Chelsea recorded 42 closed sales in the last 30 days at a median close price of $1.74M. Active inventory stands at 303 listings with a median asking price of $1.70M ($1,783/sqft). Condos dominate at 57% of inventory. 40.0% price reductions among active listings. 7 new listings hit the market this week, while 167 properties are under contract. At current absorption rates, Chelsea has approximately 7.2 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 July 2026: $1.70M Median
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
303
Active Listings
$1.70M
Median Asking
42
Sold (30 Days)
7.2
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 303 |
| Pending Sales | 167 |
| Median Asking Price | $1.70M |
| Median Price/Sqft | $1,783 |
| Avg Days on Market | N/A |
| New This Week | 7 |
| Price Reduced | 80 (40.0%) |
| Sold (Last 30 Days) | 42 |
| Sold (Last 90 Days) | 78 |
| Median Sale Price (90d) | $1.74M |
| Sale-to-List Ratio | 99.6% |
| Months of Supply | 7.2 (buyer's market) |
Property Mix
Recent Transactions
Rental Market
14
Closed Rentals (30 Days)
$4,250/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | 9 | $4,000/mo | $3,200 - $5,650 |
| 1 BR | Limited data | Limited data | Limited data |
| 2 BR | 3 | $6,500/mo | $6,100 - $7,500 |
| 3+ BR | Limited data | Limited data | Limited data |
Recent Transactions
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|
191 7TH Avenue #4W, Apt 4W | $12,000/mo | 3 BR | Jun 26, 2026 |
|
|
255 W 14th Street #4B, Apt 4B | $4,000/mo | Studio | Jun 25, 2026 |
|
|
313 W 29th Street #b, Apt b | $6,100/mo | 2 BR | Jun 23, 2026 |
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537 W 27th Street #2F, Apt 2F | $3,995/mo | Studio | Jun 23, 2026 |
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200 W 20TH Street #701, Apt 701 | $4,100/mo | Studio | Jun 17, 2026 |
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280 W 24TH Street #8D, Apt 8D | $5,400/mo | Studio | Jun 10, 2026 |
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242 W 21ST Street #A, Apt A | $4,400/mo | 1 BR | Jun 16, 2026 |
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280 W 24TH Street #7F, Apt 7F | $5,650/mo | Studio | Jun 16, 2026 |
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344 W 17th Street #B, Apt B | $4,100/mo | Studio | Jun 12, 2026 |
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37 W 16th Street #3R, Apt 3R | $3,700/mo | Studio | Jun 11, 2026 |
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339 W 19th Street #1f, Apt 1f | $6,500/mo | 2 BR | Jun 9, 2026 |
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307 W 29th Street #2a, Apt 2a | $3,300/mo | Studio | Jun 9, 2026 |
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344 W 17th Street #1D, Apt 1D | $3,200/mo | Studio | Jun 10, 2026 |
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340 W 17th Street #1C, Apt 1C | $7,500/mo | 2 BR | Jun 2, 2026 |
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Active Listings in Chelsea
View All$699,000
162 9TH Avenue #B
$1,725,000
228 W 21st Street #2
$999,000
520 W 23rd Street #8A
$699,000
77 7TH Avenue #21A
$2,600,000
252 7TH Avenue #3W
$1,395,000
161 W 16th Street #10-H
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.