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Domain Sales Pendulum Swings Back to the Positive Side With 6-Figure Sale Leading the Charge

With the current turbulence in the general economy a lot of us have been paying very close attention to domain sales in an effort to gauge their prospects in an environment that become less hospitable. Things did not look good in our past two bi-weekly reports (issued September 21 and October 5th) but, as I noted in those, other factors were in play over that short time frame as it fell during a traditionally slow time in the business cycle - the last weeks of summer when many people are vacationing, moving and getting ready for a new school year. 

With that period firmly behind us now it was encouraging to see the pendulum swing back in a positive direction over the past two

weeks, including the re-appearance of one our favorite animals - the six-figure sale! These back and forth parries and thrusts could be with us for some time to come though as buyers try to decide if this is the right time to pull the trigger and sellers ponder whether to stand firm on pricing or take a more flexible stance. 

The headliner this time out was an impressive $119,911 sale of Sino.xyz  made by that TLD's aftermarket queen, Swetha Yenugula (Swetha.xyz). The buyer, the Sino Group, is a property developer in Hong Kong that already owns Sino.com. This could be a defensive play or they may have separate plans for Sino.xyz. At this writing, the .xyz is redirecting to the .com.

The runner-up spot on our latest all-extension Top 20 Sales Chart is the kind of solid one-word .com you typically see on the upper reaches of the leader board, Fiduciary.com at $84,999 in a sale made through NameJet. .Coms took the next two spots as well, with Sedo moving #3 Fincas.com for $74,250 and #4 TouchWallet.com going for $65,000 in a sale made by Nof Investments. Fincas is a Spanish plural word that can have several meanings, often depending on the country, including ranches, farms or country estates).

Swetha returned to round out the top five with a $35,000 sale of Mew.xyz and she scored a third time with #17 Trellis.xyz at $17,000. Those sales powered a strong performance from the non .com gTLDs with that group going on to pile up eight spots on the elite list. Five of those were .xyz domains (with Sedo and Dynadot each adding one to the .xyz column). The other three were all .org sales - two posted by NameJet and the third by their sister site SnapNames.

 

 

 

 

 

 

 

           By Ron Jackson

The .coms still took their usual majority of chart entries, leaving just one spot for the ccTLDs. That was Sedo's $14,850 sale of #20 Bank.es. Here is how all of the sales leaders stacked up for the two weeks ending Sunday, Oct. 16, 2022:

The DN Journal Top 20 
Highest Reported Domain Sales - Mon. Oct. 3 - Sun. Oct. 16, 2022
(Foreign currency to U.S. Dollar Conversions Based on Rates in Effect Oct. 19, 2022)

 

Domain

Sold For

Where Sold

1. Sino.xyz $119,911 Swetha.xyz
2. Fiduciary.com $84,999 NameJet
3. Fincas.com
("ranches" in Spanish)
75,000 = $74,250 Sedo
4. TouchWallet.com $65,000 Nof Investments
5. Mew.xyz $35,000 Swetha.xyz