Chelsea recorded 34 closed sales in the last 30 days at a median close price of $1.80M. Active inventory stands at 289 listings with a median asking price of $1.55M ($1,948/sqft). Condos dominate at 50% of inventory. 33.5% price reductions among active listings. 11 new listings hit the market this week, while 124 properties are under contract. At current absorption rates, Chelsea has approximately 8.5 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 15, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
289
Active Listings
$1.55M
Median Asking
34
Sold (30 Days)
8.5
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 289 |
| Pending Sales | 124 |
| Median Asking Price | $1.55M |
| Median Price/Sqft | $1,948 |
| Avg Days on Market | N/A |
| New This Week | 11 |
| Price Reduced | 67 (33.5%) |
| Sold (Last 30 Days) | 34 |
| Sold (Last 90 Days) | 115 |
| Median Sale Price (90d) | $1.80M |
| Sale-to-List Ratio | 99.6% |
| Months of Supply | 8.5 (buyer's market) |
Property Mix
Condo 50% (99)
Co-op 45% (90)
Condop 2% (4)
Recent Transactions
Rental Market
17
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 | 4 | $12,650/mo | $6,000 - $18,000 |
| 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 |
|
515 W 18th Street #911, Apt 911 | $18,000/mo | 2 BR | Sep 16, 2026 |
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Active Listings in Chelsea
View All
$675,000
140 7th Avenue #4-S
Studio
1 bath
480 sqft
Condo
$1,250,000
540 W 28th Street #8H
1 bed
1 bath
781 sqft
Condo
$1,850,000
540 W 28th Street #2B
2 beds
2 baths
1,181 sqft
Condo
$13,900,000
555 W 22nd Street #19AW
3 beds
4 baths
3,004 sqft
Condo
$799,000
161 W 16th Street #10J
Studio
1 bath
Co-op
$699,000
400 W 23rd Street #4M
1 bed
1 bath
Co-op
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.