Reglikedomain industry desk

Domain volume shot up in Q1: Escrow.com

Domain volume shot up in Q1: Escrow.com

The good days are back, as domain sales at Escrow.com in Q1 2023 matched Q1 2022.

Escrow.com chart showing volume of .ai domain transactions. It hit $1M in Q1 2023.

We by now knew that Escrow.com saw a rebound in its business last quarter. Now, the firm has quantified the domain portion of that upswing.

In its just-released Q1 Domain Investment Index (pdf), the firm noted that it handled $129.8 million worth of domain transactions last quarter. That’s up 62% from Q4 2022, when it handled just $80.3 million. It’s essentially even with what the firm noted in Q1 2022.

The firm credits the return of sizable deals for part of the upswing. That includes the $10M+ deal for chat.com. It’s possible that the firm handled a second transaction for that domain in Q2.

Escrow.com stated it handled regarding $1 million in .ai transactions in Q1, a record (see chart). And AI-related domains in other extensions are certainly driving volume, such as the chat.com deal.

The median transaction in Q1 for domains without content was $4,000.

Also on the wire

Other reporting from the domain desk.