Chelsea recorded 41 closed sales in the last 30 days at a median close price of $1.77M. Active inventory stands at 201 listings with a median asking price of $1.70M ($1,848/sqft). Condos dominate at 54% of inventory. 44.0% price reductions among active listings. 3 new listings hit the market this week, while 137 properties are under contract. At current absorption rates, Chelsea has approximately 4.9 months of supply, making it a balanced 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 August 2026: $1.70M Median
Milton Coste
Live from REBNY/RLS
August 30, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
201
Active Listings
$1.70M
Median Asking
41
Sold (30 Days)
4.9
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 201 |
| Pending Sales | 137 |
| Median Asking Price | $1.70M |
| Median Price/Sqft | $1,848 |
| Avg Days on Market | N/A |
| New This Week | 3 |
| Price Reduced | 88 (44.0%) |
| Sold (Last 30 Days) | 41 |
| Sold (Last 90 Days) | 60 |
| Median Sale Price (90d) | $1.77M |
| Sale-to-List Ratio | 99.2% |
| Months of Supply | 4.9 (balanced market) |
Property Mix
Condo 54% (108)
Co-op 40% (79)
Condop 2% (4)
Recent Transactions
Rental Market
18
Closed Rentals (30 Days)
$5,350/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | 6 | $3,750/mo | $3,600 - $5,700 |
| 1 BR | 7 | $5,100/mo | $3,700 - $11,000 |
| 2 BR | 3 | $7,500/mo | $6,000 - $7,995 |
| 3+ BR | Limited data | Limited data | Limited data |
Recent Transactions
|
327 W 30th Street #2J, Apt 2J | $4,000/mo | 1 BR | Aug 29, 2026 |
|
255 W 14th Street #5A, Apt 5A | $5,300/mo | 1 BR | Aug 27, 2026 |
|
537 W 27th Street #3A, Apt 3A | $7,995/mo | 2 BR | Aug 25, 2026 |
|
252 7TH Avenue #3W, Apt 3W | $11,000/mo | 1 BR | Aug 25, 2026 |
|
421 W 24th Street #3D, Apt 3D | $3,700/mo | 1 BR | Aug 20, 2026 |
|
85 8th Avenue #5-E, Apt 5-E | $6,750/mo | 1 BR | Aug 20, 2026 |
|
280 W 24TH Street #5G, Apt 5G | $5,700/mo | Studio | Aug 19, 2026 |
|
344 W 17th Street #3CC, Apt 3CC | $3,700/mo | Studio | Aug 17, 2026 |
|
339 W 19th Street #C, Apt C | $7,500/mo | 2 BR | Aug 14, 2026 |
|
524 W 19TH Street #1A, Apt 1A | $17,000/mo | 3 BR | Aug 12, 2026 |
|
555 W 23RD Street #N9R, Apt N9R | $5,100/mo | 1 BR | Aug 11, 2026 |
|
327 W 30th Street #3E, Apt 3E | $4,000/mo | 1 BR | Aug 10, 2026 |
|
344 W 17th Street #3C, Apt 3C | $3,700/mo | Studio | Aug 10, 2026 |
|
341 W 19th Street #B, Apt B | $3,800/mo | Studio | Aug 6, 2026 |
|
326 W 23rd Street #3F, Apt 3F | $6,000/mo | 2 BR | Aug 6, 2026 |
|
456 W 22nd Street #1B, Apt 1B | $3,600/mo | Studio | Aug 4, 2026 |
|
280 W 24TH Street #10N, Apt 10N | $5,400/mo | Studio | Aug 6, 2026 |
|
191 7TH Avenue #3N, Apt 3N | $12,000/mo | 3 BR | Aug 5, 2026 |
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Active Listings in Chelsea
View All
$1,475,000
237 W 19TH Street #B
2 beds
1 bath
675 sqft
Condo
$1,395,000
125 W 22nd Street #5-C
1 bed
1 bath
1,089 sqft
Condo
$20,700,000
334 W 20th Street
5 beds
7 baths
7,058 sqft
Single Family Residence
$10,995,000
251 W 14th Street #PENTHOUSE
4 beds
5 baths
3,619 sqft
Condo
$899,000
148 W 23RD Street #4B
1 bed
1 bath
Co-op
$1,250,000
540 W 28th Street #8H
1 bed
1 bath
781 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.