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Empire State Today

Wednesday, January 1, 2025

Chelsea home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Chelsea rose by $799,000 while total sales remained unchanged with 13 homes sold, according to BlockShopper.com.

In July 2017, there were 13 homes sold, with a median sale price of $1,974,000 - a 68% increase over the $1,175,000 median sale price for the same period of the previous year. There were 13 homes sold in Chelsea in July 2016, as well.

The following table compares Chelsea to other New York County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
TriBeCa131118.2%$2,750,000$1,974,00039.3%
Flatiron25-60%$2,499,500$1,425,60075.3%
Gramercy Park3250%$2,430,000$1,095,000121.9%
Chinatown12-50%$2,400,000$562,500326.7%
Carnegie Hill6520%$2,250,000$1,800,00025%
Chelsea13130%$1,974,000$1,175,00068%
Lincoln Square1617-5.9%$1,832,500$1,405,00030.4%
SoHo5425%$1,735,000$4,237,500-59.1%
Upper East Side151225%$1,640,000$949,00072.8%
Wall Street58-37.5%$1,635,000$990,00065.2%
Greenwich Village5425%$1,595,000$3,230,000-50.6%

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