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.
Chelsea Market Report May 2026: $1.70M Median
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
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
Recent Transactions
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161 W 16TH Street #6G, Apt 6G | $1,115,000 | 1 BR | Sep 28, 2026 |
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551 W 21st Street #4D, Apt 4D | $2,100,000 | 1 BR | Sep 28, 2026 |
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519 W 23RD Street #7, Apt 7 | $2,850,000 | 2 BR | Sep 25, 2026 |
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140 W 22nd Street #4F, Apt 4F | $1,825,000 | 2 BR | Sep 18, 2026 |
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522 W 29th Street #4D, Apt 4D | $2,250,000 | 2 BR | Sep 25, 2026 |
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166 W 22nd Street #1F, Apt 1F | $460,000 | Studio | Sep 25, 2026 |
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252 7th Avenue #3M, Apt 3M | $1,330,000 | 1 BR | Sep 25, 2026 |
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319 W 18th Street #5I, Apt 5I | $750,000 | 1 BR | Sep 24, 2026 |
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465 W 23rd Street #10A, Apt 10A | $925,000 | 1 BR | Sep 24, 2026 |
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77 7TH Avenue #4L, Apt 4L | $535,000 | Studio | Sep 4, 2026 |
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257 W 17th Street #7AB, Apt 7AB | $9,000,000 | 5 BR | Sep 9, 2026 |
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655 6TH Avenue #2E, Apt 2E | $2,950,000 | 2 BR | Sep 23, 2026 |
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130 W 30TH Street #18A, Apt 18A | $4,995,000 | 4 BR | Sep 22, 2026 |
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334 W 17TH Street #1W, Apt 1W | $725,000 | 1 BR | Sep 14, 2026 |
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410 W 24TH Street #11GHK, Apt 11GHK | $2,300,000 | 3 BR | Sep 18, 2026 |
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170 W 23rd Street #5R, Apt 5R | $580,000 | Studio | Sep 19, 2026 |
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555 W 22nd Street #PH24W, Apt PH24W | $27,500,000 | 4 BR | Sep 18, 2026 |
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525 W 22ND Street #PHD, Apt PHD | $6,750,000 | 4 BR | Sep 16, 2026 |
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517 W 29th Street #5E, Apt 5E | $1,550,000 | 2 BR | Sep 16, 2026 |
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420 W 25TH Street #4G, Apt 4G | $1,940,000 | 3 BR | Sep 17, 2026 |
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133 W 22nd Street #8C, Apt 8C | $1,488,000 | 1 BR | Sep 17, 2026 |
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201 W 16th Street #3C, Apt 3C | $505,000 | Studio | Sep 15, 2026 |
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252 7th Avenue #5R, Apt 5R | $2,550,000 | 2 BR | Sep 15, 2026 |
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444 W 19TH Street #502, Apt 502 | $1,120,000 | 1 BR | Sep 11, 2026 |
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420 W 25TH Street #7F, Apt 7F | $1,100,000 | 1 BR | Sep 14, 2026 |
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210 W 21st Street #2FW, Apt 2FW | $1,250,000 | 3 BR | Sep 14, 2026 |
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655 6th Avenue #5D, Apt 5D | $2,650,000 | 2 BR | Sep 10, 2026 |
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540 W 28TH Street #3D, Apt 3D | $1,910,000 | 2 BR | Sep 10, 2026 |
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450 W 17th Street #1123, Apt 1123 | $1,250,000 | 1 BR | Sep 10, 2026 |
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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
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252 W 30TH Street #6B, Apt 6B | $11,500/mo | 3 BR | Sep 28, 2026 |
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364 W 19th Street #1D, Apt 1D | $3,200/mo | Studio | Sep 28, 2026 |
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280 W 24TH Street #5I, Apt 5I | $11,800/mo | 2 BR | Sep 24, 2026 |
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280 W 24TH Street #9Q, Apt 9Q | $7,700/mo | 1 BR | Sep 24, 2026 |
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280 W 24TH Street #10F, Apt 10F | $5,750/mo | Studio | Sep 24, 2026 |
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133 W 22ND Street #6G, Apt 6G | $7,400/mo | 1 BR | Sep 18, 2026 |
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208 W 30TH Street #302, Apt 302 | $8,000/mo | 1 BR | Sep 20, 2026 |
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210 W 19TH Street #5E, Apt 5E | $4,500/mo | 1 BR | Sep 9, 2026 |
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515 W 18th Street #911, Apt 911 | $18,000/mo | 2 BR | Sep 16, 2026 |
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280 W 24TH Street #8D, Apt 8D | $5,400/mo | Studio | Sep 15, 2026 |
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280 W 24TH Street #10I, Apt 10I | $12,400/mo | 2 BR | Sep 15, 2026 |
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280 W 24TH Street #8O, Apt 8O | $5,950/mo | Studio | Sep 15, 2026 |
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280 W 24TH Street #9A, Apt 9A | $7,400/mo | 1 BR | Sep 15, 2026 |
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280 W 24TH Street #9H, Apt 9H | $5,550/mo | Studio | Sep 15, 2026 |
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555 W 23RD Street #S9K, Apt S9K | $4,250/mo | Studio | Sep 15, 2026 |
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327 W 30th Street #4C, Apt 4C | $3,100/mo | Studio | Sep 15, 2026 |
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456 W 22nd Street #2c, Apt 2c | $3,975/mo | Studio | Sep 14, 2026 |
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255 W 14th Street #4A, Apt 4A | $5,300/mo | 1 BR | Sep 14, 2026 |
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255 W 14th Street #5G, Apt 5G | $3,900/mo | Studio | Sep 11, 2026 |
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320 W 30th Street #4E, Apt 4E | $3,100/mo | Studio | Sep 9, 2026 |
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364 W 19th Street #1A, Apt 1A | $3,000/mo | Studio | Sep 2, 2026 |
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Active Listings in Chelsea
View All$775,000
85 8TH Avenue #3F
$590,000
201 W 21st Street #12C
$1,600,000
228 W 21st Street #2
$650,000
460 W 23RD Street #4B
$2,500,000
444 W 23rd Street #C
$2,975,000
249 W 29TH Street #7N
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.