Chelsea Condo Market Snapshot

Overview

Supply

221 Listings On Market As Of Yesterday

Pending Sales

175 Listings In Contract As Of Yesterday

Market Pulse

0.79 Pending-To-Active Ratio As Of Yesterday

Days On Market

108 Median Days On Market As Of Yesterday

Price / Square Foot

$ 1,767 July Median Price Per Sft

Median Sale Price

$ 2,525,000 July Median Sale Price

Monthly New Supply

48 New Listings In July

Monthly Contract Activity

58 Contracts Signed In July

Re-Supply Pace

-10 New Supply Vs Contracts Signed In July

Monthly Closed Sales

23 July Sales Volume

Median Listing Discount

8.7 % July Median Discount

Monthly Absorption Rate

9.8 Absorption Rate As Of July

Off Market

200 Off-Market Listings As Of Jul 22

Sales Over Asking Price

5.6 % Sold Above Ask In Q2

Discount To Dom

-1.1 % Median Discount Under 30 Days In Q2