3, 4, 5, 6 March 2013
Session One of the 2013 Inglis Melbourne Premier Yearling Sale finished with the average price jumping up almost 10% from last year.
“Although we catalogued 26 less yearlings in this year’s Session One the gross is up thanks to a healthy increase in the average price to $79,000,” said Inglis Managing Director Mark Webster.
“It has still been a very selective market, which is shown in the results with the better types and progeny of the top sires selling well," Webster said.
408 yearlings were sold for $32,079,912 during session one, leading to an average of $78,627, median of $60,000 and clearance rate of 76%.
Key metrics were also up during Session Two of the 2013 Premier Sale.
“The Session Two gross and clearance rate are up with the average and median comparable to last year, which is all pleasing results,” said Inglis Melbourne Director Peter Heagney.
“It was good to see 20 lots sell for $50,000 or more, which is up from 15 recorded last year,” Heagney noted.
118 lots were sold for $3,341,045 during Session Two. The average price recorded was $28,314, median $22,000 and clearance rate of 72%.
Complete vendor, buyer and sire statistics for Session One and Session Two can be viewed below.