03/21/2006 12:00AM

Adena Springs sale figures decline


The sixth annual Adena Springs sale of 2 year-olds in training, held Monday at the Adena Thoroughbred center near Ocala, Fla., had declined in both average and median prices from the 2005 edition of the sale.

This year, 65 homebreds sold for an average price of $67,646, a decline of more than 20 percent. The median price this year of $45,000 was down 25 percent from 2005. The buy-back rate was around 37 percent.

"Last year's numbers were pretty lofty," said Mark Roberts, general manager of Adena Springs. "But I think we did well, and we're still building a buyer base."

Hip No. 54, by Distorted Humor, was the highest-priced filly sold, going to agent Mike Ryan for $400,000. Ryan also signed for the highest priced colt, Hip No. 104, a son of Touch Gold who sold for $330,000

Proceeds from a buffet accompanying the sale went to the Racetrack Chaplaincy and horse rescue funds.