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Top 10 Average Domain Name Selling Prices in 2023, Up to $40,000!
Industry Information
02 Jan 2024 04:12:05 PM
Abstract:
The new data covers key aspects such as popular top-level domains (TLDs), average prices, and unique trends observed throughout the year.Over 8,500 domain transactions facilitated through Escrow.Domains valued at over $300 million
Last week, we compiled the top 10 rankings for two-letter, three-letter, four-letter, as well as .xyz and .ai new top-level domains in 2023. This list attracted a lot of attention within the industry. However, the average transaction prices for domain extensions in 2023 were not reviewed. This is not because we were unwilling, but rather because such specialized data is typically held by top platforms in the industry. Recently, Escrow.com released exclusive platform data, focusing on the 2023 trends in top-level domain transactions.
The new data covers key aspects such as popular top-level domains (TLDs), average prices, and unique trends observed throughout the year.
1. Key Highlights of 2023:
- Over 8,500 domain transactions facilitated through Escrow.
- Domains valued at over $300 million transacted through Escrow.
- The average domain price was $35,455.
2. Emerging Trends and Popular Top-Level Domains:
- Unsurprisingly, .com TLD continues to dominate, followed by .ai and .io.
- The .ai domain significantly grew by 210% due to the surge in generative AI technology.
- .io domains decreased by 16% compared to 2022, falling to the third position.
- 226 unique TLDs were transacted in 2023, slightly down (-6%) from 2022.
- The longest domain of the year comprised 32 letters.
- The longest TLD with 10 letters includes .associates, .foundation, .properties, and .technology.
Matt Barrie, CEO of Escrow, commented:
"While we haven't seen the return of venture capital funding to the levels of 2021—venture capital funding drives domain activity—we have indeed witnessed a strong interest in the field related to artificial intelligence.
This year, with companies rushing to establish themselves in this domain, there has been a significant surge in interest in .ai domains. We have facilitated large sales for domains like prompt.com and chat.com.
We anticipate this trend will continue into 2024, with a potential new wave of venture capital pouring into AI startups, and we believe this will set new price records."
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