Have Numeric Domain Values Peaked?
Seeing pricing for numeric domains starting to peak in the secondary market. Short to mid-term reversal might be in order.
— Outcome Brokerage (@RJColby) September 17, 2013
Just before the summer, I wrote an article about the increase in demand for (and value of) numeric domain names. It seemed that just about every domain aftermarket and broker newsletter had 3 and 4 number .com domain names for sale at prices that continued to increase week in and week out for quite some time.
I just saw the above embedded tweet from Ryan Colby, a seasoned domain broker and founder of Outcome Brokerage. It seems that Ryan may have observed that the numeric domain name aftermarket has hit its peak and may be in a decline (possibly short term). As a domain broker, he would likely be in a good position to observe this, as he is in contact with buyers and sellers all day.
I personally do not own any numeric domain names and haven’t been looking to buy any. I have seen auctions and sales posts for them, and it seems the prices continue to rise. Perhaps more are coming on the market as a result of domain owners wishing to cash out a high prices?
Whatever the case is, it is interesting that Ryan has made this observation. I am interested in knowing what you think about the market for numeric domain names right now. Has it hit a peak? Is it “resting?” Is Ryan wrong?
What are your thoughts?
Reach out to Elliot: Twitter | Google + | Facebook | Email