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Arqana HIT: Average Down 23.4%

Tuesday, 6th October 2009

Overall at the Arqana Arc Sale, 25 lots sold for €3,019,000 (A$5.132m) which was down 12.9% on last year's 22 sold for €3,467,000 (A$5.894m). The average of €120,760 (A$205,000) was down 23.4% from last year's €157,591 (A$268,000) & "the lowest recorded at this sale since its inception in 2005" noted racingpost.com. The median of €110,000 (A$187,000) was down 21.4% from last year's €140,000 (A$238,000) & the clearance rate was 48% (compared with 57% last year).

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