William Raveis Real Estate
Image: raveis.com
A fluent speaker of English and Spanish, Gustavo L. Vila served for over two decades as a New York City police officer and lieutenant. Currently, Gustavo L. Vila applies his skills in the real estate industry as a licensed broker and a Certified Homeownership Professional at William Raveis Real Estate.
At Williams Raveis, Mr. Vila specializes in helping clients sell and purchase homes throughout the New York City region. As a whole, real estate in New York City is among the hottest and most expensive in the United States with an average sale price of over $920,000. This trend of high-cost housing exists in all five of the city’s boroughs.
However, there are differences in the local real estate market in each borough. For example, the most expensive borough is Manhattan, with an average sale price of $980,000.
Factors driving Manhattan’s high cost include the area’s dense population of 1.6 million people, a low inventory of housing, and a fast paced, active housing market. The borough also features a strong economy that has experienced increasing employment and hosts a healthy technology base. Although the region experienced a short period of price stagnation recently, real estate costs in Manhattan have continued trending upward in recent months.
Gustavo L. Vila (New York) 