Escrow.com reports mixed bag for Q3 domain sales

Views:207 Time:2023-11-16 07:23:04 Author: NiceNIC.NET

Escrow.com reports mixed bag for Q3 domain sales | NiceNIC.NET

Total transaction value of domain name sales was down compared to Q2 but domains sold without content were up.

 

Escrow.com released its Q3 market report (pdf) today, and it was a bit of a mixed bag.

 

The company reported that total domain volume slipped from USD $89 million in Q2 to $85 million in Q3.

 

On the upside, transactions of domains without content increased from $40.6 million to $49.7 million quarter to quarter. The median price of domains without content increased from $4,500 to $4,614.

 

Sales of .ai domains decreased from $1.7 million in Q2 to $1.3 million in Q3.

 

Escrow.coms parent company Freelancer.com (ASX:FLN)(OTCQX:FLNCF) recently reported Q3 results. It reported that Escrow.coms total payment volume for Q3, including non-domains, was $122.9 million, down 9.2% compared to the same quarter a year ago. The company noted that fewer very large domain name transactions hurt results, and that a rebound in venture capital funding would help drive more large sales.


Source from Domain Name Wire

 

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