Archeo, Inc., a division of Marchex, Inc. ((NASDAQ: MCHX), announced today that it sold 50 domain names totaling $1.4 million dollars in first quarter of 2013.
The average price of a domain in the first quarter of 2013 was $27,233 as compared to $27,823 in the fourth quarter of 2012.
In November 2012, Marchex, Inc. announced its intention to spin off its domain assets into Archeo, a separate public company that would function as a premium domain and advertising marketplace. The spin-off is expected to be finalized this summer.
Marchex also published a sample list in November 2012 of 2,000 of its more than 200,000 top domains. Only a few domains have been sold since then, highlighting the considerable depth to the portfolio, Diefendorf said.
“We feel good about Archeo’s progress in the first quarter,” Diefendorf said. “We’re establishing a great team and a scalable platform to take this marketplace to the next level.”
Below is a list of the top 20 domains sold in the first quarter of 2013 for a total of $863k