BrandBucket sent out their newsletter which took a look back at May sales. The first takeaway was that May was largest amount of different sellers with a sale ever, 62 individual sellers recorded at least one sale.
Removing sales over $10k, the average sale amount was $2809, slightly below the $2,881 in April. In March the average sale was $2,793
A Quick Look Back at May
Sales continued their upward trend for the year. In May we saw the largest amount of different sellers with a sale ever — 62 of you closed a deal, which is an increase of 3 over April. Removing sales over $10k, the average sale amount was $2,809.
The names sold in May were also on average older than the names sold in April. The average listing time was 33 months (two years and 9 months), and the median listing time was 36 months (three years). The shortest amount of time before a sale was 2 months, and the longest amount of time before a sale was 8 years and 1 month. The chart below titled “Time on Market” shows additional data for May.