Sedo announced the results of its Q1 2012 Domain Market Study.
During the first quarter, Sedo powered more than 10,000 domain transactions accounting for $19.6 Million in sales.
The number of Buy Now sales surpassed offer-counter offer sales for the first time, becoming the most popular type of transaction.
IDNX, the first standardized pricing index for the domain market, reached record highs in March 2012 after five months of consecutive growth. This suggests that the domain market has rebounded from the slump of 2011, and when compared to other standard economic indicators it suggests a market that is well-positioned for future growth, with the potential for additional record highs during the remainder of 2012.
“The results of this quarter’s domain market study are extremely promising. With the highest sales numbers we’ve seen since early 2011, this year may have the potential to become the strongest for the domain market in quite some time,” said Liesbeth Mack-de Boer, CSO of Sedo. “Sedo is continuing to invest heavily in extending the global reach of our marketplace, and looking forward to the availability of new gTLDs in 2013. We are confident that we will continue to connect even more domain buyers and sellers in the coming year.”
Highlights of Sedo’s Q1 2012 Domain Market Study include:
— Q1 2012 had the highest sales volume since Q2 2011, with 10,133 transactions taking place on Sedo’s domain marketplace.
— Sales value also increased during Q1, accounting for the highest sales value since Q2 2011: a total of $19,641,153.
— .com remained the most frequently sold TLD, with 45% of the market, while .de ranked a distant second place, with 16% of all sales.
— For the first time ever, Buy Now sales accounted for 39% of all transactions, more than the traditionally higher offer-counter offer sales, which now account for 34%.
— Top sales for the quarter included kboing.com at $150,000, and sol.com at EUR98,000.
— IDNX shows an increase of +4.2%, which exceeds the more modest upswing for share prices in the IT and technology sectors. In spite of this, the growth correlates to other economic indices, proving that domain prices are at an all-time high without being inflated
aLL I can say is there are tricks on BIN domains
@BullS,
What are these trick of which you speak?
Speaking of Sedo, Michael – I just noticed the auction of TheDomainers.com (not mine) over at Sedo. 1 hour and 30 minutes to go on this one with one bid at $1k.
SEDO Sales By Price Range: Up to $500 – 45%; $501 – $2500 – 45%;$2501-$5000 – 8%.
“Buy It Now” %% should be seen from this perspective. It appears that the “bottom feeder” domainers with a fast turn around flipping business models make the numbers. Obviously BIN is the preferred model for the brokerages and brokers, because they can increase the sales of the names “BIN listed” by their conglomerate enterprises.
Kboing.com for $150,ooo is a great domain sale for this quarter,
new owner of kboing.co would be a rich man… lol…
RL
We have chatted about this many times. BIN is a great way to sell a lot of domains priced $2,500 or under