Average Up, Median and Gross Down on Day 11 of Keeneland Sale

Average Up, Median and Gross Down on Day 11 of Keeneland Sale
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Edited press release
The strong pace continued at Keeneland's September Yearling Sale, one day after the auction house set a new world record for gross sales.

Through 11 days of the sale, Keeneland has sold 2,867 horses for $391,359,000, an average of $136,505 and a median of $60,000. The gross, average and median are up 3.8%, 5.7% and 15.4%, respectively.

"We continue to see a deep and wide mix buyers, even in these final days of the sale," said Geoffrey Russell, Keeneland's director of sales. "Pinhookers and other buyers from across America remain very active, while an international contingent of buyers representing countries such as Russia and Sweden are making their presence known."

Keeneland sold 266 horses Friday for $5,652,000, down slightly from a year ago when 279 horses brought $5,810,200. The day's average of $21,248 was up 2% over $20,825 in 2005, while the median dipped 13.3% to $13,000 from $15,000 last year.

Stanley D. Petter, Jr., agent, purchased the session topper, bidding $150,000 for a filly by Our Emblem. Consigned by Eaton Sales, agent for Overbrook Farm, the filly is the first foal from the Storm Cat mare Restless Cat, a full sister to multiple stakes winner and sire Hennessy.

The September Sale continues through Monday, Sept. 25. Sessions start at 10:00 a.m. daily.

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