The Web’s $100 Million Secret Economy

February Marketplace StatsIn a market that’s set to top $100 million in 2008, the SitePoint Marketplace has been independently ranked the #1 source for buying and selling web real estate.

Jon Wheatley has begun producing monthly stats on the average prices of sites sold on some of the more active online marketplaces:

I had a script developed that crawls the content of some of the most active website marketplaces and grabs the sale price of each web property sold. I then took that information and created some average figures.

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Wheatley compared web site marketplaces in terms of their average listing prices and overall dollar volumes, with the SitePoint Marketplace ranking 900% higher than its closest competitor.

The analysis showed that sitepoint.com had a total of $3,911,992 worth of listings between 495 individual auctions during the month of February, with an average listing price of $7903 per auction, compared to $805.73 for the next closest competitor. In fact, the SitePoint Marketplace’s listing prices totalled $3.9 million for February alone – more than all the other competitors combined.

If you haven’t started dabbling in online real estate, there’s never been a better time to do some reading and get your toes wet.