As reported across the industry blogs, Moniker.com’s silent auction concluded yesterday.   Among the names that sold for top dollar was the geo domain/geo targeted domain NewYorkRestaurants.com for $30,240.  It took the number 5 position on high sales for the silent auction.  One year ago, no one would have expected a domain like this to sell for $30k.  More than likely, this geo domain was purchased by a reseller and not an end user, which means the domain will be sold for more in the future.

Here are other geo domains that sold for 4 figures in the auction:

Orlando.mobi  $6,030
MarylandAccidentLawyer.com  $4,900
NewYorkAccounting.com  $4,710
WashingonDUILawyer.com $2,360
NewJerseyNews.com  $1,400 (Great Buy)
NewYorkGym.com $1,180

We continue to see descriptive geo domains go up in value even when the economy and domain industry is in a rut.  Many generic domains have gone down in value and under performed in this recent market as Geo Domains have continued to gain value and do very well.

The RickLatona.com auction sold Lisbon.net for $32,000 during the traffic show.  This once again validated the demand and value for geo domains that make sense and are targeted.

Congrats to the Moniker.com team for doing another outstanding job!