Sedo’s latest domain market study shows how the online property investment continues to outpace bricks and mortar market.
Sedo announces findings from its latest Quarterly Domain Market Study, highlighting the continued growth of the online property market. The last quarter has witnessed a 5.5 per cent increase on the number of domains changing hands on the Sedo marketplace, compared to Q2 2009 with a total of 9,928 domains changing hands for more than £14 million.
Despite the introduction of new domain extensions, .com remains the most po¬pular top-level domain accounting for more than 45 per cent of all sales on the Sedo market¬place and approximately 80 per cent of all gTLD sales. The average sales price for a domain name has also increased by 37 per cent from £1,031.17 to £1,412.
The report comes off the back of the Halifax Property Index which has also seen an increase in offline property sales. However, in terms of sales price, the domain sector is growing from strength to strength; while house prices in the UK have increased by 7.1 per cent during the past six months, the average cost of a .com domain name has grown by 14.8 per cent in the same period.
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