During Oct 2022, the average price for an apartment in/near Chelsea, Manhattan, New York, NY increased by 50.6% to $3,785,277.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 3.7% to $1,328,286. Asking price for 2-bed apartment also increased by 18.3% and a place of this size will now cost you $2,615,167. A 3-bed apartment goes for $5,835,500, it increased by 23.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 24.8% and made it up to $12,012,273.
Price reports demonstrate that house price increased by 158.7% this month making it up to $18,748,750. Condos are really in demand in this season. The median price for a condo increased by 39.7%, it’s now available for $3,105,368. The price statistics of lofts have not significantly changed, it now still goes for $1,058,333.