Escrow.com compiled a number of stats that take a look back at all the pertinent trends on their platform. 8500 + transactions. $300M worth of domains. After .com it was .ai with the second highest average price at $26,441. No other extension hit $16,000.
Key Highlights of 2023:
- Over 8,500 domain transactions through Escrow.com
- More than US$300M worth of domains were transacted through Escrow.com
- Average domain name price stood at US$35,455
Emerging Trends and Popular TLDs:
- In no surprise, dominance of .com TLD continues, followed by .ai and .io
- Significant 210% growth in .ai domains, driven by the surge in generative AI technology
- .io domains experienced a 16% decrease compared to 2022, falling to the third position
Additional Insights:
- 226 unique TLDs transacted in 2023, a slight decrease (-6%) from 2022
- The year’s longest domain name contained 32 letters
- Longest TLDs contained 10 letter, including .associates, .foundation, .properties, and .technology
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