The Chelsea Townhouse Report
Chelsea, NYC

Spencer H. Cutler
Lic. Associate RE Broker
(855) NICK-NYC

Nick Athanail
Lic. Associate RE Broker
(855) NICK-NYC

NEED TO 
SELL YOUR TOWNHOUSE? 
The Latest Chelsea Townhouse Activity 
For Sale, In-Contract, and Townhouses that have recently sold. 
Manhattan TH Stats & Trends
Townhouse statistics for Manhattan in the last three months. Including TH's for sale and recently sold. 
Manhattan Market Report
Download our 3rd Quarter 2021 Manhattan Market Report.  

Chelsea Townhouse
Statistics & Trends
 Active townhouses      |      In Contract      |      Recently Sold
Active Townhouses in Chelsea
  • Active - 6 townhouses
  • Average Price - $9,622,500
  • Average Price Per Square Foot - $1,813
  • Average Days on Market - 144 Days
In-Contract Townhouses in Chelsea
  • No Townhouses In Contract at the moment! 
How much is my home worth?
  • Enter your address to get your free estimate instantly, with market data to back up your estimate.
Manhattan Townhouse
Statistics & Trends
On the market now      |     Recently Sold      |      supply versus demand
  • Total Active - 140 Townhouses
  • Average Price - $14,091,522
  • Median Price - $11,189,025
  • Average $ / SQFT - $2,274
  • Average Days On Market - 218 Days
  • Total Closed - 50 Townhouses
  • Average Price - $9,830,482
  • Median Price - $7,500,000
  • Average $ / SQFT - $2,038
  • Price Trend -  +18.9%
  • Average Days On Market - 147 Days
  • Total Active - 140 Townhouses
  • Average Sold Per Month - 8.3
  • Months of Supply - 16.8 months
  • Supply - Oversupply

“In what can only be described as a monumental comeback, Manhattan is experiencing one of the greatest real estate markets ever. With $30 billion in sales volume and over 16,000 contracts signed, it’s not a surprise to anyone that 2021 was the best year ever for Manhattan real estate. The fourth quarter alone was one of the strongest on record, with a 47% annual rise in contracts signed, an 89% increase in closings, and $8 billion in sales volume.
 
While the market continues to favor sellers with rising prices and diminishing inventory, we’re still seeing buyers take advantage of cheap money before any interest rate hikes in 2022. Confidence in Manhattan’s resiliency, largely led by the high percentage of vaccinated New Yorkers, is propelling us into 2022 with powerful momentum.”

– Pam Liebman
CEO of The Corcoran Group

Download our 4Q21 Manhattan Market Report
  • 2021 was perhaps the best year ever for the Manhattan market. Over 16,600 contracts were signed, the most inked in a single calendar year. 2021 also had over 15,600 closings – the most since 2008 – with resale condos and luxury sales over $5M surpassing the previous high reached in 2013.
  • Sales volume had a historic year and Q4 2021 was one of the best on record. Sales volume totaled $30 billion in 2021, 6% more than 2007’s previous all-time high. 4Q sales volume totaled over $8 billion. Signed contracts grew 47% annually to 4,200 deals -- by far the best fall season ever.
  • Manhattan fourth quarter inventory fell to its lowest level since 2016 and the sharpest ever YOY decline. As of mid-December, nearly 6,300 units were actively listed for sale in Manhattan, down 37% annually. This is despite an all-time high of 4,100 new listings coming to market during 4Q 2021.
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This is what our clients have said about our team
Don't take our word, see our testimonials
Nick is truly a "family" name by now, as he helped me and my husband - as well as my parents - buy and sell several apartments. When we sold our last apartment, Nick helped us personally with every detail. Our apartment sold after just one open house, and for well above the asking price. We could not have been happier!

Jennie and Ben F.



Meet Nick Athanail - Your Chelsea Townhouse Expert
It is with great pleasure that I introduce you to The Nick Athanail Team, which I founded over 15 years ago at The Corcoran Group. One of the top producers in the ultra competitive market of New York City real estate, our team is a group of 3 highly talented and experienced associates. Together, we have been extremely successful representing sellers in this competitive environment by getting our clients the highest price in the quickest amount of time. 
 
Backed by The Corcoran Group, the best real estate firm in the country, we have every resource needed to excel in our mission to provide the highest quality service to our clients. Our team has achieved many awards over the years but our greatest satisfaction comes from a job well done for our clients. 
 
Whatever your situation is, The Nick Athanail Team would be pleased to assist you in achieving your objectives. We look forward to working with you soon. 
Copyright © Nick New York 2022. All rights reserved.
The Nick Athanail Team at The Corcoran Group
Licensed as Nicholas Athanail
Licensed Associate Real Estate Broker
524 Broadway, 3rd Floor
New York, NY 10012
(212) 941-2500

Equal Housing Opportunity. This website is not the official website of The Corcoran Group or its affiliated companies, and neither The Corcoran Group nor its affiliated companies in any way warrant the accuracy of any information contained herein. Any property or services offered for sale on this website shall not be considered an offer to sell such goods or services in any state other New York Call to Action Headline

“This website is not the official website of The Corcoran Group or its affiliated companies, and neither The Corcoran Group nor its affiliated companies in any way warrant the accuracy of any information contained herein. Any property or services offered for sale on this website shall not be considered an offer to sell such goods or services in any state other than New York.”

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