Chelsea recorded 36 closed sales in the last 30 days at a median close price of $1.97M. Active inventory stands at 304 listings with a median asking price of $1.89M ($1,833/sqft). Condos dominate at 60% of inventory. 28.0% price reductions among active listings. 18 new listings hit the market this week, while 146 properties are under contract. At current absorption rates, Chelsea has approximately 8.4 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 Real Estate May 2026 | $1.89M Median
Milton Coste
Live from REBNY/RLS
April 30, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
304
Active Listings
$1.89M
Median Asking
36
Sold (30 Days)
8.4
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 304 |
| Pending Sales | 146 |
| Median Asking Price | $1.89M |
| Median Price/Sqft | $1,833 |
| Avg Days on Market | N/A |
| New This Week | 18 |
| Price Reduced | 56 (28.0%) |
| Sold (Last 30 Days) | 36 |
| Sold (Last 90 Days) | 110 |
| Median Sale Price (90d) | $1.97M |
| Sale-to-List Ratio | 99.3% |
| Months of Supply | 8.4 (buyer's market) |
Property Mix
Condo 60% (120)
Co-op 34% (68)
Condop 4% (7)
Recent Transactions
Rental Market
17
Closed Rentals (30 Days)
$5,000/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | 4 | $2,798/mo | $2,350 - $4,100 |
| 1 BR | 5 | $5,000/mo | $3,500 - $6,000 |
| 2 BR | 7 | $5,895/mo | $4,500 - $16,950 |
| 3+ BR | Limited data | Limited data | Limited data |
Recent Transactions
|
450 W 17TH Street #2508, Apt 2508 | $16,950/mo | 2 BR | Apr 29, 2026 |
|
537 W 27th Street #2D, Apt 2D | $6,000/mo | 1 BR | Apr 29, 2026 |
|
307 W 29th Street #C, Apt C | $3,200/mo | Studio | Apr 27, 2026 |
|
317 W 29th Street #5A, Apt 5A | $2,395/mo | Studio | Apr 23, 2026 |
|
537 W 27th Street #2E, Apt 2E | $5,000/mo | 1 BR | Apr 2, 2026 |
|
537 W 27th Street #3F, Apt 3F | $4,100/mo | Studio | Apr 3, 2026 |
|
340 W 17th Street #2C, Apt 2C | $5,500/mo | 2 BR | Apr 22, 2026 |
|
163 W 18TH Street #3C, Apt 3C | $11,150/mo | 2 BR | Apr 9, 2026 |
|
416 W 23rd Street #1a, Apt 1a | $4,500/mo | 2 BR | Apr 20, 2026 |
|
454 W 22nd Street #1r, Apt 1r | $7,500/mo | 3 BR | Apr 20, 2026 |
|
255 W 14th Street #3F, Apt 3F | $5,000/mo | 1 BR | Apr 18, 2026 |
|
208 W 30TH Street #1201, Apt 1201 | $11,500/mo | 2 BR | Apr 15, 2026 |
|
227 W 15TH Street #19A, Apt 19A | $3,500/mo | 1 BR | Apr 14, 2026 |
|
261 W 28TH Street #5C, Apt 5C | $5,600/mo | 1 BR | Apr 8, 2026 |
|
340 W 17th Street #4A, Apt 4A | $5,895/mo | 2 BR | Apr 10, 2026 |
|
319 W 29th Street #2B, Apt 2B | $2,350/mo | Studio | Apr 9, 2026 |
|
309 W 29th Street #3f, Apt 3f | $4,500/mo | 2 BR | Apr 8, 2026 |
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Active Listings in Chelsea
View All
$695,000
335 W 21ST Street #F/E
1 bed
2 baths
Co-op
$2,100,000
144 W 27TH Street #10F
3 beds
2 baths
1,822 sqft
Condo
$2,095,000
261 W 28th Street #6A
3 beds
3 baths
1,438 sqft
Condo
$6,200,000
514 W 24TH Street #6E
2 beds
3 baths
2,283 sqft
Condo
$895,000
165 W 20th Street #3L
1 bed
1 bath
800 sqft
Co-op
$16,999,500
500 W 18TH Street #W28B
3 beds
4 baths
3,141 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.