Escrow.com (an advertiser here) published their Domain Investment Index for Q1 2023. Some highlights included a 61.6% increase in total domain sales vs Q4 2022.
The median price of two and three letter .com domains had a slight increase from $45k to $52k in 1Q23.
They wrote:
Domain Investment Index for Q1 2023, reporting a 61.6% increase in total domain name volume, growing from $80.3M in 4Q22 to $129.8M in 1Q23
A resurgence in domain names sales was seen in 1Q23 as the total volume was at its highest since 2Q22. Several mega domains, including Chat.com, Prompt.com and NewYork.com, were seen in the first quarter of 2023 and are expected to continue throughout the year.
Aside from the mega domains, “.ai” domains hit their peak in 1Q23 by reaching a total volume of $1M as interest grows for artificial intelligence services. With the AI revolution steaming forward, this trend is also expected to continue to grow in 2023.
Looking globally, there has been a significant increase in the value of domain name transactions from the United States and the United Kingdom, which have gone up in value from $57M to $87M, and $8M to $22M respectively in 1Q23.
You can download the full report here.
