Internet Domain Name Index (IDNX): -2.5% in May

April flowers brought May showers?

After a strong price upswing in April, Domain re-sale prices dropped by 2.5 percent in May, sending the Internet Domain Name Index IDNX back to March levels.

May featured a pretty interesting transaction with MOMS.com closing at $252,000 at Sedo.com. For the three applicants (including Google) competing for the right to issue new .MOM domain names, this sale offers a rare opportunity of market feedback: How much could a new gTLD be worth given that the corresponding .COM domain sold for a quarter million dollars?