In November 2017, there were 10 homes sold, with a median sale price of $1,176,875 - a 52.2% decrease over the $2,462,500 median sale price for the same period of the previous year. There were eight homes sold in Chelsea in November 2016.
The following table compares Chelsea to other New York County cities with similar median sales prices in November 2017:
City | Nov. 2017 Home Sales | Nov. 2016 Home Sales | % change (Total Home Sales) | Nov. 2017 Median Sales Price | Nov. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
West Village | 7 | 7 | 0% | $1,580,000 | $1,866,600 | -15.4% |
Gramercy Park | 3 | 7 | -57.1% | $1,390,000 | $1,152,500 | 20.6% |
Greenwich Village | 5 | 4 | 25% | $1,285,000 | $1,325,000 | -3% |
Murray Hill | 6 | 5 | 20% | $1,267,500 | $890,000 | 42.4% |
Lower East Side | 1 | 2 | -50% | $1,245,000 | $1,235,000 | 0.8% |
Chelsea | 10 | 8 | 25% | $1,176,875 | $2,462,500 | -52.2% |
Kips Bay | 4 | 4 | 0% | $1,140,500 | $942,500 | 21% |
Clinton/Hell's Kitchen | 12 | 12 | 0% | $1,134,548.50 | $808,000.50 | 40.4% |
Little Italy | 1 | 0 | - | $1,100,000 | $0 | - |
Upper West Side | 23 | 25 | -8% | $1,020,000 | $1,250,000 | -18.4% |
Midtown East/Turtle Bay | 16 | 6 | 166.7% | $1,013,750 | $952,500 | 6.4% |