Earlier this morning, Uniregistry published a press release (published below) with its aftermarket domain name sales report from Uniregistry Market for the first 8 months of 2017. While the report doesn’t offer specific details about domain name sales, it offers a general overview of sales on its platform year to date. From what I understand, this aggregated sales data includes domain name sales from Frank Schilling’s Name Administration company as well as the third party sales of Uniregistry Market clients.
You should read the entire press release for more color commentary, but here are the most interesting data points the company shared:
- “it has sold 3617 domains totaling more than 29,000,000 USD in the first 8 months of 2017.”
- “The number of transactions increased by more than 24% over the same time period in 2016”
- “total sales have increased by 13.85% from the 25,000,000 USD sold in the same period prior.”
- “Average sale prices since 2011 have seen steady gains year over year, with 2017 showing some signs of moderation as the average prices dropped marginally for the first time ever to $8,017 USD per domain down from $9,110 USD.”
It was a bit surprising to see that the average sale price on sold domain names declined for the first time since 2011. The average sale price seems to have dropped from $9,110 to $8,017. Despite this 12% shrinkage, I think the average sale price of $8,017 is still higher at Uniregistry Market than on other domain name sale platforms. This is likely attributed to the high quality of domain names listed for sale on Uniregistry Market. That said, there was still a drop in the average sale price, and here’s how the company explained that:
“Dollar volumes moderated during this period, due to continued expansion into exploratory, nontraditional markets such as Generic Top Level Domains (GTLDs) and Country Code Top Level Domain (CCTLD) sales.”
My interpretation of this is that the company sold more ccTLD and new gTLD domain names this year, and those domain names have lower sale prices. As a result, the higher volume of lower sale prices caused the average sale price to drop. In explaining this, it would have been helpful if Uniregistry shared the increased volume of ccTLD and new gTLD sales. For instance, if the volume of these sales increased by 50% over last year, the lower sale price would have been more obvious. If the sales volume increased marginally, the lower average sale price would be more concerning to me.
I am hopeful that the company will release additional data. I believe Uniregistry Market released more sales data to DNJournal last year, and I hope the company does the same thing this year.
Here’s the company’s press release, which offers more insight about its sales and gives a glimpse of its expectations for the future:
CrunchBase