Figures released today by domain marketplace Sedo show that the effect of the credit crunch may be starting to withdraw, with domain name sales increasing by 6.5% in Q1 ’09 compared to Q4 ’08. A total of 9,326 domain names changed hands in this period.
Key findings from the report include:
- Prices are increasing from the initial credit crunch with a £475 increase in the average price for a .com domain. Average prices for .org and .net also increased on their 2008 equivalents
- ccTLD sales increased in Q1 with .de the most commonly sold ccTLD on the Sedo marketplace. .co.uk sales remained consistent with 2008
- Despite this average sale prices for .de, .co.uk, .at and .eu continued to drop in comparison to their 2008 averages
- Top domain sales of 2008 include top.com for £327,917; body.com for £283,677 and forums.com for £275,794
- Top .co.uk of 2008 include Kos.co.uk for £15,000, FXpro.co.uk for £12,757 and Http.co.uk for £9,358
Nora Nanayakkara, Director of Business Development for Sedo, commented: “The report suggests that we are starting to see the first signs of post-credit crunch recovery in the domain name marketplace. The last year has seen unprecedented change in our industry and we are encouraged by the increase in the number of domains changing hands during this quarter. This is in part a result of businesses moving online to minimise overhead costs in challenging times and this trend may well balance the drops in other areas of the market.”
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