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Friday, January 10, 2025

Chelsea home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Chelsea rose by $455,000 while total sales increased by 30.8%, according to BlockShopper.com.

In January 2018, there were 17 homes sold, with a median sale price of $1,450,000 - a 45.7% increase over the $995,000 median sale price for the same period of the previous year. There were 13 homes sold in Chelsea in January 2017.

The following table compares Chelsea to other New York County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Flatiron440%$1,807,500$1,175,00053.8%
Lenox Hill191258.3%$1,750,000$1,290,00035.7%
Chinatown40-$1,652,500$0-
Washington Heights12-50%$1,555,000$820,00089.6%
Central Harlem8714.3%$1,505,000$775,00094.2%
Chelsea171330.8%$1,450,000$995,00045.7%
Lincoln Square181428.6%$1,400,000$2,187,500-36%
Hamilton Heights220%$1,377,500$3,343,250-58.8%
Gramercy Park21100%$1,325,000$2,275,000-41.8%
East Harlem12-50%$1,325,000$725,00082.8%
Murray Hill1014-28.6%$1,307,500$1,168,50011.9%

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