that doesn't say much. We will need to know....
- domain length (how many characters the domain name has)
- brandability / catchiness appeal
- SEO value (how many RDs and backlinks the domain has, and how many of these are still alive and quality... also how good and relevant the anchor texts are)
- niche / industry
- historic data (number of drops, redirects, owners)
The search volume is not an important factor in deciding the price if the domain is poor quality (as considered by SEOs)