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Chelsea Market Trends

Today, November 28, 2009

Median Sales Price in Chelsea

Embed Info
1 yr 5 yr Max
Chelsea median sales prices
Number of sold homes in Chelsea
NeighborhoodAug - Oct '09y-o-y3 months prior1 year prior5 years prior
Chelsea$1,136,000-26.7%$1,187,500$1,550,000$1,250,000
New York$950,000-9.5%$975,000$1,050,000$631,408
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Chelsea Summary

The median sales price for homes in Chelsea for Aug 09 to Oct 09 was $1,136,000. This represents a decline of 4.3%, or $51,500, compared to the prior quarter and a decrease of 26.7% compared to the prior year. Sales prices have depreciated 9.1% over the last 5 years in Chelsea, New York.

The median sales price of $1,136,000 for Chelsea is 19.58% higher than the median sales price for New York NY. Average listing price for homes on Trulia in Chelsea was $1,821,143 for the week ending Nov 18, which represents a decline of 2.6%, or $48,768 compared to the prior week and a decline of 0.5%, or $10,038, compared to the week ending Oct 28. Average price per square foot for homes in Chelsea was $986 in the most recent quarter, which is 13.74% lower than the average price per square foot for homes in New York.

 

Average Listing Price in Chelsea

Embed Info
1 yr 5 yr Max
Chelsea average property price
Chelsea – number of properties
NeighborhoodWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
Chelsea$1,821,143-2.6%$1,869,911$1,829,958$1,831,181
New York$1,860,299-3.8%$1,934,317$1,971,035$1,977,428
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Average Price Per Sqft for Homes in Chelsea

Embed Info
1 yr 5 yr Max
Chelsea average price per square foot
NeighborhoodAug - Oct '09y-o-y3 months prior1 year prior5 years prior
Chelsea$986-18.3%$1,008$1,207$837
New York$1,143-11.0%$1,164$1,284$778
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Popular Neighborhoods in New York

Neighborhoods Week ending
Nov 18
w-o-w Week ending
Nov 11
Week ending
Nov 4
Upper East Side 1 — 1 1
Upper West Side 2 — 2 2
Harlem 3 — 3 3
Chelsea 4 +2 6 6
Greenwich Village 5 — 5 5
West Village 6 -2 4 4

Homes for Sale in Chelsea

140 West 22nd Street, New York NY
140 W 22nd…
$1,275,000
1 br  2 ba
555 West 23rd Street #S9K, New York NY
555 W 23rd…
$539,000
  1 ba
Address Not Disclosed, New York NY
Address Not…
$1,395,000
2 br  2 ba
Address Not Disclosed, New York NY
Address Not…
$839,000
1 br  1 ba
Address Not Disclosed, New York NY
Address Not…
$1,875,000
2 br  2 ba
410 West 24th Street #11B, New York NY
410 W 24th…
$529,000
  1 ba
View all Chelsea Homes for Sale
 
Stats & Trends
Chelsea, New York

Real Estate Overview

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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Flatiron District
$1,175,000
$3,826,184
Garment District
$725,000
$2,080,591
West Village
$1,625,000
$2,966,698
Midtown South Central
$816,500
$1,649,287
Greenwich Village
$1,525,000
$1,706,763
Gramercy Park
$1,050,000
$1,811,600

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.