Lux Port Group, L.L.C.

Lux Port Group, L.L.C. Austin Real Estate broker located in the Austin Texas area serving home sellers and buyers since 1992.

TERRY WILLIAMS, OWNER/BROKER

Born and raised in Austin, Georgetown, Lake Travis, and Cedar Park, Texas

Married to his wife Becky and has two wonderful boys

EXPERIENCE


20 years of experience in the Real Estate industry in Austin, TX. Full time licensed Real Estate broker with a passion for winning the best deal for my clients. Property owner in the Lake Travis, Georgetown, Round Rock

, and Austin area
Member of Austin Board of REALTORS®, Texas Association of REALTORS®, and National Association of REALTORS®, and MLS

Marketing and advertising Graduate of the Real Estate Institute (GRI) accreditation which is an education of higher learning than a basic Real estate license

Certified Luxury Home Marketing Specialist (CLHMS) which is also an education of higher learning which teaches an in depth knowledge of marketing and selling luxury homes

Certified Negotiation Expert (CNE) which is an in depth education on the highly specialized skills of negotiations



SKILLS
Extremely knowledgeable about construction and current market conditions in my market areas
Creative and visionary to make sure your property is marketed properly, or the property you are buying fits your needs
Great communication skills and extensive experience in negotiations to insure you achieve your goals
Acute ability to assess your current home value and walk you through the process of buying or selling your next home
Advanced computer skills and technical resources to keep up with the needs of an ever evolving market place and client demands

SUMMARY

My goal is to build a team of individuals who share my same philosophies. Do what is best for your clients, and give them what they desire. Honesty, hard work, strong negotiation skills, ethics, educated, and professionalism are ALL qualities I demand from our agents. Who better to guide you through the process of buying or selling in the Lake Travis or Austin TX area than someone who works, lives and plays here. Terry’s family runs three generations deep here, and has been a lake area resident for over 20 years. With his busy family life, community involvement, and his passion for winning, Terry is able to procure the best deal for your goals. Terry believes that great success in any field is not attained alone, but with team work. We have an extensive list of resources and connections including lenders, appraisers, inspectors, builders, architects, contractors, and interior designers. And these resources are priceless as it took us years to build this team of professionals. With a strong background in construction and design, he is the natural choice while making such a large decision for yourself or your family. We will make certain that you are surrounded by success, for the present and future. Terry would rather be direct and honest, as opposed to sugar coating, as he realizes your decisions hinge highly on his professional opinions.

Happy Easter!
04/09/2023

Happy Easter!

03/28/2023

The Week in Review
Changes in Units for Sale for the Week of March 19th - March 25th, 2023





New listings:
Up 5.34% compared to 3/20- 3/26/2022

Sold listings:
Down 30.54% compared to same week last year

Current Months of Inventory:
Is up to 3.13 months compared to last year when it was 14 days of inventory.

Median Sales Price:
Is now $489,000 (3/1/2022 - 2/28/2023)

Market Brief:
9,388 Homes on the market, in the past 7 days there have been 1,250 price decreases (13.3% of active listings).

The Week in Review
Changes in Units for Sale for the Week of March 19th - March 25th, 2023





New listings:
Up 5.34% compared to 3/20- 3/26/2022

Sold listings:
Down 30.54% compared to same week last year

Current Months of Inventory:
Is up to 3.13 months compared to last year when it was 14 days of inventory.

Median Sales Price:
Is now $489,000 (3/1/2022 - 2/28/2023)

Market Brief:
9,388 Homes on the market, in the past 7 days there have been 1,250 price decreases (13.3% of active listings).

02/08/2022

.47 months of inventory....In a balanced market, we need 6 MONTHS of inventory! Prices are up over 37%! Needless to say, I NEED more inventory, and it's a GREAT time to sell! Call me if you or anyone you know needs to sell!
Preliminary December Sold Data
2021 Numbers as of 2/7/2022 (5:01pm)


Units Sold:
2,355 down 9.21% from January 2021
(The number of sold homes may increase as sales are reported/updated in MLS)

Average Sales Price:
$566,886 up 25% from January 2021

Average Days on the Market:
27.61 days down 8.1 days from Jan 2021

Median Sales Price:
$473,000 up 31.39% from 1 year ago

Highlights for the Month:

January numbers are in albeit, still preliminary. Overall the numbers are looking good compared to 2021 and I expect that the 9% decrease will be decreased as the month continues.

Average Sales prices are clearly over those from 2021 with the current median ($473,000) for January. The average to average increase seems to show about a 25% increase from January 2021 to January of 2022. I still expect to see that number come down a bit as more sales are recorded for January. Expect to see 22-23% increase for January which is similar to the median increase we saw in December.

In terms of average sales prices and days on the market from January 2021 to January 2022, the median sales price has increased 31.39% while sales are taking 8.10 less days to sell. All good news as we kick off another interesting year in real estate for Austin.



The Week in Review
Changes in Units for Sale for the Week of January 30 - February 5, 2022





New listings:
Down to 37.37% compared 1/31- 2/6/2021

Pending listings:
Up 73.75% compared to last year

Sold listings:
Down 1.73% compared to same week last year

Current Months of Inventory:
Down to 0.47 months (last week it was 0.52)
(We've updated our Inventory Stats to ONLY include Actives and no Actives Under Contract!)

Median Sales Price:
Is down to $451k (2/1/2021 - 1/31/2022)

Highlights for the Week:

Its another week in of more pending sales this past week compared to the same week in January of 2021. This is a good sign for sellers as sales continue but maybe not so great news for buyers. Sales are showing no signs of slowing down even one month into the new year. We are continue to see fewer sales from week to week, however monthly sales are still very close to those in 2021.

Key factors to continue watching this week/month is the continued decline of months of inventory. Inventory is down again to 0.47 weeks after seeing 0.52 last week. Hopefully this week has some new listings in stock for the month and more as we move forward into Spring!



Changes in Price Ranges

Prices for the Week of January 30 - February 5, 2022

Sold average sales prices increased 19.23% to $569,808 ($489,106 median) this past week compared to the same week in 2021 when we had an average of $477,921.

Record # of homes sold in the Austin area, call Terry for info if you are buying or selling!
01/18/2022

Record # of homes sold in the Austin area, call Terry for info if you are buying or selling!

SOLD in 6 days for $20K above list at $530K! Call me as I can sell yours as well! GREAT buyers to work with!
08/29/2021

SOLD in 6 days for $20K above list at $530K! Call me as I can sell yours as well! GREAT buyers to work with!

Lake Travis lot for sale
04/29/2021

Lake Travis lot for sale

Photos, maps, description for 9104 Outlaw Cove Lago Vista, TX. Search homes for sale, get school district and neighborhood info for Lago Vista, TX on onlineaustinrealestate.com -- Real Estate Search.

+/- 4500 sq. ft. shell space located just across the street from Kalahari Resort in Round Rock. Ideal for restaurant, re...
03/30/2021

+/- 4500 sq. ft. shell space located just across the street from Kalahari Resort in Round Rock. Ideal for restaurant, retail, medical, etc.

Photos, maps, description for 3001 Joe Dimaggio Blvd Round Rock, TX. Search homes for sale, get school district and neighborhood info for Round Rock, TX on onlineaustinrealestate.com -- Real Estate Search.

+/- 4500 sq. ft. shell space located just outside the Sun City entrance in Georgetown.
03/30/2021

+/- 4500 sq. ft. shell space located just outside the Sun City entrance in Georgetown.

Photos, maps, description for 5361 Williams Dr Georgetown, TX. Search homes for sale, get school district and neighborhood info for Georgetown, TX on onlineaustinrealestate.com -- Real Estate Search.

01/05/2021

Photos, maps, description for 13004 Lamplight Village Ave Austin, TX. Search homes for sale, get school district and neighborhood info for Austin, TX on onlineaustinrealestate.com -- Real Estate Search.

Address

16401 Sherman Street
Volente, TX
78641

Opening Hours

Monday 8am - 6pm
Tuesday 8am - 6pm
Wednesday 8am - 6pm
Thursday 8am - 6pm
Friday 8am - 6pm
Saturday 9am - 6pm
Sunday 9am - 5pm

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