Daily News Archive
Daily News Subscription
MM National Day 1 Average: $206,714
Tuesday, 28th July 2020
Across the session on Day 1 of the Magic Millions National Sale, over $24 million was traded on 117 lots sold at an average price of $206,714. The clearance rate was an impressive 84 per cent. "It's been a really great day of selling," Magic Millions Managing Director Barry Bowditch said. "There was a real thirst for quality and it was great to have so many people involved - from those at the complex and those bidding online. It was fantastic to be holding a live sale again and those in attendance really played their part on Day 1." Day 2 of the National Broodmare Sale - comprising the first selection of proven producers and young pregnant mares will commence at 10am AET today. Key statistics (2019 stats in brackets) from Day 1:
- Lots Catalogued: 168 (246)
- Lots Sold: 117 (168)
- Lots Withdrawn: 29 (38)
- Lots Passed In: 22 (39)
- Top Price: $4,200,000 ($2,300,000)
- Average Price: $206,714 ($168,646)
- Median Price: $75,000 ($70,000)
- Sale Gross: $24,185,500 ($28,332,500)
- Sold %: 84 (81)
