New! Q1 2024 Domain Name Transaction Data Report Released

Before you know it, one quarter of 2024 has passed and a number of well-known domain name platforms have completed their statistical reports on public trading data for the first quarter. The overall transaction situation is not optimistic. In terms of two-letter domains, only TP.com was sold for $1.2 million. As for three-letter domains, there were 11 transactions, of which the median price was $27,000. Comparatively, a relatively high number of 1,254 public transactions were made in four-letter domains.

3-Letter Domain Name Sales in Q1 2024

3-Letter Open Transaction Prices

Overall 4-letter domains in Q1 2024

Overall, fluid domain sales increased 89% (YoY) to 18 million.

According to escrow.com, the most notable categories in terms of sales were 2L and 3L.com domains, with sales in the $5.3 million and $9.3 million range, respectively.

All ring medians were down (-37% for 3L, -23% for 4L, 11% for 4N, -5% for 5N, and -13% for 3C), signaling that the investor market may be in trouble.