$8.50Mmedian deal, above the $7.10M borough luxury median▲ 20%
Trailing 12 months as of August 31, 2026. Ranks cover neighborhoods with at least 11 luxury contracts over the trailing 52 weeks.
Market structure · August 2026
The Luxury Lines
Three tiers measured by the trailing 12 months of Manhattan-wide signed contracts. These entry prices are Manhattan-wide thresholds, not West Chelsea's own line — paired here with West Chelsea's own trailing-12-month contract count, average price per square foot, and dollar volume against each tier. Thresholds update weekly as new data enters the window.
LUXURY (TOP 10%)
$4.89M+Current floor
27
Contracts · Trailing 12 mo. · West Chelsea
Avg price / sq ft · West Chelsea
$2,698
Volume · 12 months · West Chelsea
$166.4M
PRIME (TOP 5%)
$7.37M+Current floor
24
Contracts · Trailing 12 mo. · West Chelsea
Avg price / sq ft · West Chelsea
$3,378
Volume · 12 months · West Chelsea
$247.9M
TROPHY (TOP 1%)
$18.12M+Current floor
6
Contracts · Trailing 12 mo. · West Chelsea
Avg price / sq ft · West Chelsea
$4,811
Volume · 12 months · West Chelsea
$153.1M
West Chelsea Pace · Trailing 12 Months
5flat vs 12mo
12-mo avg contracts/mo
5 a year ago
$46M▼ 3% vs 12mo
12-mo avg volume/mo
$47.66M a year ago
4.3▲ 40% vs 3mo
3-mo avg contracts/mo
This month's 6 vs. the 4.3 pace
$45.1M▲ 15% vs 3mo
3-mo avg volume/mo
vs. $46M 12-mo avg
West Chelsea Luxury Pricing (Top 10%) · August 2026
$3,321▼ 12% MoM
Median Price Per Sq Ft, Top 10%
Jul: $3,790
$8.63M▼ 41% MoM
Median Luxury Deal Price, Top 10%
Jul: $14.55M
Both figures cover contracts at or above the Top 10% line, currently $4.89M.
This month's headliners · August 2026
Top West Chelsea Deals
West Chelsea's highest signed-contract prices this month.
Address
SF
$/SF
DOM
Type
Price
500 West 18th Street, East Tower 22B
3,373
$3,623/SF
816d
condo
$12.22M
500 West 18th Street, West Tower 22A
2,345
$4,670/SF
80d
condo
$10.95M
500 West 18th Street, East Tower 21B
2,685
$3,186/SF
0d
condo
$8.56M
West Chelsea Luxury Momentum · Sep '25–Aug '26
Signed contracts at or above the Manhattan Luxury (Top 10%) line ($4.89M), month by month.
Choose a metric to redraw the chart. Hover a point for the exact reading.
Line chart of West Chelsea monthly qualifying contracts covering 12 periods from Sep '25 to Aug '26. Manhattan Luxury (Top 10%) rises from 3 in Sep '25 to 6 in Aug '26, up 100 percent, peaking at 7 in Oct '25 and bottoming at 1 in Jul '26.
West Chelsea monthly qualifying contracts
Month
Contracts
Qualifying deals
Sep '25
3
3
Oct '25
7
7
Nov '25
4
4
Dec '25
4
4
Jan '26
3
3
Feb '26
6
6
Mar '26
4
4
Apr '26
6
6
May '26
5
5
Jun '26
6
6
Jul '26
1
1
Aug '26
6
6
Each point counts only contracts clearing the Manhattan-wide luxury line. Months with no qualifying deals are left blank rather than plotted at zero. 1 month in this range had fewer than three deals; read those points as thin, not as a collapse.
Luxury segment total · August 2026What countsAll contracts at or above the Top 10% line, currently $4.89M. The three columns assign each contract once: Luxury is Top 10% to 5%, Prime is Top 5% to 1%, and Trophy is Top 1%.
6
Contracts
▲ 500% MoM
$51.77M
Dollar volume
▲ 28% MoM
Luxury · Top 10% to 5%
$4.89M▼ 4% YoY
Contracts
2
Volume
$12.15M
Blended $ / sq ft
$2,874
Avg days on market
126 days
Prime · Top 5% to 1%
$7.37M▼ 7% YoY
Contracts
4
Volume
$39.63M
Blended $ / sq ft
$3,544
Avg days on market
80 days
Trophy · Top 1%
$18.12M▲ 1% YoY
Contracts
0
Volume
$0
Blended $ / sq ft—
Avg days on market—
Demand is accelerating, with the top of the market leading.
West Chelsea's Manhattan position
West Chelsea ranks 8th for luxury dollar volume over the trailing 12 months among Manhattan neighborhoods with steady luxury activity, a measure of how much money moves through the neighborhood. It ranks 3rd for luxury intensity, the share of its contracts clearing the Manhattan Luxury (Top 10%) price line, just ahead of west village at 22.5%: 0 of undefined trailing contracts, or 0%. Size and concentration are different things, so a neighborhood can move large dollar volume without a high share of its deals clearing the luxury line. The median of those West Chelsea deals is $8.50M, 20% above the $7.10M median for all Manhattan Luxury (Top 10%) deals.
Sellers: Measure against qualified West Chelsea luxury deals and the Manhattan Luxury (Top 10%) median.
Buyers: Compare like with like, using deals above the same Manhattan Luxury (Top 10%) price line.
West Chelsea · month over month · August 2026
West Chelsea Market Pulse All Price Points
16*
Signed contracts · West Chelsea
▼ 27% MoM
vs 12-mo avg
$72.17M*
Total dollar volume · West Chelsea
▲ 28% MoM
vs 12-mo avg
Condos
Signed contracts*
14
-22.2% MoM
Recorded sales
24
+71.4% MoM
Avg $/sq ft
$1,948
-9.5% MoM
Discount from ask
-10.5%
down 5.4pp MoM
Avg DOM · all sales
153d
down 21d MoM
Co-ops
Signed contracts*
2
-50.0% MoM
Recorded sales
1
-85.7% MoM
Avg $/sq ft
—
Discount from ask
-7.7%
down 1.7pp MoM
Avg DOM · all sales
25d
down 62d MoM
Townhouses
Signed contracts*
0
Recorded sales
1
Avg $/sq ft
$2,400
Discount from ask
-5.9%
Avg DOM · all sales
—
Unit breakdown · August 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
Donut chart of West Chelsea dollar volume by bedroom count across 4 categories totalling $72.2 million. Largest is 3-Bed at $31.4 million, 44 percent of the total. Smallest is 1-Bed at $6.5 million, 9 percent. Full breakdown: 3-Bed $31.4 million, 44 percent; 4+ Beds $20.8 million, 29 percent; 2-Bed $13.5 million, 19 percent; 1-Bed $6.5 million, 9 percent.
West Chelsea dollar volume by bedroom count
Bedrooms
Dollar volume
1-Bed
$6.46M
2-Bed
$13.52M
3-Bed
$31.41M
4+ Beds
$20.77M
Contracts signed
Donut chart of West Chelsea contracts signed by bedroom count across 4 categories totalling 16. Largest is 1-Bed at 5, 31 percent of the total. Smallest is 4+ Beds at 2, 13 percent. Full breakdown: 1-Bed 5, 31 percent; 3-Bed 5, 31 percent; 2-Bed 4, 25 percent; 4+ Beds 2, 13 percent.
West Chelsea contracts signed by bedroom count
Bedrooms
Contracts
1-Bed
5
2-Bed
4
3-Bed
5
4+ Beds
2
What this means for you
3-Bed residences accounted for 44% of West Chelsea's luxury dollars this month on 5 contracts. 1-Bed residences were the most frequent trade, with 5 contracts. Sellers of 3-Bed should price against the small set of comparable large-format sales rather than the neighborhood median. Buyers at 1-Bed are working in the deepest part of this market, so assume other offers on anything priced correctly.
West Chelsea supply · active listings · August 2026
Supply and Absorption
What inventory exists in West Chelsea, how fast it's moving, and what that means for buyers and sellers right now.
Luxury market · Manhattan $4.89M+
Active listings
34
-38.2% YoY
Months of supply
5.7mo
9+ months = Luxury Buyer's Market
Monthly absorption
17.6%
12-mo contract pace vs. active supply
All West Chelsea residential
Active listings
90
-37.5% YoY
Months of supply
5.6mo
6+ months = Buyer's Market
Monthly absorption
17.8%
12-mo contract pace vs. active supply
Key Takeaway
At ~6 months of luxury supply, West Chelsea is a seller's market and sits in line with the borough. Good listings move quickly; sellers hold the leverage.
Sellers: Price to current activity, and a well-prepared listing still moves quickly.
Buyers: Bring financing ready and expect competition on anything priced right. Look closely within your submarket. Building-by-building comps carry the clearest signal.
Your Next Step
Your residence may not move with the neighborhood average. Please for a comparative read on your address.
The confirmation layer
Explore the Data
Recorded sales, price history, and unit-size breakdowns. The lagging view that confirms the contract signals above.
West Chelsea Luxury Quarterly Contracts by Tier
West Chelsea · fixed Manhattan-wide cutoffs · 2022-04-01–2026-07-01*
Line chart of West Chelsea luxury quarterly contracts by tier covering 18 periods from 2022-04-01 to 2026-07-01. $4.89M+ falls from 26 in 2022-04-01 to 7 in 2026-07-01, down 73 percent, peaking at 31 in 2023-04-01 and bottoming at 4 in 2022-10-01. $7.37M+ falls from 13 in 2022-04-01 to 5 in 2026-07-01, down 62 percent, peaking at 16 in 2024-10-01 and bottoming at 2 in 2022-10-01. $18.12M+ falls from 2 in 2022-04-01 to 0 in 2026-07-01, down 100 percent, peaking at 4 in 2023-10-01 and bottoming at 0 in 2022-07-01.
West Chelsea luxury quarterly contracts by tier
Quarter
$4.89M+
$7.37M+
$18.12M+
2022-04-01
26
13
2
2022-07-01
22
9
0
2022-10-01
4
2
0
2023-01-01
13
4
0
2023-04-01
31
12
3
2023-07-01
21
7
1
2023-10-01
25
12
4
2024-01-01
21
10
2
2024-04-01
24
10
2
2024-07-01
13
6
1
2024-10-01
22
16
2
2025-01-01
12
5
0
2025-04-01
21
9
1
2025-07-01
7
3
0
2025-10-01
15
8
4
2026-01-01
13
5
1
2026-04-01
17
10
1
2026-07-01
7
5
0
Weekly Sales · Price
By property type
Line chart of West Chelsea Weekly Sales · Price by property type covering 51 periods from 2025-09-08 to 2026-08-31. Condo falls from 3,425,250 in 2025-09-08 to 1,298,000 in 2026-08-31, down 62 percent, peaking at 19,500,000 in 2025-12-22 and bottoming at 1,156,294 in 2026-03-09. Co-op rises from 427,000 in 2025-09-15 to 3,810,000 in 2026-08-31, up 792 percent, peaking at 4,100,000 in 2026-08-17.
West Chelsea — Weekly Sales · Price by property type
Week
Condo
Co-op
Townhouse
2025-09-08
3,425,250
—
—
2025-09-15
1,503,333.333
427,000
—
2025-09-22
4,788,333.333
1,217,763
—
2025-09-29
4,028,083.333
535,000
—
2025-10-06
3,113,520.375
—
—
2025-10-13
2,800,000
—
—
2025-10-20
4,141,250
1,968,000
—
2025-10-27
2,950,000
—
—
2025-11-03
1,275,000
747,500
—
2025-11-10
3,626,000
987,250
—
2025-11-17
2,657,000
—
—
2025-11-24
10,322,375
543,293
—
2025-12-01
2,400,000
—
—
2025-12-08
2,850,000
1,520,000
—
2025-12-15
6,965,416.667
—
—
2025-12-22
19,500,000
2,500,000
—
2025-12-29
—
515,000
—
2026-01-05
3,371,875
—
—
2026-01-12
3,690,250
3,350,000
—
2026-01-19
2,813,625
873,750
—
2026-01-26
4,933,333.333
614,000
—
2026-02-02
4,398,222
1,348,500
—
2026-02-09
3,359,000
2,925,000
—
2026-02-16
2,225,000
550,000
—
2026-02-23
5,226,450.333
—
—
2026-03-02
4,767,500
—
—
2026-03-09
1,156,294
—
—
2026-03-16
3,975,000
1,570,000
—
2026-03-23
3,557,250
861,250
—
2026-03-30
3,211,666.667
1,582,500
—
2026-04-06
2,071,666.667
1,225,000
—
2026-04-13
4,890,000
1,464,500
—
2026-04-20
5,142,500
—
—
2026-04-27
2,050,000
895,000
—
2026-05-04
4,624,687.5
1,363,333.333
—
2026-05-11
1,484,125
—
—
2026-05-18
3,432,500
712,250
—
2026-05-25
1,880,000
—
—
2026-06-01
6,239,000
1,443,022.333
—
2026-06-08
2,087,500
1,257,577
—
2026-06-15
3,731,666.667
1,385,000
—
2026-06-22
7,704,166.667
712,500
—
2026-06-29
3,850,000
1,100,000
—
2026-07-06
3,923,250
—
—
2026-07-13
2,648,169
1,315,000
—
2026-07-20
7,850,000
—
—
2026-07-27
4,375,000
1,367,500
—
2026-08-03
2,600,625
—
—
2026-08-10
3,750,000
—
—
2026-08-17
5,800,000
4,100,000
—
2026-08-24
1,836,909.091
—
12,000,000
2026-08-31
1,298,000
3,810,000
—
■ Condo ■ Co-op ■ Townhouse
Weekly Sales · Discount
By property type
Line chart of West Chelsea Weekly Sales · Discount by property type covering 50 periods from 2025-09-08 to 2026-08-31. Condo rises from -9.175 in 2025-09-08 to -7.45 in 2026-08-31, up 19 percent, peaking at -1.35 in 2026-03-09 and bottoming at -26.8 in 2026-03-23. Co-op rises from -14.1 in 2025-09-15 to -1.8 in 2026-08-31, up 87 percent, peaking at 5.2 in 2026-06-22 and bottoming at -23.4 in 2026-03-30.
West Chelsea — Weekly Sales · Discount by property type
Week
Condo
Co-op
Townhouse
2025-09-08
-9.175
—
—
2025-09-15
-7.5
-14.1
—
2025-09-22
-6.55
-10.3
—
2025-09-29
-7.767
-1.8
—
2025-10-06
-5.15
—
—
2025-10-13
-4.6
—
—
2025-10-20
-8.8
—
—
2025-10-27
-6.5
—
—
2025-11-03
-3.3
-6.35
—
2025-11-10
-4.567
-4.5
—
2025-11-17
-6.975
—
—
2025-11-24
-15.017
-1.4
—
2025-12-01
-5.7
—
—
2025-12-08
—
-3.4
—
2025-12-15
-4.333
—
—
2025-12-22
-23.4
-1.8
—
2025-12-29
—
-7.2
—
2026-01-05
-8.725
—
—
2026-01-12
-7.25
—
—
2026-01-19
-8.2
-7.1
—
2026-01-26
-6.167
-2.6
—
2026-02-02
-4.167
-5.95
—
2026-02-09
-3.46
-13.1
—
2026-02-16
-6.2
—
—
2026-02-23
-6.867
—
—
2026-03-02
-4.9
—
—
2026-03-09
-1.35
—
—
2026-03-16
-6.16
-13.2
—
2026-03-23
-26.8
-7.367
—
2026-03-30
-14.65
-23.4
—
2026-04-06
-8.633
-10.9
—
2026-04-13
-8.2
-3.75
—
2026-04-20
-6.975
—
—
2026-04-27
-1.8
-1.8
—
2026-05-04
-5.4
-10.867
—
2026-05-11
-10.25
—
—
2026-05-18
-5.55
-6.95
—
2026-05-25
-7.5
—
—
2026-06-01
-2.2
-15.15
—
2026-06-08
-4.25
0.3
—
2026-06-15
-10.3
—
—
2026-06-22
-9.35
5.2
—
2026-06-29
-8.45
-6.1
—
2026-07-06
-7.133
—
—
2026-07-13
-3.033
-0.15
—
2026-07-20
-4.15
—
—
2026-07-27
-5.2
-8.875
—
2026-08-03
-11.633
—
—
2026-08-10
-9.675
—
—
2026-08-17
-7.45
-7.7
—
2026-08-24
-11.63
—
-5.9
2026-08-31
-7.45
-1.8
—
■ Condo ■ Co-op ■ Townhouse
Methodology & Notes
West Chelsea residential signed contracts, last asking price, trailing 12 months (TTM). · Luxury $4.89M / Prime $7.37M / Trophy $18.12M = Manhattan-wide top 10%, 5%, 1% of TTM contracts. Cutoffs update monthly. · August 2026 is the latest reporting month (provisional; may revise through ). · West Chelsea's local luxury line is the median of its own contracts that clear the Manhattan Luxury cutoff (top 10%), currently $8.50M. Consumer reference only; every Luxury figure on this page is measured against the Manhattan threshold. · In each tier card, the contract count is West Chelsea's own contracts that clear that Manhattan tier. Average price per square foot and 12 month volume are Manhattan-wide totals for the tier, shown as the benchmark West Chelsea is measured against, and are labeled "Manhattan" on the card. · Metrics based on fewer than 5 contracts are marked "insufficient sample" rather than shown as a percentage change. · Two rankings appear in this section, refreshed weekly. Both cover only neighborhoods with at least 11 luxury contracts over the trailing 52 weeks, the floor for a stable reading. Luxury dollar volume ranks those neighborhoods by the dollars transacted above the Manhattan Luxury (Top 10%) price line over the trailing 12 months. Luxury intensity ranks them by the share of their trailing-12-month contracts that clear that same price line.
Abbreviations
TTM · Trailing Twelve Months · YoY · Year over Year · QoQ · Quarter over Quarter · MoS · Months of Supply · DOF · Department of Finance
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