Sedo.com released its Market Report for the 3rd Quarter ending September 30, 2012 (pdf), this morning and reported its slowest quarter in terms of the number of transaction for domain names in 2012 and including the 4th quarter of 2011.
Here are the highlights of the report:
The third quarter of the year accounted for a total of 8,181 transactions
In the 2nd Q of 2012 there were 9,049 transactions in the 1st Q of 2012 there were 10,133 transactions and going be to the 4th Q of 2011 there were 8,915 transactions.
In all in the 3Q of 2012 transactions came to a sales value of $15.1 million.
“The average sales price was around $1,900, with a median sales price of $650, ”
“indicating a healthy market overall.”
Live brokers accounted for $5 Million of those sales, while 42% of all sales were Buy It Now (BIN) sales of pre-priced domain names.
However looking back the the last previous 3 quarters cited in the report the total transaction amount declined as well from:
3Q 2012: $15.1
2Q 2012: $17.4
1Q 2012: $16.4
4Q 2100: $19.3
(all amount rounded off)
As far as the prices for domains on Sedo.com system for the 3Q:
46% of total sales fell under $500:
Domains sold between $500 and $2,500 accounted for 40% of all sales.
Domains sold between $2,500 and $5,000 accounted this quarter for 8%,
Only 6% of all transactions were for domains selling for more than $5,000.
.Com accounted for 49% of all sales while .de accounted for 15%.
The next highest percentage of TLD sold were .net and .co.uk both at 5% and .Org at 4%.
The average sales price for .COM domains in the third quarter increased from $2,107 last quarter to $2,225.
The average sales price for .ORG domains increased to $1,313, up 9 percent from the previous quarter. The sale of work.org for $55,000 was a large factor in this increase.
The average sales price of .NET sales plummeted almost $1,000 in the third quarter, suggesting that the high average experienced last quarter was the result of several very high value sales.
Very useful to know all those Sedo stats.
However, I “sold” one domain , about 18 months ago ,on Sedo for a decent price after much bargaining, then when the price was AGREED on Sedo, the buyer reneged on the deal and refused to pay. He totally wasted my time after AGREEING the price on a bona fide site.
Sedo would not take legal action against him. He was in eastern Europe. I was left to take legal action myself , which I didn’t, because it would have cost me a fortune and got me nowhere.
How do you take legal action against a man from another country?
It is bad enough in your own country.
Of course, the buyer was anonymous to me , but known to Sedo, anyway.
Visit
Same thing happened to me but in my case the Seller was in the US.
Still Sedo was of no help and their contract (at the time) didn’t allow recovery my company to recover my attorney fees if I sued the seller
You can read about that here:
http://www.thedomains.com/2010/06/03/seller-defaults-in-sedo-com-auction-of-7-domains-for-a-total-of-almost-200k/
and here
http://www.thedomains.com/2010/06/20/sedo-com-contracts-protects-sedo-but-not-sellers-or-buyers/