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After
a Fast Start to 2023 High End Domain Sales Were MIA in Latest Public
Reports But a Lot is Going on Out of View
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Out latest
bi-weekly Top 20 Domain Sales Chart is the new year's
first one without a six-figure or higher sale on it. Just two
weeks ago there were three at that level totaling
over $1 million. Any time there is a pause at the high end of
the market, especially with all of the economic turmoil in the
world today, some immediately start wondering if its just a
hiccup (which we've seen many of over the years) or the start
of a longer down trend. There are certainly a lot of headwinds
out there (which has made the great
start to 2023 all the more surprising) so anything
could happen but we'll need to see a lot more data over a
longer time frame to make any kind of sound judgment.
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On
the plus side I have been in contact with a couple of the
world's top brokers over the past two weeks and both are
currently closing seven-figure sales but those are
unlikely to be reported publicly due to NDAs. If you want a great
overview of where things stand now and where they may be
headed, be sure to check out our latest Cover Story that was
just released this morning: With
Economic Uncertainty Everywhere Andrew Rosener Details the
Impact on Domains and Why The Best is Yet to Come.
Andrew is one of those top tier brokers who are constantly
closing six and seven figure sales out of public view, so they
have more insight than any of us into what is really happening
on the high side. I've always said, if we could see all of
the sales that happen it would absolutely blow people's
minds. What is released publicly is just a small
fraction of aftermarket activity and it is the bigger
sales that are the ones that mostly likely to be subject to
non-disclosure.
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What
we did see this time out are lot of solid mid-range sales led
by Millionaires.com at $60,100 via SnapNames.
We also witnessed a big rebound for the ccTLDs who
piled up seven chart entries after having just one in our last
report. #2 Vital.io, sold for $60,000 at Sedo,
led the charge for the country codes domains. Two others
reached the top ten including a $44,231 sale of #4 More.ai
by Logan Flatt at Media
Code LLC and Buzzoo.com's
$27,500 sale of #6 CIV.co.
After
racking up seven charted sales last time out, the non .com
gTLDs were limited to two this time around the track, led
by Swetha.xyz's
$49,499 sale of #3 Earlybird.xyz. The buyer, a a
cross-chain messaging protocol for sending data between
blockchains, already has their new site up on the domain.
While
the prices weren't as high this week, one thing remained the
same - the .coms claimed the most chart entries with 11
spots on their side of the ledger.
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By Ron Jackson
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Here is how all of the
leaders stacked up for the two weeks
ending ending Sunday, March 12, 2023:
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The DN Journal Top 20
Highest
Reported Domain Sales - Mon. Feb. 27 - Sun. March 12, 2023
(Foreign
currency to U.S. Dollar Conversions Based on Rates in
Effect March 15, 2023) |
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Domain
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Sold For
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Where
Sold
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1. |
Millionaires.com |
$60,100 |
SnapNames |
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2. |
Vital.io |
$60,000 |
Sedo |
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3. |
Earlybird.xyz |
$49,499 |
Swetha.xyz |
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4. |
More.ai |
$44,321 |
Media
Code LLC |
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5. |
Elek.com |
$40,000 |
Sedo |
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