Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
Chelsea real estate

Chelsea Market Report May 2026: $1.70M Median

Milton Coste Live from REBNY/RLS September 30, 2026
Milton Coste

Milton Coste

Licensed Real Estate Associate Broker at Keller Williams NYC

NY License #10301213304 | (917) 416-7433

Chelsea recorded 39 closed sales in the last 30 days at a median close price of $1.77M. Active inventory stands at 285 listings with a median asking price of $1.70M ($1,940/sqft). Condos dominate at 56% of inventory. 30.5% price reductions among active listings. 23 new listings hit the market this week, while 118 properties are under contract. At current absorption rates, Chelsea has approximately 7.3 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.

285

Active Listings

$1.70M

Median Asking

39

Sold (30 Days)

7.3

Months of Supply

Price Trends

Inventory Breakdown

Metric Value
Active Listings 285
Pending Sales 118
Median Asking Price $1.70M
Median Price/Sqft $1,940
Avg Days on Market N/A
New This Week 23
Price Reduced 61 (30.5%)
Sold (Last 30 Days) 39
Sold (Last 90 Days) 108
Median Sale Price (90d) $1.77M
Sale-to-List Ratio 99.5%
Months of Supply 7.3 (buyer's market)

Property Mix

Condo 56% (112) Co-op 40% (79) Condop 2% (4)

Recent Transactions

161 W 16TH Street #6G 161 W 16TH Street #6G, Apt 6G $1,115,000 1 BR Sep 28, 2026
551 W 21st Street #4D 551 W 21st Street #4D, Apt 4D $2,100,000 1 BR Sep 28, 2026
519 W 23RD Street #7 519 W 23RD Street #7, Apt 7 $2,850,000 2 BR Sep 25, 2026
140 W 22nd Street #4F 140 W 22nd Street #4F, Apt 4F $1,825,000 2 BR Sep 18, 2026
522 W 29th Street #4D 522 W 29th Street #4D, Apt 4D $2,250,000 2 BR Sep 25, 2026
166 W 22nd Street #1F 166 W 22nd Street #1F, Apt 1F $460,000 Studio Sep 25, 2026
252 7th Avenue #3M 252 7th Avenue #3M, Apt 3M $1,330,000 1 BR Sep 25, 2026
319 W 18th Street #5I 319 W 18th Street #5I, Apt 5I $750,000 1 BR Sep 24, 2026
465 W 23rd Street #10A 465 W 23rd Street #10A, Apt 10A $925,000 1 BR Sep 24, 2026
77 7TH Avenue #4L 77 7TH Avenue #4L, Apt 4L $535,000 Studio Sep 4, 2026
257 W 17th Street #7AB 257 W 17th Street #7AB, Apt 7AB $9,000,000 5 BR Sep 9, 2026
655 6TH Avenue #2E 655 6TH Avenue #2E, Apt 2E $2,950,000 2 BR Sep 23, 2026
130 W 30TH Street #18A 130 W 30TH Street #18A, Apt 18A $4,995,000 4 BR Sep 22, 2026
334 W 17TH Street #1W 334 W 17TH Street #1W, Apt 1W $725,000 1 BR Sep 14, 2026
410 W 24TH Street #11GHK 410 W 24TH Street #11GHK, Apt 11GHK $2,300,000 3 BR Sep 18, 2026
170 W 23rd Street #5R 170 W 23rd Street #5R, Apt 5R $580,000 Studio Sep 19, 2026
555 W 22nd Street #PH24W 555 W 22nd Street #PH24W, Apt PH24W $27,500,000 4 BR Sep 18, 2026
525 W 22ND Street #PHD 525 W 22ND Street #PHD, Apt PHD $6,750,000 4 BR Sep 16, 2026
517 W 29th Street #5E 517 W 29th Street #5E, Apt 5E $1,550,000 2 BR Sep 16, 2026
420 W 25TH Street #4G 420 W 25TH Street #4G, Apt 4G $1,940,000 3 BR Sep 17, 2026
133 W 22nd Street #8C 133 W 22nd Street #8C, Apt 8C $1,488,000 1 BR Sep 17, 2026
201 W 16th Street #3C 201 W 16th Street #3C, Apt 3C $505,000 Studio Sep 15, 2026
252 7th Avenue #5R 252 7th Avenue #5R, Apt 5R $2,550,000 2 BR Sep 15, 2026
444 W 19TH Street #502 444 W 19TH Street #502, Apt 502 $1,120,000 1 BR Sep 11, 2026
420 W 25TH Street #7F 420 W 25TH Street #7F, Apt 7F $1,100,000 1 BR Sep 14, 2026
210 W 21st Street #2FW 210 W 21st Street #2FW, Apt 2FW $1,250,000 3 BR Sep 14, 2026
655 6th Avenue #5D 655 6th Avenue #5D, Apt 5D $2,650,000 2 BR Sep 10, 2026
540 W 28TH Street #3D 540 W 28TH Street #3D, Apt 3D $1,910,000 2 BR Sep 10, 2026
450 W 17th Street #1123 450 W 17th Street #1123, Apt 1123 $1,250,000 1 BR Sep 10, 2026
485 W 22ND Street 485 W 22ND Street $5,400,000 5 BR Sep 10, 2026

Rental Market

21

Closed Rentals (30 Days)

$5,550/mo

Median Rent

Type Count Median Rent Range
Studio 11 $3,975/mo $3,000 - $5,950
1 BR 6 $7,400/mo $4,500 - $8,000
2 BR 3 $12,400/mo $11,800 - $18,000
3+ BR Limited data Limited data Limited data

Recent Transactions

252 W 30TH Street #6B 252 W 30TH Street #6B, Apt 6B $11,500/mo 3 BR Sep 28, 2026
364 W 19th Street #1D 364 W 19th Street #1D, Apt 1D $3,200/mo Studio Sep 28, 2026
280 W 24TH Street #5I 280 W 24TH Street #5I, Apt 5I $11,800/mo 2 BR Sep 24, 2026
280 W 24TH Street #9Q 280 W 24TH Street #9Q, Apt 9Q $7,700/mo 1 BR Sep 24, 2026
280 W 24TH Street #10F 280 W 24TH Street #10F, Apt 10F $5,750/mo Studio Sep 24, 2026
133 W 22ND Street #6G 133 W 22ND Street #6G, Apt 6G $7,400/mo 1 BR Sep 18, 2026
208 W 30TH Street #302 208 W 30TH Street #302, Apt 302 $8,000/mo 1 BR Sep 20, 2026
210 W 19TH Street #5E 210 W 19TH Street #5E, Apt 5E $4,500/mo 1 BR Sep 9, 2026
515 W 18th Street #911 515 W 18th Street #911, Apt 911 $18,000/mo 2 BR Sep 16, 2026
280 W 24TH Street #8D 280 W 24TH Street #8D, Apt 8D $5,400/mo Studio Sep 15, 2026
280 W 24TH Street #10I 280 W 24TH Street #10I, Apt 10I $12,400/mo 2 BR Sep 15, 2026
280 W 24TH Street #8O 280 W 24TH Street #8O, Apt 8O $5,950/mo Studio Sep 15, 2026
280 W 24TH Street #9A 280 W 24TH Street #9A, Apt 9A $7,400/mo 1 BR Sep 15, 2026
280 W 24TH Street #9H 280 W 24TH Street #9H, Apt 9H $5,550/mo Studio Sep 15, 2026
555 W 23RD Street #S9K 555 W 23RD Street #S9K, Apt S9K $4,250/mo Studio Sep 15, 2026
327 W 30th Street #4C 327 W 30th Street #4C, Apt 4C $3,100/mo Studio Sep 15, 2026
456 W 22nd Street #2c 456 W 22nd Street #2c, Apt 2c $3,975/mo Studio Sep 14, 2026
255 W 14th Street #4A 255 W 14th Street #4A, Apt 4A $5,300/mo 1 BR Sep 14, 2026
255 W 14th Street #5G 255 W 14th Street #5G, Apt 5G $3,900/mo Studio Sep 11, 2026
320 W 30th Street #4E 320 W 30th Street #4E, Apt 4E $3,100/mo Studio Sep 9, 2026
364 W 19th Street #1A 364 W 19th Street #1A, Apt 1A $3,000/mo Studio Sep 2, 2026

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RLS at REBNY 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.

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