Escrow Platform's Q2 Domain Sales Hit $90 Million, Up 7% YoY

Escrow.com facilitated domain name sales totaling $90 million in 2Q24. This represents a 7% increase over the $84 million in domain name sales totaled in the first quarter of FY24.

In terms of trends for the quarter, the value of .ai domains declined slightly, totaling $1.8 million in 2Q24.

In terms of trends for the quarter, the value of .ai domain names fell back slightly, from a record $2.6 million in Q1'24 to $1.8 million in Q2'24. The value of domain names increased to $2.5 million. Four-character .com.

The median price of domain names also increased, doubling from $7,500 in 1Q24 to $15,000 in 2Q24.

i. Total transaction value by region

Domain name transaction value from the U.S. fell from $62 million to $55 million. Meanwhile, domain name transactions from Canada increased from $8 million to $11 million.

II. Impact of content on domain name selling price

The median price of the two domain names bundled with content increased from $5,000 in 1Q24 to $8,800 in 2Q24.

from $5,000 in 1Q24 to $8,800 in 2Q24. Meanwhile, the price of domains without content remained at US$5,000 in 2Q24.

The total value of domain names with content increased from $19.7 million in 1Q24 to $21.1 million in 2Q24, while the total value of domain names without content increased from $42.3 million in 1Q24 to $50.9 million in 2Q24.

Two and three letter .com domain names (LL.com, LLL.com)

The median price of two- and three-letter {a-z}.com domain names dropped slightly to $50,000 in Q2'24 from $52,000 in Q1'24. Slight pullback from $52,000 in Q1 '24 to $50,000 in Q2 '24

Four, four-letter .com domain names (LLLL.com)

The median price for four letter .com domains increased from $8,200 in 1Q24 to $15,000 in 2Q24.

V. Two and Three Digit .com Domain Names (NN.com, NNN.com)

Two and three-digit {0-9}.com domain names increased from $106,000 in 1Q24 to $673,000 in 2Q24

VI. Domain Names Containing Hyphen “-”

The value of domain names containing hyphens increased from $295,000 in 1Q24 to $2.5 million in 2Q24.

Domain Names Containing “.ai

The value of “.ai” domain names decreased from $2.6 million in 1Q24 to $1.8 million in 2Q24.