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Domi Data™ · Luxury Lines
Manhattan Luxury: West Chelsea June 2026
As of June 2026Updates monthly for the prior month
$7.25Mmedian deal, above the $7.20M borough luxury median▲ 1%
Trailing 12 months as of June 2026. Ranks cover neighborhoods with at least 11 luxury contracts over the trailing 52 weeks.
Market structure · June 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%)
$4.98M+Current floor
▲ 2% MoM▼ 2% YoY
54
Contracts · Trailing 12 mo. · West Chelsea
▼ 11% YoY▲ 2% MoM
Avg price / sq ft · West Chelsea
$3,186
▼ 2% YoYflat MoM
Volume · 12 months · West Chelsea
$503.7M
flat YoY▼ 2% MoM
PRIME (TOP 5%)
$7.11M+Current floor
flat MoM▼ 6% YoY
27
Contracts · Trailing 12 mo. · West Chelsea
▼ 16% YoYflat MoM
Avg price / sq ft · West Chelsea
$3,631
▼ 2% YoYflat MoM
Volume · 12 months · West Chelsea
$364.0M
▲ 3% YoY▲ 1% MoM
TROPHY (TOP 1%)
$18.24M+Current floor
flat MoM▼ 4% YoY
6
Contracts · Trailing 12 mo. · West Chelsea
▲ 50% YoY▼ 14% MoM
Avg price / sq ft · West Chelsea
$4,880
▼ 3% YoYflat MoM
Volume · 12 months · West Chelsea
$130.2M
▲ 3% YoY▲ 4% MoM
West Chelsea Pace · Trailing 12 Months
4▼ 20% vs 12mo
12-mo avg contracts/mo
5 a year ago
$42M▼ 16% vs 12mo
12-mo avg volume/mo
$50M a year ago
5flat vs 3mo
3-mo avg contracts/mo
This month's 5 vs. the 5 pace
$52M▲ 10% vs 3mo
3-mo avg volume/mo
vs. $42M 12-mo avg
West Chelsea Luxury Pricing (Top 10%) · June 2026
$3,006▲ 11% MoM
Median Price Per Sq Ft, Top 10%
May: $2,716
$7.81M▼ 2% MoM
Median Luxury Deal Price, Top 10%
May: $8.00M
Both figures cover contracts at or above the Top 10% line, currently $4.98M.
This month's headliners · June 2026
Top West Chelsea Deals
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
$5,258
51d
Condo
$26,600,000
500 West 18th Street, Unit WEST TOWER - 22C
2,638
$3,789
923d
Condo
$9,995,000
500 West 18th Street, Unit WEST TOWER - 17C
2,787
$3,463
744d
Condo
$9,650,000
Luxury segment total · June 2026What countsAll contracts at or above the Top 10% line, currently $4.98M. The three columns assign each contract once: Luxury is Top 10% to 5%, Prime is Top 5% to 1%, and Trophy is Top 1%.
5
Contracts
flat MoM
$57M
Dollar volume
▼ 15% YoY▲ 6% MoM
Luxury · Top 10% to 5%
$4.98M▼ 2% YoY▲ 2% MoM
Contracts
1
Volume—
Blended $ / sq ft—
Avg days on market—
Prime · Top 5% to 1%
$7.11M▼ 6% YoYflat MoM
Contracts
3
flat MoM
Volume—
Blended $ / sq ft
$3,621
Avg days on market
834 days
Trophy · Top 1%
$18.24M▼ 4% YoYflat MoM
Contracts
1
Volume
$26.60M
Blended $ / sq ft
$5,258
Avg days on market
51 days
Demand is accelerating, with the top of the market leading.
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: 54 of 223 trailing contracts, or 24%. 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 $7.25M, 1% above the $7.20M 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 · June 2026
West Chelsea Market Pulse All Price Points
ACTIVE
19*
Signed contracts · West Chelsea
▼ 11% YoY▲ 12% MoM
vs 12-mo avg 18 contracts/month
$82M*
Total dollar volume · West Chelsea
▼ 15% YoY▲ 6% MoM
vs 12-mo avg ~$71M/month
Condos
Signed contracts*
16
▼ 18% YoY▲ 45% MoM
Recorded sales
18
▼ 25% YoY▲ 38% MoM
Avg $/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 $/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
Townhouses
Signed contracts*
No qualifying contracts
Recorded sales
No qualifying contracts
Avg $/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
Donut chart of West Chelsea dollar volume by bedroom count across 5 categories totalling $100.0 million. Largest is 4+ Beds at $48.0 million, 48 percent of the total. Smallest is Studio at $2.0 million, 2 percent. Full breakdown: 4+ Beds $48.0 million, 48 percent; 3-Bed $30.0 million, 30 percent; 2-Bed $12.0 million, 12 percent; 1-Bed $8.0 million, 8 percent; Studio $2.0 million, 2 percent.
West Chelsea dollar volume by bedroom count
Bedrooms
Dollar volume
Studio
$1.41M
1-Bed
$7.33M
2-Bed
$10.37M
3-Bed
$26.77M
4+ Beds
$42.23M
Contracts signed
Donut chart of West Chelsea contracts signed by bedroom count across 5 categories totalling 100. Largest is 1-Bed at 25, 25 percent of the total. Smallest is Studio at 10, 10 percent. Full breakdown: 1-Bed 25, 25 percent; 2-Bed 25, 25 percent; 3-Bed 25, 25 percent; 4+ Beds 15, 15 percent; Studio 10, 10 percent.
West Chelsea contracts signed by bedroom count
Bedrooms
Contracts
Studio
2
1-Bed
5
2-Bed
5
3-Bed
5
4+ Beds
3
What this means for you
4+ Beds residences accounted for 48% of West Chelsea's luxury dollars this month on 15 contracts. 1-Bed residences were the most frequent trade, with 25 contracts. Sellers of 4+ Beds 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 · June 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 $4.98M+
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-mo 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-mo contract pace vs. active supply
Key Takeaway
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 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.
Days on market · 12 months
Monthly avg DOM (weighted) · West Chelsea contracts ≥ Manhattan luxury floor · Jul 2025 – Jun 2026 · 12-month avg = 221 days.
Line chart of West Chelsea days on market covering 12 periods from 2025-07-31 to 2026-06-30. Days on market rises from 110 days in 2025-07-31 to 262 days in 2026-06-30, up 138 percent, peaking at 421 days in 2026-01-31 and bottoming at 29 days in 2025-11-30.
West Chelsea days on market · 12 months
Month
Days on market
2025-07-31
110
2025-08-31
125
2025-09-30
398
2025-10-31
181.2
2025-11-30
28.5
2025-12-31
203.2
2026-01-31
421
2026-02-28
391
2026-03-31
283
2026-04-30
143.2
2026-05-31
105
2026-06-30
262.3
Absorption rate · 12 months
Monthly absorption rate · West Chelsea luxury · Jul 2025 – Jun 2026 · Jun at 10.9% vs 9.1% trailing average
Line chart of West Chelsea absorption rate covering 12 periods from 2025-07-31 to 2026-06-30. Absorption rate rises from 3.9 percent in 2025-07-31 to 10.9 percent in 2026-06-30, up 179 percent, peaking at 15.4 percent in 2026-02-28 and bottoming at 3.7 percent in 2025-08-31.
West Chelsea absorption rate · 12 months
Month
Absorption rate
2025-07-31
3.9
2025-08-31
3.7
2025-09-30
5.2
2025-10-31
12.7
2025-11-30
7.7
2025-12-31
7.7
2026-01-31
7.1
2026-02-28
15.4
2026-03-31
9.8
2026-04-30
13
2026-05-31
11.6
2026-06-30
10.9
Active listings · 12 months
Weekly active Luxury (top 10%) listings, $4.98M+ in West Chelsea. Current: 46
Line chart of West Chelsea active luxury listings covering 12 periods from 2025-07-31 to 2026-06-30. Active listings falls from 51 in 2025-07-31 to 46 in 2026-06-30, down 9.8 percent, peaking at 58 in 2025-09-30 and bottoming at 39 in 2026-02-28.
West Chelsea active luxury listings · 12 months
Month
Active listings
2025-07-31
51
2025-08-31
54
2025-09-30
58
2025-10-31
55
2025-11-30
52
2025-12-31
52
2026-01-31
42
2026-02-28
39
2026-03-31
41
2026-04-30
46
2026-05-31
43
2026-06-30
46
DOM Read
West Chelsea luxury contracts are taking approximately 262 days from listing to signing, sitting notably longer than the past year. Well-priced residences still move; the overpriced ones sit.
Sellers: Time on market is the market responding to 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.
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*. $4.98M+ falls from 24 in Q2 2022 to 1 in Q3 2026*, down 96 percent, peaking at 26 in Q2 2023. $7.11M+ falls from 14 in Q2 2022 to 1 in Q3 2026*, down 93 percent, peaking at 16 in Q4 2024. $18.24M+ 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
$4.98M+
$7.11M+
$18.24M+
Q2 2022
24
14
2
Q3 2022
22
11
0
Q4 2022
4
2
0
Q1 2023
13
4
0
Q2 2023
26
15
3
Q3 2023
21
7
1
Q4 2023
24
14
4
Q1 2024
21
10
2
Q2 2024
23
10
2
Q3 2024
13
6
1
Q4 2024
21
16
2
Q1 2025
12
5
0
Q2 2025
21
11
1
Q3 2025
7
3
0
Q4 2025
15
9
4
Q1 2026
13
6
1
Q2 2026
16
10
1
Q3 2026*
1
1
0
Weekly Sales · Price
By property type
Line chart of West Chelsea Weekly Sales · Price by property type covering 51 periods from 2025-07-21 to 2026-07-13. Condo falls from 4,581,767.111 in 2025-07-21 to 2,648,169 in 2026-07-13, down 42 percent, peaking at 19,500,000 in 2025-12-22 and bottoming at 1,156,294 in 2026-03-09. Co-op falls from 2,379,500 in 2025-07-21 to 1,315,000 in 2026-07-13, down 45 percent, peaking at 3,350,000 in 2026-01-12 and bottoming at 427,000 in 2025-09-15.
West Chelsea — Weekly Sales · Price by property type
Week
Condo
Co-op
Townhouse
2025-07-21
4,581,767.111
2,379,500
—
2025-07-28
3,799,089
1,249,500
—
2025-08-04
3,925,000
550,000
—
2025-08-11
3,968,571.429
479,534
—
2025-08-18
3,451,914
987,000
—
2025-08-25
1,950,000
—
—
2025-09-01
2,793,750
725,000
—
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
4,348,333.333
442,500
—
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
9,009,000
868,333.333
—
2026-06-29
3,850,000
1,100,000
—
2026-07-06
3,923,250
—
—
2026-07-13
2,648,169
1,315,000
—
■ 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 2025-07-21 to 2026-07-13. Condo rises from -4.625 in 2025-07-21 to -3.033 in 2026-07-13, up 34 percent, peaking at -1.35 in 2026-03-09 and bottoming at -26.8 in 2026-03-23. Co-op rises from -6.3 in 2025-07-21 to -0.15 in 2026-07-13, up 98 percent, peaking at 0.3 in 2026-06-08 and bottoming at -36.9 in 2025-08-11.
West Chelsea — Weekly Sales · Discount by property type
Week
Condo
Co-op
Townhouse
2025-07-21
-4.625
-6.3
—
2025-07-28
-7.6
-2.45
—
2025-08-04
-5.75
—
—
2025-08-11
-6.217
-36.9
—
2025-08-18
-5.25
-7
—
2025-08-25
-4
—
—
2025-09-01
-4.525
-13.6
—
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
-3.6
—
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
-7.467
-12.5
—
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
-9.04
-2.85
—
2026-06-29
-8.45
-6.1
—
2026-07-06
-7.133
—
—
2026-07-13
-3.033
-0.15
—
■ Condo ■ Co-op ■ Townhouse
Methodology & Notes
West Chelsea residential signed contracts, last asking price, trailing 12 months (TTM). · Luxury $4.98M / Prime $7.11M / Trophy $18.24M = Manhattan-wide top 10%, 5%, 1% of TTM contracts. Cutoffs update monthly. · June 2026 is the latest reporting month (provisional; may revise through July 18, 2026). · West Chelsea's local luxury line is the median of its own contracts that clear the Manhattan Luxury cutoff (top 10%), currently $7.25M. 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.
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