Chelsea recorded 33 closed sales in the last 30 days at a median close price of $1.77M. Active inventory stands at 291 listings with a median asking price of $1.55M ($1,945/sqft). Condos dominate at 51% of inventory. 32.5% price reductions among active listings. 14 new listings hit the market this week, while 125 properties are under contract. At current absorption rates, Chelsea has approximately 8.8 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: $1.55M Median
Milton Coste
Live from REBNY/RLS
October 16, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
291
Active Listings
$1.55M
Median Asking
33
Sold (30 Days)
8.8
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 291 |
| Pending Sales | 125 |
| Median Asking Price | $1.55M |
| Median Price/Sqft | $1,945 |
| Avg Days on Market | N/A |
| New This Week | 14 |
| Price Reduced | 65 (32.5%) |
| Sold (Last 30 Days) | 33 |
| Sold (Last 90 Days) | 116 |
| Median Sale Price (90d) | $1.77M |
| Sale-to-List Ratio | 99.6% |
| Months of Supply | 8.8 (buyer's market) |
Property Mix
Condo 51% (101)
Co-op 44% (88)
Condop 2% (4)
Recent Transactions
Rental Market
16
Closed Rentals (30 Days)
$7,400/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | 6 | $4,400/mo | $3,100 - $8,300 |
| 1 BR | 6 | $7,450/mo | $4,350 - $8,000 |
| 2 BR | 3 | $11,800/mo | $6,000 - $13,500 |
| 3+ BR | Limited data | Limited data | Limited data |
Recent Transactions
|
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 |
|
252 W 30TH Street #6B, Apt 6B | $11,500/mo | 3 BR | Sep 28, 2026 |
|
364 W 19th Street #1D, Apt 1D | $3,200/mo | Studio | Sep 28, 2026 |
|
280 W 24TH Street #5I, Apt 5I | $11,800/mo | 2 BR | Sep 24, 2026 |
|
280 W 24TH Street #9Q, Apt 9Q | $7,700/mo | 1 BR | Sep 24, 2026 |
|
280 W 24TH Street #10F, Apt 10F | $5,750/mo | Studio | Sep 24, 2026 |
|
133 W 22ND Street #6G, Apt 6G | $7,400/mo | 1 BR | Sep 18, 2026 |
|
208 W 30TH Street #302, Apt 302 | $8,000/mo | 1 BR | Sep 20, 2026 |
Want this report in your inbox?
Get monthly market updates for Chelsea delivered free.
Active Listings in Chelsea
View All
$720,000
100 W 15th Street #2-B
Studio
1 bath
Co-op
$349,000
451 W 22ND Street #3R
Studio
1 bath
Co-op
$3,900,000
420 W 25th Street #PHA
2 beds
3 baths
1,985 sqft
Condo
$1,950,000
121 W 20TH Street #2D
1 bed
2 baths
1,650 sqft
Condo
$1,895,000
450 W 23RD Street #E
2 beds
3 baths
Co-op
$13,900,000
555 W 22nd Street #19AW
3 beds
4 baths
3,004 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.