Domain Name Resale Market Grows to $111 Million in 2006

Domain Name Resale Market Grows to $111 Million in 2006
The domain name aftermarket broke the US$100 million mark in 2006, reaching $111,376,000 across 17,974 domain name sales according to a report by Zetetic. Zetetic reported the average domain name resale price grew by 13 percent, from $4,954 in 2005 to $5,582 in 2006. There were also 5 domain name sales of more than $1million in 2006, compared to one in 2005, while 0.7% of all sales broke the $100,000 mark.
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