xkd.com
$7,100
2008-06-23
namejet.com

hmq.com
$7,300
2008-06-26
namejet.com

other sales falling below http://www.3character.com/priceguide.html which says 7600 was lowest observed last month.

Market correction? Few bad sales? Is the sky really falling?

Both the 3 and 4 letter market was driven almost fully by a domainer feeding frenzy and now the domainers are looking for the exit doors.

some more


BIY.com $7400 (greatdomains)

RYY.com - $7,124 (Bido)

JUA.com - sold for $7600 (Sedo.com). Imo the LLL.com market prices are inflated by domainers and might not be sustainable in the long run.

Originally posted by Ian
Imo the LLL.com market prices are inflated by domainers and might not be sustainable in the long run.

Agree, personally I think we will see prices come back into the $3000-$4000 range on the low end.

Not the best combinations of letters there folks. x,y,q...... J . Those letters are worth more in scrabble for a reason. because they are harder to utilize. Probably not a lot of natural traffic. Good letter combos will still fetch much more than $7500. Anything can be made to work with a huge branding budget, but what would you use these obove example for? i.e., RYY Really yummy yogurt? Rake your yard? JUA? Biy? Actaully, biy might be a good typo for buy.com .

Originally posted by snoopy
Agree, personally I think we will see prices come back into the $3000-$4000 range on the low end.

We can but hope

Not the best combinations of letters there folks. x,y,q...... J . Those letters are worth more in scrabble for a reason. because they are harder to utilize. Probably not a lot of natural traffic. Good letter combos will still fetch much more than $7500.

this is the same thing that gets wheeled out over LLLL.com's too - the prices being looked at are the lowest sales which is the only sector of the market than can really be compared seeing as the domain in that bracket are value pretty much only on the fact they are 3 letters rather than looking at hard to compare attributes like correlation which comes into play the moment you move away from that into "good" 3 letter combination.

the bottom can drop out of 3 letters being the only attribute without having to affect domains where recognition/correlation is the core value and they just happen to be 3 letter domains too.

Recently sold a 3 letter .com in the mid Euro xx,xxx range. Was an enduser sale though.

Sold a pair of LLL.coms last week for $130k

Posting about sales makes no difference to minimum wholesale prices unless you sold below the lowest reported sales level.

Nobody is doubting that domains that are 3 letters long can and do sell for good money - but the only really comparable metric is names selling wholesale where they are poor letters so have nothing else going for them other than being 3 letters long.

Originally posted by safesys
Posting about sales makes no difference to minimum wholesale prices unless you sold below the lowest reported sales level.

Nobody is doubting that domains that are 3 letters long can and do sell for good money - but the only really comparable metric is names selling wholesale where they are poor letters so have nothing else going for them other than being 3 letters long.

Not really - firstly the title and original post refers only to three letter .COM sales prices. You chose to make it about the low-end sales. A few of the sales above weren't bad letters - RYY.com and BIY.com, for example (especially as I is next to U on the keyboard). My point is that for the low-end sales there are high end sales and the average is more meaningful. Lastly, how do you know the sales I made weren't bad letters?

the opening post:

other sales falling below http://www.3character.com/priceguide.html which says 7600 was lowest observed last month.

Originally posted by safesys
the opening post:

And?

So you're saying that all LLL.coms are all exactly the same and there's some kind of gold standard for them? The whole "beauty is in the eye of the beholder" concept that we've spent the last ten years talking about doesn't exist - we can just sell our domains based on a fixed equation? Seems to me that the average sale price last week was about $40,000.

Originally posted by Globalise
And?

So you're saying that all LLL.coms are all exactly the same and there's some kind of gold standard for them? The whole "beauty is in the eye of the beholder" concept that we've spent the last ten years talking about doesn't exist - we can just sell our domains based on a fixed equation? Seems to me that the average sale price last week was about $40,000.

Average and Minimum are two wholly different concepts. There has been minimum pricing for a few years now for 'token' domains which are passed domainer to domainer, this is the first sign that domainer money is finally acting more like a market should behave and stop artificially inflating prices on all types instead of just worthwhile ones. Winning the lottery doesn't change the expected value of each ticket, just because you had the winning one doesn't mean they are all worth more suddenly.