According to the report, the total value of monthly sales also fell during the quarter by 22 percent.
Sedo CEO Tobias Flaitz expressed concerns around the coming flood of generic Top Level Domains and its effects on domain price.
“We’re going to see the market flooded with hundreds of new domain extensions in the coming months and years, and our data shows that investors and corporations are evidently warming up to the idea of using different extensions,” Flaitz said. ”It will take time and effort before we see mass adoption of new TLDs, and Sedo is contributing its part to raise awareness through global marketing, sales efforts and partnerships with applicants. The fact that more extensions than ever are being traded and successfully used for business is a promising development.”
The study showed that of Sedo’s 9,589 sales in the past quarter, 48 percent were $500 or less, while 6 percent were over $5,000. The median for Sedo sales was $551, while the mean reached $1,830. The highest priced gTLD continues to be .com, while .info continues to fade.
While .com continued to be the extension of over half of all domains sold, traditional extensions like .net, and .org accounted for less than 10 percent of the total. This is despite the fact that a previous Sedo study indicated that 54 percent of people would be hesitant to click on a domain name with an extension other than .com, .net or .org.
Sedo competitor VeriSign had a strong second quarter, beating analyst expectations and raising its revenue outlook for the year to $952 million to $962 million, from its prior forecast of $945 million to $960 million.