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Chelsea

Why you'd want to live in Chelsea

Chelsea is a city in Suffolk County, Massachusetts, United States, directly across the Mystic River from the city of Boston. As of 2013, Chelsea had an estimated population of 36,828.[2] It is also the second most densely populated city in Massachusetts behind Somerville. With a total area of just 2.21 square miles,[3] Chelsea is the smallest city in Massachusetts in terms of total area.[4] Chelsea is a diverse, working-class community that contains a high level of industrial activity. It is one of only three Massachusetts cities in which the majority of the population identifies as Hispanic or Latino, alongside Lawrence and Holyoke. After flirting with bankruptcy in the 1990s, the once-struggling industrial city has reversed a prolonged decline and in recent years has enjoyed sustained economic growth. Thanks to its relative affordability and close proximity to Boston, Chelsea has added more than 1,200 homes since 2005, mostly loft-style apartments and condominiums suitable for small families or young professionals. There has also been significant office, retail and restaurant development throughout the city.[5] via wikipedia

Chelsea Market Report

$384,795

AVERAGE PRICE OF 23 HOMES

$499,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$427,499

AVERAGE PRICE OF 2 HOMES WITH A POOL

$524,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $384,795
Avg Bedrooms 2.61 beds
Avg Bathrooms 1.26 baths

Average Price by Bedrooms

1 bedroom $337,000
2 bedrooms $321,080
3 bedrooms $430,242
4 bedrooms $484,633
5 bedrooms $499,900
Chelsea Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 24 30 33 24 15
Average Price $399,815 $377,612 $383,532 $422,733 $418,021
Avg Price Change +5.88% -1.57% -10.22% +1.13% +7.34%
Median Price $408,121 $372,965 $384,227 $425,106 $445,517
Med Price Change +9.43% -3.02% -10.64% -4.80% +15.29%
Avg Bedrooms 2.38 beds 2.2 beds 1.99 beds 2.08 beds 2.17 beds
Avg Bathrooms 1.28 baths 1.31 baths 1.14 baths 1.23 baths 1.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Chelsea High 1 $239,900 60 days
Chelsea Hs 1 $489,900 29 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 23 $384,795 53 days
Newly Built Homes 1 $499,000 47 days
Homes with a Pool 2 $427,499 14 days
Reduced Price Homes 1 $524,900 112 days
RE/MAX Trinity
Tina Crowley
339 Pleasant St
Malden, MA 02148
781-572-2082
Jarred Alexandrov
Fairway Independent Mortgage Corporation
Mortgage Loan Advisor (MLO 970973)
Cell/Text: 508-735-0078
jarreda@fairwaymc.com
200 High Street, Boston MA 02110
NMLS Entity ID#2289 EQUAL HOUSING LENDER

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