Kentucky Horse farms for sale - Keeneland September sales

With three days left, the Keeneland fall sale was sobering

When selling on the 11th day of the 14-day sale was done, the cumulative totals weren't pretty: Gross was $187,076,600, down 41.41% from $319,287,900 for the same number of days in 2008; average was $73,536, down 36.25% from $115,350; and median came in at $33,000, down 45% from $60,000.

For the day, 245 horses sold for $2,504,800, down a staggering 59.62% from a year ago, when 276 horses sold for $6,203,400. The average price of $10,224 was down 54.51% from $22,476, while the median dropped 53.33% from $15,000 to $7,000.

Bluegrass Trophy Properties