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Domain name price depends upon certain factors which include some technical factors.
A important factor is the extension of your domain:
A domain name with .com extension can fetch more money than other extensions like .net, .org or .info.
Another extremely important consideration is the number of words it contains.
Domains containing single words are easy to remember and are very valuable.
Combination of single word domains and .com extensions can bring you large amount of money.
Two word domains can also be quite valuable, as long as the domain name can easily be monetized, and the TLD is of high quality.
The value decreases when domain name have three or more words. Domain name price depends upon the attractiveness of your domain name.
Domains names which are easy to remember have high market value.