March 6, 2007; 01:25 AM
Domain name research and appraisal services firm Zetetic reports that
the domain name aftermarket broke the $100 million mark in 2006,
reaching US$111,376,000 across 17,974 domain name sales.
"Everyone knew this was a record year for the industry, and these
numbers confirm that across the board," Zetetic Senior Analyst Keith
Pieper said. "It continues to be a sellers market."
The average domain name resale price grew by 13 percent, from US$4,954
in 2005 to US$5,582 in 2006. The appreciation average increased over
the 2004 to 2005 period where it was at 10 percent.
Zetetic also reveals that five transactions broke the US$1 million
dollar mark in 2006, relative to one in 2005 (see Top Sales Records http://www.zetetic.com/domain-name-sales.html).
"Overall, only 0.7 percent of all sales break the US$100,000 mark, much
less one million," Pieper said. "Most domain owners continue to exhibit
'irrational exuberance' asking high prices for names that do not
deserve a premium. However, when the market is this robust, sellers can
shoot high with some degree of confidence."
Zetetic's historical aftermarket sales database now accounts for nearly
34,000 transactions since 2003 amounting to more than US$272 million in
Zetetic is an independent domain name research company providing
appraisal and analytical services to domain name registrars, brokers,
owners, buyers, sellers, speculators and aggregators. Zetetic has
aggregated over 34,000 domain sale transactions across over 100 sources
since 2003 and has a historical database reaching back to 1996. Zetetic
now adds nearly 2,000 additional transactions to it's database each
month. Zetetic currently uses this information to provide domain name
appraisals directly to domain name owners, buyers and affiliate resale
partners using algorithmic and analyst appraisal methodologies.
For more information, please contact Zetetic at 1-877-ZETETIC or visit http://www.Zetetic.com