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Lex Selected Sale numbers on par with 2018

October 09, 2020

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The Lexington Selected Yearling Sale held its fourth session on Thursday night under mild weather conditions, but with the worldwide covid-19 pandemic, attendance continued to be significantly lighter than usual. The number of people in attendance Thursday was slightly less than the prior night, but as with the prior night, good horses were not being given away.
For the fourth session, the average price for 168 horses sold was $21,917, versus $27,268 for 168 sold in 2019. That’s a 19.6 percent drop in the average price and put the entire sale at a decline of 17.8 percent. Notably, the average of $56,495 through four sessions is only $157 less than the sale’s 2018 average through four sessions.
Also of note, last year’s fourth session posted a 9.4 percent increase in the average price from 2018.
Online bidding has proven to provide significant activity for the sale, raising prices and creating purchases. Online bidders purchased 23 yearlings on Thursday for a total of $428,000. Through four days, online bidders have accounted for $1.9 million in sales. The number of bids—and thus bids raised—has not been quantified at this time.
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