Mike Mann reported selling 3 domain names in July for a total of $68,288. Prices started at $18,000 and went up to $25,400.
Mike Mann sold 3 .com domains which you can see further below. The average reported domain sales price was $22,763.
Mike shared some more stats from a few different days without specific domains or prices:
Domains sold today 13
Average sale price $4,792
Total sales $62,308
Average purchase price $21
Total purchase price $276
Total margin $62,032
Domains sold today 11
Average sale price $5,297
Total sales $58,276
Average purchase price $26
Total purchase price $285
Total margin $57,990
Here is a look at some of Mike Mann’s domain sales and acquisitions from July 2019 with domains AND prices.
Domain name sales:
lubio.com $18,000. Purch. 6/18/11 $70.
ProPawn.com $25,400. Purchased 5.4.09 $7.
CaliforniaLocal.com $24,888. Purchased 1.11.11 $7.
Domain name purchases:
Mike Mann is the owner of DomainMarket.com that offers more than 350,000 premium domain names for sale. Mike sells more domains as he is only reporting what he wants to report. Yes, his overall sales average is below $5,000 so the reported average means that there were quite a few not reported sales for less than $5,000.
I hope there is not someone that thinks that these are all the domains that Mike sold this month. These are just the domains that he chose to report. Also he is purchasing hundreds of domains each month yet he reports only 1 or 2 or not at all. If people were selling only what they were reporting then I wouldn’t have any sales this year!
(One thing to remember is that Mike Mann needs to sell about $2.5+ million worth of domains per year to break even and that he is NOT a flipper. The average holding time for his sold domains is usually more than 5 years.)
Here are all the Mike Mann’s sold domain name reports published on OnlineDomain.com since 2016: