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Fasig-Tipton November Sale: Median Up 31%
At the conclusion of the Fasig-Tipton November Sale on Monday, 129 horses sold for a total of US$73,859,000, up 22.6% from last year's gross when 87 horses were sold. The average of US$572,550 was down 17.3 per cent from US$692,184 in 2012, but this is to be expected given last year's US$10 million world-record auction price for broodmare prospect Havre de Grace. Importantly, the median was up 31.6 per cent, rising from US$190,000 last year to US$250,000 after 24 mares fetched US$1 million or higher.