I would like to know the answer too. Anyone here know what is the answer to that question. I'll do some Googling and get back to you if I bump into an anything. You should email the people at iPage as they probably could help you..
I realize it's only a small sampling of overall sales, but still interesting to see the 3 letter .org's averaged nearly twice the price of 3 letter .net's..
Interesting post...of course, the sample isn't representative, but it's a good start at looking at some trends. These are sales from Snap, right?..
Yes these are from Snap, I wanted to get a starting point, so everybody would have a guide. I will keep this updated as more end. I just wanted to give an approx avg of some sales, so I think these are close. The LLL.com's are a bit high, but I would still say the avg is approx $4,000 +..
Snap's data points are interesting b/c they reflect a winner's curse phenomena: the desire to win top names often leads to a sales price well above equilibrium value. Still, it's a great market to watch and perhaps suggests price movements before they reverberate elsewhere...
One thing I did notice over the months is that there are more end-users for LLL.org's than there are for LLL.net's...
You have a point about the letter combinations, but it's still interesting to see .Org compare so favorably to .Net, and the 3 letter .Org's have been very strong in general over the past 6-12 months, even at the reseller level..
I'm not trying to knock .Net I'm just giving .Org a pat on the back...
This sales data from SnapNames.com is from 7-5-2006 to 9-17-2006. A little over 2 months...
Hmm, interesting data yes, but perhaps a little misleading....
I think snapnames sales are not a good way to judge prices, as already mentioned, most names tend to go for more than a reseller could have reasonably expected to sell the same name to a domainer for. I also think this particular wedge of data is as much governed by the quality of the letters as it is the extension. Interesting though the data is, I think it would be very unwise to take it as any sort of indication of the LLL markets as a whole...
I would respectfully suggest that using the median price rather than the average (mean) is more statistically significant. Median price is that point at which 50% of the sales are higher and 50% are lower..
For example, using your LLNs:.
Avg Sale Price of LLN.com $202.50 but Median Sale price is $131 which is more representative of the group as a whole..
If you find that within a group, the mean and median are pretty close together, than the variance in prices is small..
Thanx for your efforts in putting this together.
I thought the median in this example would be: ($132+$97)/2 = $114.50.
I may be wrong..
No, it's where half the group of prices are higher and the other half are lower.
Yes, but in this example there are only 4 prices. If you leave out the highest price and the lowest price you have two prices left: $132 and $97. Then you have to find the average of those two prices leaving you with $114.50..
If the examle had 5 prices you would leave out the two highest sales and the two lowest sales and would then find the median in the last and fifth price..
Again, I may very well be wrong! =).
It's interesting, but must be noted those auctions are often more an indication of egos and deep pockets with fixations towards certain types of names, than of the overall market...
You don't leave out the highest and lowest. A median looks at all the prices to determine the point that is +/- 50%..
Btw - if you want to do this in Excel, the code would be =median(a1:a4). Inputting the data, it returns $114.50 as the median price. This is more accurate than my seat-of-the-pants stab at it before..