Data Powered by
Domi Data™ Luxury Lines
Manhattan Luxury:
West Chelsea · June 2026
Domi Data™ Luxury LinesManhattan-wide · as of June 2026
Luxury signed contracts at $4.98M and above. Each neighborhood is measured against Manhattan Luxury signed contracts on a rolling 12-month basis.
Luxury
Top 10%
$4.98M+
Prime
Top 5%
$7.11M+
Trophy
Top 1%
$18.24M+
Tier cutoffs update weekly as new contracts enter the trailing 12-month window.
5*
Luxury Contracts Signed · This Month
53-mo avg / mo
flat vs 3mo
412-mo avg / mo
▲ 25% vs 12mo
Running above its 3-month and 12-month pace. A solid month for West Chelsea luxury. (a 1-deal swing on a small base) The underlying pace has also cooled 20% versus a year ago.
$57M*
Luxury Dollar Volume · This Month
$52M3-mo avg / mo
▲ 10% vs 3mo
$42M12-mo avg / mo
▲ 36% vs 12mo
Running well above both its 3-month and 12-month pace. A strong month for West Chelsea luxury. The underlying pace has also cooled 16% versus a year ago.
3 flat MoM
Cleared Prime (top 5%)
$7.11M+
$7.11M+
1
Cleared Trophy (top 1%)
$18.24M+
$18.24M+
$3,006 ▲ 11% MoM
Median price
per sq ft
per sq ft
262* ▲ 150% MoM
Avg DOM
luxury tier
luxury tier
Volume held above its trailing average this month even as median deal price eased slightly from May and days on market lengthened.
* Provisional - there can be some recording lag, so the current month may revise upward.
This month's headliners · June 2026
Top West Chelsea Deals This Month
West Chelsea's highest signed-contract prices this month.
Address
SF
$ / SF
DOM
Type
Price
500 West 18th Street, Unit WEST TOWER - PH35B
5,059 sf
$5,258/sf
51d
Condo
$26,600,000
500 West 18th Street, Unit WEST TOWER - 22C
2,638 sf
$3,789/sf
923d
Condo
$9,995,000
500 West 18th Street, Unit WEST TOWER - 17C
2,787 sf
$3,463/sf
744d
Condo
$9,650,000
Trailing 12 months · demand · June 2026
West Chelsea Luxury Contract Activity
Monthly signed contracts at or above the Manhattan Luxury threshold ($4.98M, trailing 12 months as of June 2026). This is a borough-wide cutoff applied equally to every neighborhood. The line tracks the 3-month rolling average.
Market structure · June 2026
The Luxury Lines
Three tiers defined by the trailing 12 months of Manhattan-wide signed contracts. These entry prices are Manhattan thresholds, not West Chelsea's own line. Thresholds update weekly as new data enters the window.
Luxury
$4.98M
Manhattan · top 10%
▼ 2% YoY▲ 2% MoM
Avg price / sq ft
$2,898
▼ 2% YoYflat MoM
Volume · 12 months
$11.06B
flat YoY▼ 2% MoM
Cleared · 12 months
54
▼ 11% YoY▲ 2% MoM
Prime
$7.11M
Manhattan · top 5%
▼ 6% YoYflat MoM
Avg price / sq ft
$3,484
▼ 2% YoYflat MoM
Volume · 12 months
$8.02B
▲ 3% YoY▲ 1% MoM
Cleared · 12 months
27
▼ 16% YoYflat MoM
Trophy
$18.24M
Manhattan · top 1%
▼ 4% YoYflat MoM
Avg price / sq ft
$5,366
▼ 3% YoYflat MoM
Volume · 12 months
$3.24B
▲ 3% YoY▲ 4% MoM
Cleared · 12 months
6
▲ 50% YoY▼ 14% MoM
Luxury ($4.98M+)
Prime ($7.11M+)
Trophy ($18.24M+)
Quarterly signed contracts clearing each Manhattan threshold · West Chelsea · Q2 2022–Q3 2026 · Q3 2026* = partial quarter through July
West Chelsea · month over month · June 2026
West Chelsea Market Pulse
ACTIVE
19*
Signed Contracts · West Chelsea
▼ 11% YoY YoY▲ 12% MoM MoM
vs 12-month avg · 18 contracts/month
$82M*
Total Dollar Volume · West Chelsea
▼ 15% YoY YoY▲ 6% MoM MoM
vs 12-month avg · ~$71M/month
Condos
Signed contracts*
16
▼ 18% YoY▲ 45% MoM
Recorded sales
18
▼ 25% YoY▲ 38% MoM
Avg price / sq ft
$2,504
▼ 11% YoY▲ 28% MoM
Discount from ask
-7.4%
flat YoYflat MoM
Avg DOM · all sales
141
▲ 32d YoY▲ 55d MoM
Co-ops
Signed contracts*
3
▲ 14% YoY▼ 50% MoM
Recorded sales
9
▲ 15% YoY▲ 80% MoM
Avg price / sq ft
$1,370
▼ 9% YoY▲ 69% MoM
Discount from ask
-5.9%
flat YoYflat MoM
Avg DOM · all sales
75
▼ 17d YoY▼ 15d MoM
Townhousesno activity
Signed contracts
No qualifying contracts
Recorded sales
No qualifying contracts
Avg price / sq ft
—
Discount from ask
—
Avg DOM · all sales
—
Unit breakdown · June 2026
Contracts and Volume by Unit Size
Where activity concentrates in West Chelsea's contract market by bedroom count. Includes all price tiers.
Dollar volume
Contracts signed
Neighborhood rank · trailing 12 months · June 2026
West Chelsea's Manhattan Position
Where West Chelsea ranks among Manhattan neighborhoods by luxury dollar volume, and how its price profile compares to the Manhattan benchmark.
#9
Manhattan Rank · Luxury Dollar Volume
Down Down from #8 a year ago
24%
54 of the 223 trailing contracts in West Chelsea cleared the Manhattan Luxury (Top 10%) threshold
trailing 12 months, as of Jul 18, 2026
$7.25M
West Chelsea Local Luxury Line · Median
▲ +46% above the Manhattan threshold of $4.98M (trailing 12 months, as of Jul 18, 2026)
What this means for you
West Chelsea ranks 9th in Manhattan for luxury intensity, just behind Soho at 32%. Its local luxury line is $7.25M, 46% above the borough threshold of $4.98M. That gap has narrowed to 46% above the borough threshold, from 65% a year ago. West Chelsea's own median fell 14.7% over the past year while Manhattan's threshold fell 3.1%, so West Chelsea closed some of the distance rather than the gap holding steady.
Sellers: Measure your price against West Chelsea's own tier, not the Manhattan floor.
Buyers: The entry point here sits well above Manhattan's luxury line, so judge value on West Chelsea comps.
West Chelsea supply · active listings · June 2026
Supply and Absorption
How much inventory exists in West Chelsea, how fast it's moving, and what that means for buyers and sellers right now.
Luxury market · Manhattan $4.98M+
Active listings
46
▼ 12% YoY▲ 7% MoM
Months of supply
10.8mo
▲ 6% YoY▲ 26% MoM
9+ Months = Luxury Buyer's Market
Monthly absorption
10.9%
▼ 5% YoY▼ 6% MoM
12-Month Average Contract Pace vs. Active Supply
All West Chelsea residential
Active listings
137
▼ 15% YoY▲ 10% MoM
Months of supply
7.7mo
▼ 5% YoY▲ 5% MoM
6+ Months = Buyer's Market
Monthly absorption
13.9%
▲ 5% YoYflat MoM
12-Month Average Contract Pace vs. Active Supply
What this means for you
At ~11 months of luxury supply, West Chelsea is a buyer's market and sits looser than the borough. Buyers hold the leverage.
Sellers: Price to current market activity.
Buyers: There is room to negotiate on price and terms, and look closely within the submarket. Building-by-building comps carry the clearest signal.
Absorption Rate · 12 Months
Monthly absorption
12-mo avg
Monthly absorption rate · West Chelsea luxury · Jul 2025 – Jun 2026 · Jun at 10.9% vs 9.1% trailing average
Active Luxury Supply · 12 Months
Weekly active Luxury (top 10%) listings, $4.98M+ in West Chelsea.
Active listings ≥$4.98M · West Chelsea · weekly snapshots · Current: 46
Days on Market · 12 Months
Monthly avg DOM (weighted) · West Chelsea contracts ≥ Manhattan luxury floor · Jul 2025 – Jun 2026 · 12-month avg = 221 days.
What this means for you
West Chelsea luxury contracts are taking about 262 days from listing to signing, sitting notably longer than the past year. Well-priced residences still move; the overpriced ones wait.
Sellers: Time on market is the market answering your price.
Buyers: A longer-sitting listing is where your negotiating room lives.
The confirmation layer
Explore the Data
Recorded sales, price history, and unit-size breakdowns. The lagging view that confirms the contract signals above.
These modules confirm the contract-based figures above using recorded closings, a lagging but verified read on the same market. Gaps in a series indicate weeks with no qualifying signed contracts for that property type.