Heritage Place Winter Mixed Sale
The three-day sale ended Saturday.
January 22, 2016
The three-day Heritage Place Winter Mixed Sale ended Saturday with declines in the average- and median-sale prices.
A total of 704 head sold for an aggregate sum of $7,070,950. The sale average was $10,044, compared to $12,895 last year, and the median was $6,000, compared to $7,000 in 2015.
A downturn in world oil prices and drop in the stock market were cited as reasons for the declines.
“The average for the final day was 14% below last year’s final session, but we still sold 87% of the horses," Heritage Place general manager Spence Kidney said after the sale. “We had a strong finish to the sale. Eight of the top 20 selling horses were sold in the final session and four of those in the last 50 head, so the demand was strong all the way to the end."
The sale’s two high sellers -- the 8-year-old Walk Thru Fire mare Personal Glory and the 3-year-old Corona Cartel colt Undaunted -- both sold for $85,000.
Click here for more news and information from the sale, including leading consignors, buyers, and sires.
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