The only thing I want to point out is I believe current market conditions are a projection of current economy situation. There is a big feeling of uncertainty in the market and buyers are more cautious. The surprise of the auction was Cotton.com, steal at 77K range and only sold for that price because I was out of the auction room, or it would have gone for at least double than that. Live and learn.
With all that said, I’m closely watching the next auction from Monte and the Moniker.Com team which comes next week, at Affiliate Summit. Why watch this one? We can trade money and domains between ourselves forever but it is the new money, the new buyers outside of our core group, who will really make the difference in the market.
Some of the interesting names to keep an eye on:
Offer.com
Temp.com
LM.Com
DiscountGowns.com
Complete list here.
I couldn’t agree with you more about Cotton.com.
An absolute bargain.
I have seen an awful lot of stuff posted on the blogs and news sites this week suggesting that the domain market was in a downturn because “only” $4.3 million worth of domains were sold in a single afternoon at T.R.A.F.F.I.C. West. Since I have access to more real sales data from more places than anyone else I thought your readers would be interested in the DN Journal post below, especially those who were not at T.R.A.F.F.I.C. where I spoke about actual sales trends Wednesday afternoon.
http://www.dnjournal.com/archive/lowdown/2008/dailyposts/02-23-08.htm
Many of the domain names are very nice (TOP names).
Yahooooo