Domain Names The Booming Internet Real Estate

I recently was reviewing DN Journal's eye-popping report of top 20 domain name sales. A Canadian city domain name (Penticton.com) sold for $75,000 and a name for an Atlanta neighborhood (Buckhead.com) looks to be making it's way into the $250,000 range (coming up in their next report).

It's amazing about the domain name business, what may look worthless may not be as long as one potential buyer thinks it's a goldmine.

Here is their Top 20 list from March 12 to March 18 of latest domain name sales:

1. Penticton.com - 88,000 CAD= $75,823
2. Stocks.mobi - $70,000
3. IAB.com - $67,250
4. MobileTones.com - $60,000

5. Girls.mobi - $49,000
6. LocalPhone.com - $39,000
7. AsianGames.com - $30,000
8. Conn.com - $29,500
9. Salmiya.com - $29,138
10. CreditCard.info - $25,500
11. DeeJay.com -$21,611

12. MyBadCredit.com - $19,900
13. ScenicHomes.com - $18,000
14. United-Kingdom.com - $15,500

15. CreditCardApplications.net - $14,000

16. Physiotherapie.com - €8,500 = $11,315

17. iTeam.com - $10,650
18. DevelopersGroup.com - $ 8,900
19. NoFun.com - $ 8,780
20. Mint.net - $8,155

And seems like buyers have been snapping them up in the 4 figure range from auctions at front-runner SnapNames.com, eg. sslencryption.com which sold for $2,555. Surely then my domain name LHJL.com should easily sell for around 4 times that amount...at least according to LeapFish.