In October 2017, there were eight homes sold, with a median sale price of $1,153,500 - a 38.5% decrease over the $1,875,000 median sale price for the same period of the previous year. There were eight homes sold in Chelsea in October 2016, as well.
The following table compares Chelsea to other New York County cities with similar median sales prices in October 2017:
| City | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Washington Heights | 1 | 0 | - | $1,560,000 | $0 | - |
| Carnegie Hill | 4 | 3 | 33.3% | $1,447,500 | $7,500,000 | -80.7% |
| Lenox Hill | 13 | 22 | -40.9% | $1,300,000 | $1,675,000 | -22.4% |
| Greenwich Village | 2 | 11 | -81.8% | $1,282,500 | $1,500,000 | -14.5% |
| Two Bridges | 2 | 0 | - | $1,197,500 | $0 | - |
| Chelsea | 8 | 8 | 0% | $1,153,500 | $1,875,000 | -38.5% |
| Central Harlem | 10 | 8 | 25% | $1,147,250 | $962,500 | 19.2% |
| Upper West Side | 25 | 25 | 0% | $1,117,500 | $999,000 | 11.9% |
| Clinton/Hell's Kitchen | 8 | 9 | -11.1% | $1,047,500 | $1,185,000 | -11.6% |
| East Village | 6 | 5 | 20% | $1,010,000 | $1,735,000 | -41.8% |
| Times Square | 4 | 14 | -71.4% | $1,005,000 | $821,500 | 22.3% |
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