State of the Market
Performance statistics for the Thoroughbred sales market since 2000.
Results from North American Thoroughbred sales cumulatively and by horse type. Note that some sale horses fit multiple categories, such as racing/broodmare prospects, so the sum of individual horse type categories will not equal the cumulative results. Sale results may be incomplete but are updated throughout sale days. Last Updated:
- Cumulative
- Weanlings
- Yearlings
- Yearlings & 'Short Yearlings'
- 2YOs In Training
- Racing Age
- Broodmares
- Stallions
- Seasons & Shares
Cumulative
Cumulative Includes all horse types for all available North American Thoroughbred sales.
| Year | Offered | Sold | RNAs | Gross | Average |
Average Pct. vs. Prev. Year |
Median |
|---|---|---|---|---|---|---|---|
| 2018 | 5,122 | 3,900 | 1,222 | $240,370,900 | $61,634 | -17.0 % | $22,000 |
| 2017 | 18,196 | 13,423 | 4,773 | $997,193,129 | $74,290 | 12.1 % | $22,000 |
| 2016 | 18,895 | 13,714 | 5,181 | $908,686,182 | $66,260 | -1.2 % | $20,000 |
| 2015 | 18,871 | 14,030 | 4,841 | $941,038,637 | $67,073 | 4.9 % | $22,000 |
| 2014 | 19,371 | 14,723 | 4,648 | $941,652,660 | $63,958 | -2.6 % | $25,000 |
| 2013 | 17,464 | 13,968 | 3,496 | $917,555,518 | $65,690 | 20.7 % | $25,000 |
| 2012 | 17,239 | 13,201 | 4,039 | $718,407,726 | $54,421 | 5.6 % | $20,000 |
| 2011 | 18,739 | 14,134 | 4,605 | $728,723,818 | $51,558 | 23.7 % | $15,000 |
| 2010 | 20,631 | 14,805 | 5,826 | $617,292,260 | $41,695 | -0.7 % | $11,500 |
| 2009 | 22,066 | 15,717 | 6,349 | $659,913,611 | $41,987 | -21.0 % | $10,500 |
| 2008 | 26,549 | 18,299 | 8,250 | $972,823,522 | $53,163 | -8.6 % | $13,000 |
| 2007 | 29,424 | 21,215 | 8,209 | $1,234,507,605 | $58,190 | -2.1 % | $15,000 |
| 2006 | 29,060 | 21,306 | 7,754 | $1,266,918,841 | $59,463 | 8.1 % | $15,000 |
| 2005 | 28,273 | 20,718 | 7,555 | $1,139,283,225 | $54,990 | 5.7 % | $13,138 |
| 2004 | 26,782 | 20,290 | 6,492 | $1,055,132,219 | $52,003 | 16.6 % | $13,000 |
| 2003 | 25,788 | 19,184 | 6,604 | $855,663,708 | $44,603 | 7.3 % | $10,000 |
| 2002 | 25,153 | 18,510 | 6,643 | $769,643,030 | $41,580 | -6.1 % | $10,000 |
| 2001 | 26,539 | 19,105 | 7,434 | $845,917,306 | $44,277 | -14.1 % | $9,000 |
| 2000 | 28,397 | 21,166 | 7,231 | $1,091,153,819 | $51,552 | - | $11,000 |
Weanlings
Weanlings Includes all weanlings offered through North American mixed sales.
| Year | Offered | Sold | RNAs | Gross | Average |
Average Pct. vs. Prev. Year |
Median |
|---|---|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | $0 | $0 | - | $0 |
| 2017 | 1,630 | 1,140 | 490 | $73,590,850 | $64,553 | 8.2 % | $28,000 |
| 2016 | 1,588 | 1,025 | 563 | $61,172,257 | $59,680 | -7.3 % | $25,000 |
| 2015 | 1,653 | 1,134 | 519 | $73,014,462 | $64,387 | 17.4 % | $21,000 |
| 2014 | 1,719 | 1,195 | 524 | $65,526,322 | $54,834 | 3.3 % | $25,000 |
| 2013 | 1,418 | 1,163 | 255 | $61,711,281 | $53,062 | 31.5 % | $28,000 |
| 2012 | 1,673 | 1,219 | 454 | $49,200,415 | $40,361 | -23.0 % | $20,000 |
| 2011 | 1,576 | 1,229 | 347 | $64,421,877 | $52,418 | 56.7 % | $17,000 |
| 2010 | 1,868 | 1,352 | 516 | $45,215,963 | $33,444 | -14.1 % | $10,000 |
| 2009 | 1,912 | 1,302 | 610 | $50,719,545 | $38,955 | 4.0 % | $12,500 |
| 2008 | 2,447 | 1,526 | 921 | $57,172,168 | $37,465 | -15.6 % | $10,000 |
| 2007 | 2,948 | 1,954 | 994 | $86,770,649 | $44,407 | -10.5 % | $17,000 |
| 2006 | 2,848 | 2,030 | 818 | $100,753,143 | $49,632 | 13.5 % | $17,000 |
| 2005 | 2,562 | 1,824 | 738 | $79,737,644 | $43,716 | 19.0 % | $15,000 |
| 2004 | 2,649 | 1,952 | 697 | $71,730,989 | $36,747 | -6.7 % | $15,000 |
| 2003 | 2,232 | 1,728 | 504 | $68,058,938 | $39,386 | 26.4 % | $12,000 |
| 2002 | 2,029 | 1,575 | 454 | $49,061,493 | $31,150 | 14.6 % | $11,000 |
| 2001 | 2,650 | 1,933 | 717 | $52,534,780 | $27,178 | -23.9 % | $7,000 |
| 2000 | 3,236 | 2,346 | 890 | $83,758,024 | $35,702 | - | $10,000 |
Yearlings
Yearlings Includes only yearlings offered at auction after July 1 of a given year.
| Year | Offered | Sold | RNAs | Gross | Average |
Average Pct. vs. Prev. Year |
Median |
|---|---|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | $0 | $0 | - | $0 |
| 2017 | 8,496 | 6,250 | 2,246 | $466,748,034 | $74,680 | 14.5 % | $22,000 |
| 2016 | 8,734 | 6,199 | 2,535 | $404,200,550 | $65,204 | -4.3 % | $20,000 |
| 2015 | 8,538 | 6,244 | 2,294 | $425,371,657 | $68,125 | 7.6 % | $24,000 |
| 2014 | 8,722 | 6,516 | 2,206 | $412,411,193 | $63,292 | -1.2 % | $25,000 |
| 2013 | 8,061 | 6,417 | 1,644 | $411,128,630 | $64,069 | 15.0 % | $25,000 |
| 2012 | 7,785 | 5,975 | 1,810 | $332,807,758 | $55,700 | 9.0 % | $21,000 |
| 2011 | 8,515 | 6,411 | 2,104 | $327,751,931 | $51,123 | 21.0 % | $17,000 |
| 2010 | 9,776 | 6,941 | 2,835 | $293,217,007 | $42,244 | -1.2 % | $11,000 |
| 2009 | 10,411 | 7,186 | 3,225 | $307,286,001 | $42,762 | -22.9 % | $10,000 |
| 2008 | 11,707 | 8,071 | 3,636 | $447,744,889 | $55,476 | -7.4 % | $15,000 |
| 2007 | 12,284 | 8,969 | 3,315 | $537,294,709 | $59,906 | -4.1 % | $16,000 |
| 2006 | 12,220 | 8,897 | 3,323 | $556,038,746 | $62,497 | 5.1 % | $15,000 |
| 2005 | 12,197 | 8,938 | 3,259 | $531,402,996 | $59,454 | 3.8 % | $15,000 |
| 2004 | 11,169 | 8,371 | 2,798 | $479,444,333 | $57,274 | 10.7 % | $15,000 |
| 2003 | 10,579 | 7,969 | 2,610 | $412,298,914 | $51,738 | 10.9 % | $13,500 |
| 2002 | 11,157 | 8,137 | 3,020 | $379,679,067 | $46,661 | -20.1 % | $12,000 |
| 2001 | 11,139 | 7,899 | 3,240 | $461,386,303 | $58,411 | -1.6 % | $10,000 |
| 2000 | 11,349 | 8,513 | 2,836 | $505,329,908 | $59,360 | - | $13,000 |
Yearlings & 'Short Yearlings'
Yearlings & 'Short Yearlings' Includes the sales results of Thoroughbred yearlings offered during a calendar year through mixed and yearling auctions.
| Year | Offered | Sold | RNAs | Gross | Average |
Average Pct. vs. Prev. Year |
Median |
|---|---|---|---|---|---|---|---|
| 2018 | 1,034 | 741 | 293 | $21,461,100 | $28,962 | -58.0 % | $10,000 |
| 2017 | 9,596 | 6,989 | 2,607 | $481,704,934 | $68,923 | 13.7 % | $20,000 |
| 2016 | 9,812 | 6,963 | 2,849 | $421,919,650 | $60,595 | -5.3 % | $18,000 |
| 2015 | 9,355 | 6,875 | 2,480 | $440,106,357 | $64,015 | 8.2 % | $22,000 |
| 2014 | 9,744 | 7,280 | 2,464 | $430,538,043 | $59,140 | -1.5 % | $22,000 |
| 2013 | 9,037 | 7,162 | 1,875 | $429,839,780 | $60,017 | 13.5 % | $22,000 |
| 2012 | 8,560 | 6,571 | 1,989 | $347,531,508 | $52,889 | 11.1 % | $20,000 |
| 2011 | 9,423 | 7,096 | 2,327 | $337,828,156 | $47,608 | 19.1 % | $15,000 |
| 2010 | 10,744 | 7,567 | 3,177 | $302,542,657 | $39,982 | -0.2 % | $10,000 |
| 2009 | 11,437 | 7,897 | 3,540 | $316,500,001 | $40,079 | -22.2 % | $10,000 |
| 2008 | 13,184 | 9,092 | 4,092 | $468,250,939 | $51,501 | -6.9 % | $12,500 |
| 2007 | 13,988 | 10,160 | 3,828 | $561,846,659 | $55,300 | -3.0 % | $15,000 |
| 2006 | 13,950 | 10,160 | 3,790 | $579,265,896 | $57,014 | 3.8 % | $14,000 |
| 2005 | 13,726 | 10,088 | 3,638 | $553,928,546 | $54,910 | 4.0 % | $13,500 |
| 2004 | 12,524 | 9,412 | 3,112 | $497,153,983 | $52,821 | 9.8 % | $13,207 |
| 2003 | 11,699 | 8,843 | 2,856 | $425,251,514 | $48,089 | 10.0 % | $12,000 |
| 2002 | 12,123 | 8,941 | 3,182 | $390,714,442 | $43,699 | -16.8 % | $11,000 |
| 2001 | 12,608 | 9,002 | 3,606 | $473,044,553 | $52,549 | -3.6 % | $9,000 |
| 2000 | 12,642 | 9,529 | 3,113 | $519,424,808 | $54,510 | - | $11,500 |
2YOs In Training
2YOs In Training Results emphasize the 2-year-olds in training market by including only juveniles offered between March 1 and July 1. All other 2-year-olds are included in the ‘Racing Age’ section.
| Year | Offered | Sold | RNAs | Gross | Average |
Average Pct. vs. Prev. Year |
Median |
|---|---|---|---|---|---|---|---|
| 2018 | 2,691 | 2,090 | 601 | $187,475,600 | $89,701 | -6.1 % | $40,000 |
| 2017 | 2,572 | 2,053 | 519 | $196,148,000 | $95,542 | 21.0 % | $40,000 |
| 2016 | 2,992 | 2,227 | 765 | $175,841,800 | $78,959 | -3.7 % | $35,000 |
| 2015 | 2,908 | 2,218 | 690 | $181,801,800 | $81,967 | 13.1 % | $37,000 |
| 2014 | 3,110 | 2,423 | 687 | $175,654,000 | $72,494 | -1.8 % | $35,000 |
| 2013 | 2,585 | 2,087 | 498 | $154,098,850 | $73,837 | 22.7 % | $35,000 |
| 2012 | 2,733 | 2,134 | 599 | $128,390,100 | $60,164 | 15.1 % | $27,000 |
| 2011 | 2,985 | 2,245 | 740 | $117,319,250 | $52,258 | -2.0 % | $22,000 |
| 2010 | 2,755 | 1,969 | 786 | $104,969,800 | $53,311 | 9.8 % | $21,000 |
| 2009 | 3,219 | 2,269 | 950 | $110,154,250 | $48,547 | -5.7 % | $20,000 |
| 2008 | 3,554 | 2,461 | 1,093 | $126,747,200 | $51,502 | -19.7 % | $20,000 |
| 2007 | 4,115 | 2,777 | 1,338 | $178,023,600 | $64,106 | 20.9 % | $22,000 |
| 2006 | 3,606 | 2,603 | 1,003 | $138,046,050 | $53,033 | -14.8 % | $24,000 |
| 2005 | 4,058 | 2,758 | 1,300 | $171,638,500 | $62,233 | 33.5 % | $25,000 |
| 2004 | 3,383 | 2,512 | 871 | $117,111,950 | $46,621 | 17.5 % | $20,000 |
| 2003 | 3,583 | 2,403 | 1,180 | $95,317,621 | $39,666 | 0.5 % | $17,000 |
| 2002 | 3,266 | 2,157 | 1,109 | $85,093,968 | $39,450 | 1.0 % | $18,000 |
| 2001 | 3,244 | 2,093 | 1,151 | $81,770,304 | $39,068 | -9.7 % | $20,000 |
| 2000 | 3,387 | 2,229 | 1,158 | $96,432,714 | $43,263 | - | $21,000 |
Racing Age
Racing Age Includes all horses of racing age plus horses cataloged as broodmare/racing prospects, stallion/racing prospects, and racing prospects. For 2-year-olds, this section excludes horses offered at 2-year-olds in training sales between March 1 and July 1, which are are aggregated in the ‘2YOS in Training’ section.
| Year | Offered | Sold | RNAs | Gross | Average |
Average Pct. vs. Prev. Year |
Median |
|---|---|---|---|---|---|---|---|
| 2018 | 613 | 484 | 129 | $17,957,500 | $37,102 | -56.2 % | $10,500 |
| 2017 | 1,353 | 1,075 | 278 | $91,128,342 | $84,771 | 19.0 % | $12,000 |
| 2016 | 1,469 | 1,195 | 274 | $85,147,959 | $71,254 | 4.1 % | $15,000 |
| 2015 | 1,788 | 1,404 | 384 | $96,057,806 | $68,417 | -2.6 % | $15,000 |
| 2014 | 1,644 | 1,335 | 309 | $93,765,801 | $70,237 | 9.6 % | $17,000 |
| 2013 | 1,536 | 1,246 | 290 | $79,824,311 | $64,064 | -15.2 % | $14,750 |
| 2012 | 1,291 | 1,027 | 264 | $77,616,087 | $75,576 | 19.0 % | $9,000 |
| 2011 | 1,303 | 1,043 | 260 | $66,230,913 | $63,500 | 31.1 % | $10,000 |
| 2010 | 1,479 | 1,094 | 385 | $52,970,733 | $48,419 | 0.1 % | $8,000 |
| 2009 | 1,364 | 1,065 | 299 | $51,510,773 | $48,367 | -44.2 % | $9,000 |
| 2008 | 1,949 | 1,452 | 497 | $125,880,279 | $86,694 | 78.5 % | $10,000 |
| 2007 | 1,749 | 1,402 | 347 | $68,099,313 | $48,573 | -46.8 % | $6,350 |
| 2006 | 2,182 | 1,752 | 430 | $159,841,447 | $91,234 | 52.3 % | $8,500 |
| 2005 | 1,412 | 1,141 | 271 | $68,361,795 | $59,914 | -13.1 % | $5,300 |
| 2004 | 1,804 | 1,427 | 377 | $98,340,012 | $68,914 | 69.6 % | $7,000 |
| 2003 | 1,801 | 1,402 | 399 | $56,952,708 | $40,622 | -8.0 % | $4,500 |
| 2002 | 1,730 | 1,354 | 376 | $59,813,014 | $44,175 | 3.2 % | $6,200 |
| 2001 | 1,754 | 1,364 | 390 | $58,371,043 | $42,794 | -23.0 % | $5,500 |
| 2000 | 1,989 | 1,548 | 441 | $86,013,937 | $55,565 | - | $6,500 |
Broodmares
Broodmares Includes all female horses that have been bred or produced at least one foal plus broodmare prospects and broodmare/racing prospects.
| Year | Offered | Sold | RNAs | Gross | Average |
Average Pct. vs. Prev. Year |
Median |
|---|---|---|---|---|---|---|---|
| 2018 | 1,197 | 917 | 280 | $29,581,600 | $32,259 | -61.5 % | $10,000 |
| 2017 | 3,876 | 2,809 | 1,067 | $235,390,920 | $83,799 | 7.9 % | $17,000 |
| 2016 | 3,944 | 3,029 | 915 | $235,153,228 | $77,634 | 12.5 % | $15,000 |
| 2015 | 4,271 | 3,278 | 993 | $226,283,725 | $69,031 | -10.3 % | $18,000 |
| 2014 | 4,158 | 3,302 | 856 | $254,115,256 | $76,958 | -7.9 % | $20,000 |
| 2013 | 3,840 | 3,080 | 760 | $257,394,582 | $83,570 | 27.6 % | $20,000 |
| 2012 | 3,723 | 2,832 | 892 | $185,440,312 | $65,480 | -0.4 % | $12,000 |
| 2011 | 4,147 | 3,057 | 1,090 | $200,982,831 | $65,745 | 48.6 % | $11,000 |
| 2010 | 4,502 | 3,364 | 1,138 | $148,870,250 | $44,254 | -1.6 % | $10,000 |
| 2009 | 4,810 | 3,721 | 1,089 | $167,418,325 | $44,993 | -22.3 % | $9,300 |
| 2008 | 6,329 | 4,477 | 1,852 | $259,221,916 | $57,901 | -17.5 % | $10,500 |
| 2007 | 7,287 | 5,448 | 1,839 | $382,514,906 | $70,212 | 9.1 % | $12,000 |
| 2006 | 7,428 | 5,536 | 1,892 | $356,423,900 | $64,383 | 9.5 % | $11,000 |
| 2005 | 6,923 | 5,236 | 1,687 | $307,792,388 | $58,784 | 6.0 % | $9,750 |
| 2004 | 6,720 | 5,241 | 1,479 | $290,668,032 | $55,460 | 27.8 % | $9,000 |
| 2003 | 6,699 | 5,004 | 1,695 | $217,190,403 | $43,403 | 4.9 % | $6,500 |
| 2002 | 6,126 | 4,602 | 1,524 | $190,453,302 | $41,385 | 10.8 % | $6,700 |
| 2001 | 6,612 | 4,980 | 1,632 | $185,970,143 | $37,343 | -32.2 % | $6,500 |
| 2000 | 7,343 | 5,681 | 1,662 | $313,066,089 | $55,108 | - | $9,000 |
Stallions
Stallions Includes active stallions, stallion prospects, and stallion/racing prospects.
| Year | Offered | Sold | RNAs | Gross | Average |
Average Pct. vs. Prev. Year |
Median |
|---|---|---|---|---|---|---|---|
| 2018 | 37 | 32 | 5 | $488,800 | $15,275 | -65.1 % | $8,000 |
| 2017 | 138 | 123 | 15 | $5,383,100 | $43,765 | 11.8 % | $20,000 |
| 2016 | 161 | 141 | 20 | $5,521,083 | $39,157 | 6.2 % | $20,000 |
| 2015 | 189 | 152 | 37 | $5,602,424 | $36,858 | -12.4 % | $13,500 |
| 2014 | 141 | 127 | 14 | $5,345,518 | $42,091 | -17.8 % | $20,000 |
| 2013 | 166 | 141 | 25 | $7,223,700 | $51,232 | 134.2 % | $20,000 |
| 2012 | 136 | 112 | 24 | $2,449,600 | $21,871 | -24.0 % | $8,000 |
| 2011 | 127 | 108 | 19 | $3,107,700 | $28,775 | 5.9 % | $12,750 |
| 2010 | 177 | 149 | 28 | $4,048,883 | $27,174 | 42.1 % | $8,900 |
| 2009 | 148 | 126 | 22 | $2,408,715 | $19,117 | -11.5 % | $9,750 |
| 2008 | 194 | 151 | 43 | $3,260,759 | $21,594 | -13.0 % | $9,000 |
| 2007 | 210 | 173 | 37 | $4,292,200 | $24,810 | -63.3 % | $9,000 |
| 2006 | 156 | 139 | 17 | $9,406,300 | $67,671 | 266.8 % | $10,000 |
| 2005 | 174 | 139 | 35 | $2,564,241 | $18,448 | -54.8 % | $2,400 |
| 2004 | 183 | 157 | 26 | $6,413,401 | $40,850 | 262.8 % | $10,000 |
| 2003 | 178 | 153 | 25 | $1,722,650 | $11,259 | -7.8 % | $5,000 |
| 2002 | 197 | 167 | 30 | $2,040,340 | $12,218 | -25.3 % | $4,400 |
| 2001 | 223 | 198 | 25 | $3,239,950 | $16,363 | 56.8 % | $7,100 |
| 2000 | 202 | 170 | 32 | $1,773,663 | $10,433 | - | $4,500 |
