Chelsea recorded 28 closed sales in the last 30 days at a median close price of $1.80M. Active inventory stands at 291 listings with a median asking price of $1.57M ($1,873/sqft). Condos dominate at 52% of inventory. 28.0% price reductions among active listings. 10 new listings hit the market this week, while 127 properties are under contract. At current absorption rates, Chelsea has approximately 10.4 months of supply, making it a buyer's market. As a Chelsea specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Chelsea, call me at (917) 416-7433 for a personalized market analysis.
Chelsea Market Report May 2026: $1.57M Median
Milton Coste
Live from REBNY/RLS
October 30, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
291
Active Listings
$1.57M
Median Asking
28
Sold (30 Days)
10.4
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 291 |
| Pending Sales | 127 |
| Median Asking Price | $1.57M |
| Median Price/Sqft | $1,873 |
| Avg Days on Market | N/A |
| New This Week | 10 |
| Price Reduced | 56 (28.0%) |
| Sold (Last 30 Days) | 28 |
| Sold (Last 90 Days) | 117 |
| Median Sale Price (90d) | $1.80M |
| Sale-to-List Ratio | 99.5% |
| Months of Supply | 10.4 (buyer's market) |
Property Mix
Condo 52% (104)
Co-op 44% (87)
Condop 2% (3)
Recent Transactions
Rental Market
14
Closed Rentals (30 Days)
$4,950/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | 8 | $4,000/mo | $1,922 - $8,300 |
| 1 BR | 4 | $7,450/mo | $4,350 - $9,500 |
| 2 BR | Limited data | Limited data | Limited data |
Recent Transactions
|
343 W 21st Street #3A, Apt 3A | $3,000/mo | Studio | Oct 28, 2026 |
|
343 W 21st Street #4C, Apt 4C | $1,922/mo | Studio | Oct 27, 2026 |
|
140 W 22ND Street #3F, Apt 3F | $9,500/mo | 1 BR | Oct 21, 2026 |
|
161 W 16TH Street #14C, Apt 14C | $5,100/mo | Studio | Oct 20, 2026 |
|
255 W 14th Street #4C, Apt 4C | $4,000/mo | Studio | Oct 16, 2026 |
|
327 W 30th Street #2D, Apt 2D | $3,100/mo | Studio | Oct 14, 2026 |
|
327 W 30th Street #7E, Apt 7E | $4,350/mo | 1 BR | Oct 14, 2026 |
|
447 W 18TH Street #4C, Apt 4C | $13,500/mo | 2 BR | Oct 7, 2026 |
|
161 W 16TH Street #6J, Apt 6J | $4,800/mo | Studio | Oct 1, 2026 |
|
280 W 24TH Street #8K, Apt 8K | $7,400/mo | 1 BR | Oct 5, 2026 |
|
133 W 22ND Street #8C, Apt 8C | $7,500/mo | 1 BR | Oct 5, 2026 |
|
416 W 23rd Street #3c, Apt 3c | $6,000/mo | 2 BR | Oct 4, 2026 |
|
255 W 14th Street #4G, Apt 4G | $4,000/mo | Studio | Oct 5, 2026 |
|
121 W 19th Street #3D, Apt 3D | $8,300/mo | Studio | Oct 5, 2026 |
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Active Listings in Chelsea
View All
$4,395,000
527 W 27th Street #6S
2 beds
3 baths
1,997 sqft
Condo
$349,000
451 W 22ND Street #3R
Studio
1 bath
Co-op
$4,995,000
545 W 20TH Street #5B
3 beds
4 baths
3,647 sqft
Condo
$2,995,000
575 6th Avenue #9A
2 beds
2 baths
1,432 sqft
Co-op
$4,400,000
457 W 22nd Street #C
2 beds
2 baths
Co-op
$1,850,000
540 W 28th Street #2B
2 beds
2 baths
1,181 sqft
Condo
Data provided by the RLS at REBNY
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.