The
U.S. didn't start seeing the
full force of the global Covid-19
pandemic until 1Q-2020 was winding
down, so we will have to wait for
Escrow's 2Q report to see how that
calamity affects transactions on
their popular platform.
Some
of the highlights from the new
report include these observations:
*
Domain prices grew from last
quarter, with especially high growth for
5 character domain names, a
category that reached a record
quarterly high across 17 years
of Escrow data.
* The U.S. led Q1 2020 global domain sales at
$70 million, followed by the UK with
$10.1 million.
* Q1 2020 domain names with content tripled the volume of Q4 2019,
a double edged sword as that was partly due to a surge in transactions of lower-priced domains.
* Prices for Two to three
number .com domains increased
surged in Q1 2020, reaching the 2nd
highest quarterly level in
Escrow.com history with a median
price of $193,500.
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