p.m. (Central Time) Monday, with no set closing time.

A caucus is a local political party meeting. Partici-pants discuss and vote upon their party’s candidates,vote for local party leaders and discuss their party’splatform.

The event kicks off state-by-state delegate selection,prelude to the national conventions (Democrats willmeet in Philadelphia and Republicans will meet inCleveland, both in July), where party nominees are offi-cially chosen.

Here are seven things to watch for in the Iowa re-

Seven things to watch for at Iowa caucusesBOB JORDAN

@BOBJORDANAPP

See IOWA, Page9A

INSIDE

» Take a peek inside the Iowa caucuses. 8A» Billionaire behind Christie super PAC. 9A» How the Iowa caucuses work. 5B

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