LEXINGTON, KY (Sept. 18, 2012) – The bullish market showed no sign of slowing on Tuesday at Keeneland’s September Yearling Sale.
Keeneland once again realized double-digit increases across-the-board, selling 302 horses for gross receipts of $11,648,500, up 21.60 percent from a year ago when 302 yearlings brought $9,579,400. The day’s average of $38,571 increased 21.60 percent from $31,720 in 2011, while the median surged 20 percent to $30,000 compared to $25,000 last year.
The RNA, or buy-back, rate for the session dropped 21.31 percent to 16.80 percent.
Through eight sessions, 1,843 horses have been sold for a total of $205,811,000 compared to gross sales of $208,217,600 for 1,933 horses sold during nine sessions in 2011 (Keeneland conducted two select sessions last year versus one this year). Average price of $111,672 is up 3.67 percent from last year’s $107,717. The median of $70,000 rose 16.67 percent from $60,000 in 2011.
Barbara Banke’s Stonestreet Stables paid $260,000 for a colt by Even the Score to top the Tuesday session. Consigned by Penn Sales, the colt is out of the Runaway Groom mare Runaway Grey, and is a half-brother to Mystic Mama, second in the 2011 Miss Grillo Stakes (G3).
The September Sale continues through Friday. Sessions begin at 10 a.m. ET. The entire sale is streamed live at Keeneland.com.