Record Sale Average at Eastern Summer Sale 2000
Records were set in nearly every statistical category at the Eastern Summer
Sale. New auction records were set across the board with the largest
increases coming in gross sales, up thirty three percent (33%) and average
price. "This was the best Summer Sale we have ever had. It looks like the
horse industry boom is still going strong" said Tim Jennings, Vice President
of Professional Auction Services, Inc.
The average sale price rose fourteen percent (14%) over the 1999 sale average
to $2,640 per horse. The median price rose eight percent (8%) to $2,150 per
horse. Both increases were driven by a dramatic jump in the number of horses
sold for $5,000 or more which doubled from the 1999 sale. The top end of the
market improved with the average price for the top fifty sellers jumping
twenty one percent (21%).
Quarter Horses led the way with an increase in average price of twenty three
percent (23%) to $2,900. Quarter Horses accounted for the nine of the top
ten sellers including the High Selling Horse.
The 2000 Eastern Summer Sale was the first time Professional Auction
Services, Inc. has held it’s Summer Quarter Horse and Paint Sale in the Sale
Pavilion at the Maryland State Fairgrounds in Timonium, Maryland. The
Eastern Summer Sale had been held at the Virginia State Fairgrounds in
Richmond until 1999 when it was moved to the North Carolina State Fairgrounds
in Raleigh. “Since the horse facility in Richmond has been torn down we have
been looking for a home for this sale. The Fairgrounds in Raleigh was
available last year because of the Special Olympics but they didn’t have an
open date this year.” said Jennings. “The move to Maryland seems to have
worked.”
The Eastern Summer Sale was produced 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.
| Eastern Summer Sale | Increase from 1999 |
| Overall average $2,640 | (Increase of 14%) |
| Total Sold 172 | (Increase of 17%) |
| Gross$454,000 | (Increase of 33%) |
| Top 10 Average $7,360 | (Increase of 14%) |
| Top 25 Average $5,866 | (Increase of 19%) |
| Top 50 Average $4,695 | (Increase of 21%) |
| Median $2,150 | (Increase of 8%) |
Eastern Summer Sale - Breakdown of Averages
All Horses
High Low # Not # All Horses Average Median Seller Seller Sold Sold Out % sold All Horses $2,640 $2,150 $9,500 $625 172 59 11 74% Yearlings $1,925 $1,600 $6,500 $625 34 11 0 76% 2 Year Olds $2,443 $2,000 $9,500 $875 33 9 1 79% 3 Year Olds $3,107 $3,000 $8,200 $625 24 6 1 80% 4 Years + $2,949 $2,500 $7,800 $900 81 32 9 72% All Horses All Horses $2,640 $2,150 $9,500 $625 172 59 11 74% All Mares $2,467 $2,000 $7,800 $625 92 26 5 78% Stallions $2,662 $2,200 $7,000 $875 17 11 1 61% Geldings $2,886 $2,300 $9,500 $875 63 22 5 74% Open Mares $2,392 $2,000 $7,500 $625 73 23 4 76% Bred Mares $2,751 $2,050 $7,800 $1,000 19 3 1 86% Horses with Show Record All $3,909 $3,500 $7,800 $1,400 29 15 1 66% Quarter Horses All Quarter Horses $2,900 $2,500 $9,500 $625 116 41 8 74% Yearlings $2,074 $1,600 $6,500 $625 20 9 0 69% 2 Year Olds $2,652 $2,550 $9,500 $1,050 23 8 1 74% 3 Year Olds $3,552 $1,700 $8,200 $625 16 6 1 73% 4 Years + $3,107 $3,400 $7,500 $900 57 18 6 76% All Quarter Horses $2,900 $2,500 $9,500 $625 116 41 8 74% All Mares $2,651 $2,500 $7,500 $625 58 17 4 77% Stallions $2,871 $2,600 $7,000 $875 13 4 0 76% Geldings $3,228 $2,600 $9,500 $900 45 20 4 69% All QH Mares $2,651 $2,500 $7,500 $625 58 17 4 77% Yearling Mares $1,752 $1,600 $3,500 $625 12 5 0 71% 2 Year Old Mares $2,200 $3,050 $1,150 9 2 0 82% 3 Year Old Mares $3,766 $6,500 $625 8 3 0 73% 4 Years + $2,856 $2,500 $7,500 $975 29 7 4 81% OPEN Mares $2,639 $2,500 $7,500 $625 46 16 3 74% BRED Mares $2,698 $2,550 $5,600 $1,000 12 1 1 92% All QH Stallions $2,871 $2,600 $7,000 $875 13 4 0 76% Yearling Stallions $2,790 $6,500 $1,050 5 1 0 83% 2 Year Old $3,075 $4,000 $2,400 4 1 0 80% 3 Year Old $875 $875 $875 1 0 0 100% 4 Years + $3,400 $7,000 $1,000 3 2 0 60% All QH Geldings $3,228 $2,600 $9,500 $900 45 20 4 69% Yearling Geldings $2,167 $4,000 $1,000 3 3 0 50% 2 Year Old Geldings $2,890 $2,300 $9,500 $1,050 10 5 1 67% 3 Year Old Geldings $3,689 $8,200 $1,575 7 3 1 70% 4 Years + $4,735 $380 $15,700 $1,750 27 8 1 77% Quarter Horses 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 & Older $3,449 $3,300 $7,600 $1,500 21 4 1 84% All Paints $2,220 $2,100 $7,800 $750 42 15 2 74% All Paint Mares $2,303 $2,000 $7,800 $750 25 7 0 78% All Paint Stallions $1,981 $3,000 $1,375 4 7 1 36% All Paint Geldings $2,135 $2,050 $3,800 $875 13 1 1 93% Paints with Color $2,466 $2,050 $7,800 $875 29 15 2 66% Breeding Stock $1,671 $1,450 $2,900 $750 13 0 0 100% All Paint Mares $2,303 $2,000 $7,800 $750 25 7 0 78% Yearling Mares $1,468 $2,000 $750 7 0 0 100% 2 Year Old Mares $1,442 $2,000 $925 3 2 0 60% 3 Year Old Mares $1,925 $2,400 $1,450 2 0 0 100% 4 Years + $3,010 $2,500 $7,800 $1,000 13 5 0 72% Open Paint Mares $1,982 $1,800 $6,100 $750 21 6 0 78% Bred Paint Mares $3,988 $7,800 $2,000 4 1 0 80% All Paint Stallions $1,981 $3,000 $1,375 4 7 1 36% Yearling Stallions $1,775 $2,000 $1,550 2 1 0 67% 2 Year Old 0 0 0 3 Year Old $3,000 $3,000 $3,000 1 0 0 100% 4 Years + $1,375 $1,375 $1,375 1 5 1 17% All Paint Geldings $2,135 $2,050 $3,800 $875 13 1 1 93% Yearling Geldings $1,775 $2,150 $1,400 2 1 0 67% 2 Year Old Geldings $1,481 $2,050 $875 4 0 0 0% 3 Year Old Geldings $2,469 $3,800 $1,725 4 0 0 100% 4 Years + $2,800 $3,600 $1,900 3 0 1 100% Appaloosas All $1,779 $1,500 $3,200 $700 13 2 0 87%High Selling HorsesHigh Selling Horse -
Hip #96 Hes A Passing Amos - $9,500.00
AQHA, 2YO Gelding by Barpassers Image
Seller: Bridlewood
Buyer: Brenda LandisHip # 115 Array Investment - $8,200.00
AQHA, 3YO Gelding by Spanish Array
Seller: Trish Miller
Buyer: Dan ShortHigh Selling Paint & High Selling Mare -
Hip # 76 Tommys Barbie Doll - $7,800.00
APHA, 5 YO Mare
APHA Youth Superior Halter
Seller: David Ashley
Buyer: Carolyn PilkingtonHip # 4 Swedish Shadow - $7,500.00
AQHA, 5 YO Gelding by Leaguers Shadow
Western Pleasure & Halter point earner
Seller: Cross Winds Show Stables, Agent
Buyer: Pamela & Michael ClemensHip # 82 Zip Of Coffe Mate - $7,500.00
AQHA, 6YO Mare by Coffemates Cowboy
Western Pleasure point earner
Seller: Cathy Jennings
Buyer: Eileen WilsonHigh Selling Stallion -
Hip # 6 Mister Rapt Him Rite - $7,000.00
AQHA, 4YO Stallion by Misters Premonition
Open Halter ROM
Seller: Joel E. Malus
Buyer: Jon R AllenHip # 61 Betcha Dee Impressed - $6,800.00
AQHA, 3 YO Gelding by Sonnys Count
Seller: Trish Miller
Buyer: Patricia CarleHigh Selling Yearling - Hip # 39 Unnamed - $6,500.00
AQHA, Yearling Stallion by Taris Catalyst
Seller: The Boys & Their Toys, Agent, Frank Constantini
Buyer: H. Victor GilsonHip # 94 Invest In The South - $6,500.00
AQHA, 3 YO Mare by Principle Investment
Seller: Hillbrook Quarter Horses
Buyer: Brooke MaceHip # 72 Jays Boston Scotch - $6,300.00
AQHA, 7 YO Gelding by Boston Scotch Time
Halter Point Earner
Seller: Hillbrook Quarter Horses
Buyer: Joseph GriscomHip # 171 Toullouse Bonanza - $6,100.00
APHA, 5 YO Mare by Srleonards Star
Seller: D&D Stables
Buyer: Ron Morgan
Contact Professional Auction Services today to find out how you, too, can take full
advantage of this phenomenal marketing opportunity.