2000 Eastern Spring Sale Results
2000 Eastern Spring Sale Results
Records were set in nearly every statistical category at the 29th Annual Eastern Spring Sale. New auction records were set across the board just one day after serious trouble in the Stock Markets that saw the Dow Jones Index suffer it's worst single day point loss and the NASDAQ finished a week long 25% free fall. "We expected the numbers to be off somewhat due to the problems in the financial markets on Friday" said Tim Jennings Vice President of Professional Auction Services, Inc. "It didn't seem to bother these horse people at all."
The average sale price rose nine percent (9%) over the 1999 sale average to $3,127 per horse. The median price rose sixteen percent (16%) to $2,900 per horse. Both increases were driven by a dramatic jump in the number of horses sold for $5,000 or more which rose twenty eight percent (28%).
Quarter Horses led the way with an increase in average price of eleven percent (11%) to $3,417. The median price for Quarter Horses was up twenty six percent (26%) to $3,150. Quarter Horses accounted for the High Selling Horse and High Selling Mare.
The average price for Paints increased by sixteen percent (16%) to their highest levels since 1995 at $2,712 and is up forty five percent from it's 1998 low. The average price for the Top Twenty Five selling Paints rose by an impressive thirty two percent (32%). "The Paint market continues to make solid gains in spite of increased number of Paints being registered every year ." said Jennings. "The APHA (American Point Horse Association) has done a great marketing job to increase the breed's exposure."
The average price for Appaloosas jumped fourteen percent (14%) while the number of Appaloosas offered exploded by 175%. "We are pleased with the growth in our Appaloosa market. We have increased our promotion into the App community and they have responded." stated Jennings. "It looks a lot like our Paint Market did eleven years ago."
Most of the horses offered for sale found new owners with 80% of the horses offered actually selling. Buyers came from fifteen states. "This was the strongest Spring Sale we have ever had. It looks like the horse industry boom is still gong strong" said Jennings.
The 2000 Eastern Spring Sale was the 29th Spring sale for Quarter Horses & Paints held in the Sale Pavilion at the Maryland State Fairgrounds in Timonium, Maryland. The past twenty two sales have been managed by Professional Auction Services, Inc. of Leesburg, Virginia. Professional Auction Services, Inc. was founded in 1978 by Mike Jennings and Tim Jennings and has managed over 160 Horse Auctions with sales of nearly $70,000,000.00. Auctioneers for the Sale were Mike Jennings and Tim Jennings of Professional Auction Services, Inc.
For complete results and further information contact Professional Auction Services, Inc. at (800) 240-7900.
Results
Increase over 1999 Sale
All Horses
Average Price (horses actually sold): $3,127 (Increase of 9%)
Median Price: $2,900 (Increase of 16%)
Total Number of Horses Cataloged: 202 (Increase of 8%)
Number of Horses Sold: 156 (Increase of 7%)
Number No Sales: 40
Number of Horses Out: 6
Percentage of Horses Sold: 80%
Top Five Average Price: $10,550 (Increase of 8%)
Top Ten Average Price: $8,735 (Increase of 9%)
Top Twenty Five Average Price: $6,656 (Increase of 9%)
Top Fifty Average Price: $5,355 (Increase of 12%)
# of Horses sold for $5,000 & above: 23 (Increase of 28%)
Quarter Horses
Quarter Horses Average Sale Price: $3,417 (Increase of 11%)
Quarter Horses Median Price: $3,150 (Increase of 26%)
Total Number of Quarter Horses Cataloged: 202 (Increase of 8%)
Number Sold: 105
Number No Sales: 25
Number Out: 5
Percentage Sold: 81%
High Selling Quarter Horse: $15,700 (Increase of 64%)
Quarter Horses Top Five Average Price: $10,550 (Increase of 24%)
Quarter Horses Top Ten Average Price: $8,218 (Increase of 4%)
Quarter Horses Top Twenty Five Average: $6,370 (Increase of 4%)
Quarter Horses Top Fifty Average Price: $5,076 (Increase of 8%)
|
| High Selling Quarter Horses
High Selling Horse -
Hip # 183: One Penny Investment (AQHA)
Hip # 110: Review This Step (AQHA / PHBA)
High Selling Mare -
Hip # 144: Quincys Bold Outlaw (AQHA)
Hip # 70 Aladyte (AQHA) |
Paint Results
Increase over 1999 Sale
Paint Horses Average Sale Price: $2,712 (Increase of 16%)
Paint Horses Median Price: $2,300 (Increase of 10%)
Total Number of Paint Horses Cataloged: 56 (Increase of 12%)
Number Sold: 45 (Increase of 18%)
Number No Sales: 10
Number Out: 1
Percentage Sold: 82%
High Selling Paint Horse: $7,600 (Increase of 62%)
Paint Horses Top Five Average Price: $5,820 (Increase of 41%)
Paint Horses Top Ten Average Price: $4,860 (Increase of 32%)
Paint Horses Top Twenty Five Average: $3,718 (Increase of 32%)
|
| High Selling Paints
High Selling Stallion -
Hip # 12: LBR Rowdy Whisper (APHA)
Hip # 154: Beater Doc (APHA) |
Breakdown of Average Prices
All Horses
High Low #Not
Average Median Seller Seller # Sold Sold # Out % sold
All Horses $3,127 $2,900 $15,700 $525 156 40 6 80%
Weanlings
Yearlings $1,789 $1,425 $4,500 $525 28 8 0 78%
2 Year Olds $2,443 $2,050 $6,000 $775 36 7 1 84%
3 Year Olds $3,545 $3,000 $7,500 $1,200 23 8 1 74%
4 Years + $3,887 $3,500 $15,700 $1,025 69 17 4 80%
High Low #Not
All Horses Average Median Seller Seller # Sold Sold # Out % sold
All Horses $3,127 $2,900 $15,700 $525 156 40 6 80%
All Mares $3,007 $2,750 $9,000 $252 72 20 2 78%
Stallions $2,324 $1,675 $7,600 $700 20 6 1 77%
Geldings $3,512 $3,000 $15,700 $650 64 14 3 82%
Open Mares $2,978 $2,500 $7,500 $525 66 15 2 81%
Bred Mares $3,321 $2,850 $9,000 $1,025 6 5 0 55%
Horses with Show Record
Low #Not
Average Median Seller Seller # Sold Sold # Out % sold
All with Show Record $4,139 $3,500 $15,700 $650 38 11 2 78%
Quarter Horses
High Low #Not
Average Median Seller Seller # Sold Sold # Out % sold
All QH $3,417 $3,150 $15,700 $525 105 25 5 81%
Yearlings $1,944 $1,425 $4,500 $525 16 3 0 84%
2 Year Olds $2,619 $2,500 $6,000 $775 25 5 1 83%
3 Year Olds $3,829 $4,000 $7,500 $1,225 18 5 1 78%
4 Years + $4,201 $3,700 $15,700 $1,300 46 12 3 79%
High Low #Not
Average Median Seller Seller # Sold Sold # Out % sold
All QH $3,417 $3,150 $15,700 $525 105 25 5 81%
All Mares $3,216 $3,150 $9,000 $525 48 10 2 83%
Stallions $2,427 $2,500 $4,500 $800 11 4 1 73%
Geldings $3,863 $3,350 $15,700 $775 46 11 2 81%
High Low #Not
QH Mares Average Median Seller Seller # Sold Sold # Out % sold
All QH Mares $3,216 $3,150 $9,000 $525 48 10 2 83%
Yearling Mares $1,500 $1,200 $2,500 $525 5 0 0 100%
2 Yr Old Mares $3,022 $3,150 $6,000 $1,225 15 3 0 83%
3 Yr Old Mares $3,863 $4,000 $7,500 $1,225 10 3 1 77%
4 Years + $3,494 $3,550 $9,000 $1,300 18 2 1 90%
Open Mares $3,132 $3,150 $7,500 $525 46 7 2 87%
Bred Mares $5,150 $9,000 $1,300 2 3 0 40%
High Low #Not
Quarter Horse Stallions Average Median Seller Seller # Sold Sold # Out % sold
All QH Stallions $2,427 $2,500 $4,500 $800 11 4 1 73%
Yearling Stallions $2,444 $2,350 $4,500 $800 8 3 0 73%
2 Year Old Stallions $3,150 $3,150 $3,150 1 1 0 50%
3 Year Old Stallions $1,500 $1,500 $1,500 1 0 0 100%
4 Years + $2,500 $2,500 $2,500 1 0 1 100%
High Low #Not
QH Geldings Average Median Seller Seller # Sold Sold # Out % sold
All QH Geldings $3,863 $3,350 $15,700 $775 46 11 2 81%
Yearling Geldings $1,350 $1,325 $1,750 $975 3 0 0 100%
2 Year Old Geldings $1,889 $2,050 $4,000 $775 9 1 1 90%
3 Year Old Geldings $4,114 $4,550 $5,700 $2,150 7 2 0 78%
4 Years + Geldings $4,735 $380 $15,700 $1,750 27 8 1 77%
Paints
High Low #Not
Paints Average Median Seller Seller # Sold Sold # Out % sold
All Paints $2,712 $2,100 $7,600 $700 45 10 1 82%
Yearlings $1,735 $1,800 $3,750 $700 10 4 0 71%
2 Year Olds $2,043 $1,875 $4,000 $925 11 1 0 92%
3 Year Olds $3,267 $1,925 $5,900 $1,925 3 1 0 75%
4 Years + $3,449 $3,300 $7,600 $1,500 21 4 1 84%
High Low #Not
Paints Average Median Seller Seller # Sold Sold # Out % sold
All Paints $2,712 $2,100 $7,600 $700 45 10 1 82%
All Paint Mares $2,767 $2,750 $5,100 $925 23 6 0 79%
All Paint Stal. $2,347 $1,500 $7,600 $700 8 2 0 80%
All Paint Geldings $2,830 $2,850 $6,500 $750 14 2 1 88%
High Low #Not
Paints Average Median Seller Seller # Sold Sold # Out % sold
Paints with Color $2,838 $2,800 $7,600 $700 38 8 1 83%
Breed. Stock Paints $2,032 $1,925 $3,550 $750 7 2 0 78%
High Low #Not
Paint Mares Average Median Seller Seller # Sold Sold # Out % sold
All Paint Mares $2,767 $2,750 $5,100 $925 23 6 0 79%
Yearling Mares $2,408 $2,300 $3,000 $1,925 3 2 0 60%
2 Year Old Mares $2,017 $1,950 $3,550 $925 6 1 0 86%
3 Year Old Mares $1,925 $1,925 $1,925 1 0 0 100%
4 Years + Mares $3,262 $3,500 $5,100 $1,500 13 3 0 81%
Open Paint Mares $2,753 $2,750 $5,100 $925 20 6 0 77%
Bred Paint Mares $2,867 $2,850 $3,550 $2,200 3 0 0 100%
High Low # Not
Paint Stallions Average Median Seller Seller # Sold Sold # Out % sold
All Paint Stal. $2,347 $1,500 $7,600 $700 8 2 0 80%
Yearling Stal. $1,700 $1,500 $3,750 $700 5 1 0 83%
2 Year Old Stal. $1,000 $1,000 $1,000 1 0 0 100%
3 Year Old Stal. 0 0 0 *Error*
4 Years + Stallions $4,638 $7,600 $1,675 3 1 0 75%
High Low #Not
Paint Geldings Average Median Seller Seller # Sold Sold # Out % sold
All Paint Geldings $2,830 $2,850 $6,500 $750 14 2 1 88%
Yearling Geldings $813 $875 $750 2 1 0 67%
2 Year Old Geldings 0 0 0 0%
3 Year Old Geldings $5,900 $5,900 $1,975 2 1 0 67%
4 Years + Geldings $3,458 $3,300 $6,500 $1,750 6 0 1 100%
Appaloosas
High Low #Not
Appaloosas Average Median Seller Seller # Sold Sold # Out % sold
All $1,579 $1,200 $3,400 $650 7 4 0 64%
Contact Professional Auction Services today to find out how you, too, can take full
advantage of this phenomenal marketing opportunity.
