$8.95Mmedian deal, above the $7.38M borough luxury median▲ 21%
Trailing 12 months as of September 30, 2026. Ranks cover neighborhoods with at least 11 luxury contracts over the trailing 52 weeks.
Market structure · September 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%)
$5.01M+Current floor
24
Contracts · Trailing 12 mo. · West Chelsea
Avg price / sq ft · West Chelsea
$2,766
Volume · 12 months · West Chelsea
$147.7M
PRIME (TOP 5%)
$7.38M+Current floor
22
Contracts · Trailing 12 mo. · West Chelsea
Avg price / sq ft · West Chelsea
$3,430
Volume · 12 months · West Chelsea
$225.9M
TROPHY (TOP 1%)
$18.11M+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
4▼ 20% vs 12mo
12-mo avg contracts/mo
5 a year ago
$43.9M▼ 10% vs 12mo
12-mo avg volume/mo
$48.51M a year ago
2.3▼ 100% vs 3mo
3-mo avg contracts/mo
This month's 0 vs. the 2.3 pace
$22.1M▼ 100% vs 3mo
3-mo avg volume/mo
vs. $43.9M 12-mo avg
This month's headliners · September 2026
Top West Chelsea Deals
West Chelsea's highest signed-contract prices this month.
No qualifying deals this month.
West Chelsea Luxury Momentum · Oct '25–Sep '26
Signed contracts at or above the Manhattan Luxury (Top 10%) line ($5.01M), 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 Oct '25 to Sep '26. Manhattan Luxury (Top 10%) falls from 7 in Oct '25 to 0 in Sep '26, down 100 percent.
West Chelsea monthly qualifying contracts
Month
Contracts
Qualifying deals
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
Sep '26
0
0
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 · September 2026What countsAll contracts at or above the Top 10% line, currently $5.01M. The three columns assign each contract once: Luxury is Top 10% to 5%, Prime is Top 5% to 1%, and Trophy is Top 1%.
0
Contracts
▼ 100% MoM
$0.00M
Dollar volume
▼ 11% YoY▼ 80% MoM
No luxury contracts signed in West Chelsea this September 2026.Show tier thresholds
Luxury · Top 10% to 5%
$5.01M▼ 1% YoY
Contracts
0
Volume
$0
Blended $ / sq ft—
Avg days on market—
Prime · Top 5% to 1%
$7.38M▼ 4% YoY
Contracts
0
Volume
$0
Blended $ / sq ft—
Avg days on market—
Trophy · Top 1%
$18.11M
Contracts
0
Volume
$0
Blended $ / sq ft—
Avg days on market—
Only 0 deals this month. Too thin to read. Refer to the 3-month trend.
West Chelsea's Manhattan position
West Chelsea ranks 9th 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 21.2%: 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 $8.95M, 21% above the $7.38M 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 · September 2026
West Chelsea Market Pulse All Price Points
8*
Signed contracts · West Chelsea
▼ 16% YoY▼ 53% MoM
vs 12-mo avg
$14.66M*
Total dollar volume · West Chelsea
▼ 11% YoY▼ 80% MoM
vs 12-mo avg
Condos
Signed contracts*
5
-19.5% YoY-66.7% MoM
Recorded sales
23
-25.1% YoY-4.2% MoM
Avg $/sq ft
$1,943
-12.2% YoY-0.2% MoM
Discount from ask
-7.2%
down 1.3pp YoYup 4.7pp MoM
Avg DOM · all sales
103d
up 16d YoYdown 85d MoM
Co-ops
Signed contracts*
3
-1.9% YoY
Recorded sales
4
-8.5% YoY
Avg $/sq ft
$1,390
+1.2% YoY
Discount from ask
-4.1%
up 3.6pp MoM
Avg DOM · all sales
157d
down 12d YoYup 132d MoM
Townhouses
Signed contracts*
0
Recorded sales
0
Avg $/sq ft
—
Discount from ask
—
Avg DOM · all sales
—
Unit breakdown · September 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 $14.7 million. Largest is 2-Bed at $12.3 million, 84 percent of the total. Smallest is 4+ Beds at $0.0 million, 0 percent. Full breakdown: 2-Bed $12.3 million, 84 percent; 1-Bed $1.8 million, 12 percent; Studio $549000.0 million, 4 percent; 4+ Beds $0.0 million, 0 percent.
West Chelsea dollar volume by bedroom count
Bedrooms
Dollar volume
Studio
$0.55M
1-Bed
$1.79M
2-Bed
$12.31M
4+ Beds
$0.00M
Contracts signed
Donut chart of West Chelsea contracts signed by bedroom count across 4 categories totalling 8. Largest is 2-Bed at 5, 63 percent of the total. Smallest is 4+ Beds at 0, 0 percent. Full breakdown: 2-Bed 5, 63 percent; 1-Bed 2, 25 percent; Studio 1, 13 percent; 4+ Beds 0, 0 percent.
West Chelsea contracts signed by bedroom count
Bedrooms
Contracts
Studio
1
1-Bed
2
2-Bed
5
4+ Beds
0
What this means for you
2-Bed residences accounted for 84% of West Chelsea's luxury dollars and were the most active segment this month, with $12.31M moving across 5 signed contracts. Sellers of 2-Bed are in the segment carrying both the dollars and the activity, so recent closed comparables are current rather than stale. Buyers at other sizes face a thinner field of competing bids and can negotiate on that basis.
West Chelsea supply · active listings · September 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 $5.01M+
Active listings
46
-19.3% YoY
Months of supply
n/a
-6.9% YoY
9+ months = Luxury Buyer's Market
Monthly absorption
n/a
+7.4% YoY
12-mo contract pace vs. active supply
All West Chelsea residential
Active listings
129
-19.4% YoY
Months of supply
16.1mo
-4.2% YoY
6+ months = Buyer's Market
Monthly absorption
6.2%
+4.3% YoY
12-mo contract pace vs. active supply
Key Takeaway
At ~0 months of luxury supply, West Chelsea is an acute seller's market and sits in line with the borough. Well-priced listings move in days; sellers hold all 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 · Q2 2022–Q3 2026*
Line chart of West Chelsea luxury quarterly contracts by tier covering 18 periods from Q2 2022 to Q3 2026. $5.01M+ falls from 24 in Q2 2022 to 7 in Q3 2026, down 71 percent, peaking at 25 in Q2 2023 and bottoming at 4 in Q4 2022. $7.38M+ falls from 13 in Q2 2022 to 5 in Q3 2026, down 62 percent, peaking at 16 in Q4 2024 and bottoming at 2 in Q4 2022. $18.11M+ falls from 2 in Q2 2022 to 0 in Q3 2026, down 100 percent, peaking at 4 in Q4 2023 and bottoming at 0 in Q3 2022.
West Chelsea luxury quarterly contracts by tier
Quarter
$5.01M+
$7.38M+
$18.11M+
Q2 2022
24
13
2
Q3 2022
21
9
0
Q4 2022
4
2
0
Q1 2023
13
4
0
Q2 2023
25
12
3
Q3 2023
21
7
1
Q4 2023
24
12
4
Q1 2024
21
10
2
Q2 2024
23
10
2
Q3 2024
12
6
1
Q4 2024
21
16
2
Q1 2025
11
5
0
Q2 2025
21
9
1
Q3 2025
7
3
0
Q4 2025
15
8
4
Q1 2026
13
5
1
Q2 2026
17
10
1
Q3 2026
7
5
0
Weekly Sales · Price
By property type
Line chart of West Chelsea Weekly Sales · Price by property type covering 51 periods from 2025-10-06 to 2026-09-28. Condo falls from 3,113,520.375 in 2025-10-06 to 2,695,000 in 2026-09-28, down 13 percent, peaking at 19,500,000 in 2025-12-22 and bottoming at 1,156,294 in 2026-03-09. Co-op holds roughly flat from 1,459,000 in 2025-10-20 to 1,460,000 in 2026-09-21, essentially unchanged, peaking at 4,100,000 in 2026-08-17 and bottoming at 515,000 in 2025-12-29.
West Chelsea — Weekly Sales · Price by property type
Week
Condo
Co-op
Townhouse
2025-10-06
3,113,520.375
—
—
2025-10-13
2,800,000
—
—
2025-10-20
4,141,250
1,459,000
—
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
—
2026-09-07
2,046,030
2,425,000
—
2026-09-14
8,268,600
—
—
2026-09-21
3,004,285.714
1,460,000
—
2026-09-28
2,695,000
—
—
■ 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 2025-10-06 to 2026-09-28. Condo falls from -5.15 in 2025-10-06 to -13.25 in 2026-09-28, down 157 percent, peaking at -1.35 in 2026-03-09 and bottoming at -26.8 in 2026-03-23. Co-op falls from -1.8 in 2025-10-20 to -5.05 in 2026-09-21, down 181 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
2025-10-06
-5.15
—
—
2025-10-13
-4.6
—
—
2025-10-20
-8.8
-1.8
—
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
-6.74
-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
-18.133
—
—
2026-08-10
-12.2
—
—
2026-08-17
-7.45
-7.7
—
2026-08-24
-11.63
—
-5.9
2026-08-31
-7.45
-1.8
—
2026-09-07
-5.375
-4.5
—
2026-09-14
-4.64
—
—
2026-09-21
-7.983
-5.05
—
2026-09-28
-13.25
—
—
■ Condo ■ Co-op ■ Townhouse
Methodology & Notes
West Chelsea residential signed contracts, last asking price, trailing 12 months (TTM). · Luxury $5.01M / Prime $7.38M / Trophy $18.11M = Manhattan-wide top 10%, 5%, 1% of TTM contracts. Cutoffs update monthly. · September 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 $8.95M. 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
Heather Domi Team is a real estate team affiliated with Douglas Elliman, a licensed real estate broker and abides by all applicable Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein is intended to indicate that any listing displayed on this website may not belong to the firm whose website is being visited. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), gives copyright owners recourse if material on this site infringes their rights. If you believe in good faith that content here infringes your copyright, you or your agent may notify us in writing at hdomi@heatherdomi.com. Your notice must include: (1) a description of the copyrighted work you claim is infringed; (2) a description of the infringing material and enough information to locate it; (3) your contact information, including address, phone number, and email; (4) a statement that you have a good-faith belief the use is not authorized by the copyright owner, its agent, or the law; (5) a statement, made under penalty of perjury, that the notice is accurate and that you're authorized to act for the copyright owner; and (6) your physical or electronic signature. Incomplete notices may delay processing.