Paving Alert: Asphalt Prices Are Down—Will They Rise Again?

With inflation, tariffs, and supply chain concerns making headlines, it’s rare to see prices drop—but that’s exactly what’s happening with asphalt in New York and New Jersey right now. Both NYSDOT and NJDOT report lower asphalt index prices compared to last year, creating a prime opportunity for homeowners, businesses, schools, and centers to lock in paving projects before peak season.

Asphalt Prices Are Down—For Now

A look at asphalt index pricing shows a clear decline from last year. (NYDOT) (NJDOT)

While prices are currently lower, history tells us that asphalt costs tend to rise as demand increases in late spring and summer. Paving prices are largely dictated by asphalt plants and material suppliers, not contractors—so once supply tightens and oil prices shift, the cost of paving follows.

Why Now is the Best Time to Pave

  • Lower Asphalt Prices – Take advantage while costs are down.
  • Industry-Driven Pricing – Asphalt plants control costs, and seasonal demand often drives them up.
  • Early Booking Advantage – Spring is the best time to lock in a project before prices adjust.

Pavemaks: Fighting to Keep Costs Down

At Pavemaks, we work hard to keep our pricing competitive without sacrificing quality. We stay ahead of market shifts and source materials efficiently to help our customers—whether it’s a driveway, parking lot, or sports court—get the best value.

Thinking about paving? Now’s the time.

Reach out to us and let us exceed your expectations!