Has the domain niche that everyone thought was untouchable finally hit its peak? Over the past few weeks we have started to see a steady decline in the bottom end prices of LLL.com domains. 3Character.com still reports that the LLL.com market is increasing stating that the current observed minimum wholesale value is up $50 this month to $7650.
This is pretty far from the truth considering the recent sales data taken from multiple venues. Here are some recent LLL.com sales:
2008-06-20 - RYY.com - $7,124
2008-06-23 - XKD.com - $7,100
2008-06-26 - HMQ.com - $7,300
2008-06-26 - BIY.com - $7,400
2008-07-01 - QVK.com - $6,730
2008-07-02 - FQV.com - $6,305
All of these recent sales are below the current ‘observed minimum wholesale’ value posted on 3Character.com on the 1st July 2008. It seems the site isn’t all that accurate after all. You could argue that some of these aren’t of the highest quality but this is incidental considering the minimum wholesale figure doesn’t discriminate and covers all LLL.com domains.
Will this recent decrease in LLL.com domain value incite panic selling. There seems to have been an increase in LLL.com domains on the market recently and this will only decrease their value further. Greater supply is soon followed by decreased demand. Some domain investors think that this is the beginning of a LLL.com price crash and believe prices could fall below $4000 in the coming months. Has the mighty giant, the ’safest’ investment, the domain niche offering ultimate liquidity, finally hit it’s peak?
How this will affect four letter domain sales I do not know but just recently we have seen a marginal increase in LLLL.com sales figures. I believe this is because the peoples gaze has turned to the three letter domain market. Confidence is once again beginning to grow in quad letter domains because the initial scare of falling prices has passed and people have once again begun to reinvestin this niche. Who knows if this will continue as three letter domain sales inevitably affect their four letter domain offspring. They are intertwinedbut many domainers believe the huge gap between the two markets must close sooner or later. What they didn’t believe is that its LLL.com prices decreasing that is closing the gap rather than LLLL.com prices dramatically increasing. What do you think?
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