I'm currently shopping for my next horse and maybe it's just me but horse prices seem to be sky high. I'm starting to feel like I under sold my mare.My question is when selling, how far off of your asking price would you go for the right home and rider? 

Yes way higher than they should be. I've seen some junk barrel horses sell for 7500-10k recently. It's crazy. 

I've had some junk offered in trade for my Stitch filly. I lost my job to covid so no, don't need another mouth to feed no matter what it is. But I really don't need another 3D gelding with issues!

There's a second Stitch filly on here for $12K more than mine so I don't think my price is over what mine is worth. I even added in considering offers to homes that will aim her at futurities. 

What a horse sells for is up to the buyer, and that's its worth. The good ones are a little high, the great ones are always high, and the mediocre are way high. moo

If I was buying I would wait at least a couple of months to see>>>>  with the way the government going I have a sad feeling horses are going to get cheap. 

Im trying not to be dooms day lol but it doesnt look good for anything!  Im praying that people will still be able to afford to take care of horses and animals through all this mess!

I Think prices are advertised high but if they actually get it, idk.  I think it depends on your budget on how much you would expect someone to negotiate down for the right home.   Like for example, if I'm selling a horse for 10k and someone offers 5... yeah right. But if I'm listing one for 35k and someone offers me 30k, if its a great home I would probably do it. 

I just sold a kids horse that my daughter was really n the verge of outgrowing she wasn't anything super special nice trail horse, playday horse grade I have to say I was shocked bc they didn't even try to negotiate her price. That has never happened to me before. Then bought the "big" horse for her and had sticker shock but so far worth every penny but we're only a week in.

Yep. We've already decided which horse we are going to eat first. Not joking.

I agree.   I've been contemplating on getting another project.   After selling my filly that didn't work out due to a lot of factors, I'm struggling finding something I feel like I can afford. 

They're either not broke with people guaranteeing the quality of parents and the young horses mind (where I got into trouble) with a medium price tag, or broke with a huge price tag.  

I've started looking at rescuing an off track TB because they are reasonably priced, plus they've been highly exposed.  

Auctions aren't helping.  Not sure where the money comes from.  Heritage sold that gelding for $460,000.  WTH...what's the point? Slim chance he'll win that back and it's possible he'll end up on the meat truck since you can't breed to him. 

People have said on other threads, Don't Finance.   Well who has $460K laying around?  Even 15K.  I don't, at least not to spend on a horse. 

I agree. I wish I didn't hve 35 head of horses to feed. Ugh 

I look at horses listed here on BHW and I also look on FB groups nearly every day. I too have commented how high prices seemed. I am currently looking for another horse. My best boy is 17 this year. He's still healthy and doing wonderful, but I want to have something else also. At my age and rider level, I need and want something safe. I don't want to win the barrel race. I just want to have fun and enjoy my hobby.  I am so Gunshy of selecting my next mount. I see all these higher priced horses and then I see something that's not really ridiculously priced and then I still question to myself "wonder why this one is so cheap"?!   SIGH !

ridiculousy inflated. Everyone thinks their weanling is worth 25k just because their neighbor sold theirs for that. Cannot wait for the market to come down again. I miss the days where you could buy a cheap broke prospect at 5k

I know of one that is 12ish grade, he has been siting for 2-3 years and when they were riding him he was more that 2 seconds off the 1D, had to lunged before getting on and was very buddy sour.....they had been complaining about feeding and taking care of him but no one messing with him. I offered $500 and it offended them....they want $2,000 for him! I guess they don't mind feeding him quite as much as they let on.

I would like a backup as my mare is 22 this year but I agree with waiting to see how the prices look in a couple of months.

Just curious did you buy the filly from your friend? 

Its crazy.  As a person who works a decent job I am scared when I have to replace anything I own right now.  I'm thinking of breeding my mare.  LOL

I sold my finished 2D / 3D mare for $7K because she was a good fit for the girl. Now I'm kicking myself because I need to replace her. I can't even find a broke 3 year old for that price right now. I'm not sure why people think their 15 year old 3D horse is worth $15K. Or why that gelding with kissing spine should bring $25K. 
I'd just like to smack the people actually buying **** at these stupid prices. 

I'm sorry, placing 6th out of 170 is good but not $40K good when your at an NBHA in Missouri. ??

What state are you from. I may have a referal for you. PM me if you wish

Prices are crazy!! I have quietly mulled over the idea of buying another horse.. but people are nuts. I saw two horses for sale the other day.. one was broke, running 3D, solid and pretty good bloodlined, registered for 12.5K, then I saw from the same person..a non registered horse running solid 3D, selling for 12.5K. It had me scratching me head a bit. 

I hope soon these prices will come down. My mare is 14 and while she is currently sound, I have told my husband in the next couple years I probably will be searching for Horse #2 so that I can slowly bring her into retirement. Also we are having a baby in the next couple months, so depending if our son likes horses.. we may have to invest in a 2nd one anyway for him (but we will see. I don't plan to push horses on him). 

I dont think people are nuts, I think they have the right to ask what they want for their horses, most are negotiable I would think. 

I was wondering the same thing...I have a huge interest on a daughter of DTF, but she's now 8, hasn't hauled and ran much due to divorce/separation, they are still firm at 22K. She runs top 3D in their area. Mare was never futuritied, but has current xrays/exam that turned out good.  I was thinking maybe 15K but they won't budge

Horses are only worth what someone is willing to pay. If people stop paying the ridiculous prices, they would go down. People want way to much for junk horses. Grade, 18 years old, needs hock injections, has alley issues- $10k. Really? PASS! SMH, it's nuts. 

We've taken 25% off our asking price on a couple horses just to get them into great hands that are capable of making something of them, but didn't have the budget. You can always come down in price, but you can't go back up if you underprice your horse. I would rather take less and get a horse into a fantastic home and program where they will be taken good care of and be given a chance to succeed versus getting full price from someone I know would be a bad fit.

I'm not sure what you're searching for OP, but we have a couple coming yearlings that are super nice. 

I price mine where I feel they are worth.  

I wont budge much at all

I'm bumping this up because holy heck, I myself was wrong and prices have done nothing but skyrocket! Horses at auctions are bringing in a lot of money, nicely bred halter broke 2-4 year olds are bringing 5-8k, anything with 60 days and up is 10-15k, haven't seen a ranch horse sell for less than 20k recently. Curious what everyone else is seeing, and I'm curious how the pink buckle sell will go this fall!

had a friend go to a horse sale this spring. seen a visibly lame gelding come in, could only ride at a walk, if that, go for $3,800.00! WTF!!

Wow!! That's incredible!!

I live in Ohio and I have been looking for just a nice gaited trail horse, nothing fancy, does not have to regitered... just a nice safe trail horse.  Well you would think I was asking for the moon.  I am realistic too, I know no horse is perfect but I don't have $8,000 - $10,000 or more to pay for horse.  I have went to look at some but the experiences have been horrible and they still wanted $3500 + for the horses.    I seriously want to give-up, this is NOT a buyers market.  

Went to the Five Star Select all gelding sale at the Iowa State Fair grounds.   80 head of geldings only.  Mostly ranch horses.   They averaged $31,200.   Top one brought $170,000.  My daughter asked what do people do for a living to pay that  much for a horse that is going to die someday.

I agree with BS Hauler.  We just got back from a sale in Shawnee, OK and prices are crazy.  I just can't believe how the market has changed over the years.  If you would have told me years ago broke older geldings who have done nothing would be the hot ticket item, I never would have believed it.  They were so high the first day I started looking at colts, which were pretty cheap on Friday, not on Saturday.  My grand daughter said Nana can't break colts anymore..... she will break her hip.  I can, I just don't want to and home alone too much.  I did find one, only because I waited until the end of the sale, had no video, picture (which kept internet bidding off) and not much decription.  I thought I was done buying horses but I think I found one I really like.

The cost of raising horses has increased majorly in the last 2 years. There is also a big drop in AQHA foals being registered & around here there has been a huge drop in foals being raised.   

I've honestly thought about listing my current barrel horse with the way the market it. It's kind of tempting to sell out and call it quits when the market is so high. 

Everything seems high though, the cost of a horse trailer, trucks, you name it. It's crazy to me. At what point is the bottom going to fall out??

I am shopping for another horse and trailer shopping.  Too high for me.  I have decided to buy new on the trailer with used trailers being priced so high.  I am going to a breeder for a prospect.  

how does the bottom fall out of inflation? 

It falls out when people wake up and stop buying at these inflated prices. We bought our house in March 2020, right before they shut the country down for COVID, we got a brand new 3bed/2bath ranch on 3 acres for $270k, no fence, no yard, no barn/shop just the house. Now 14 months later our house is valued at $385K with nothing, now that we are adding the fence and the yard, they say we could get $400k for it, and when we add the fire pit and the shop, we could get closer to $500k for it, in todays market. 

Right now since people are willing to pay these prices I am not sure if many people would go much off their asking price...I took advantage of the market when I sold my other mare. Got what I was asking. 

does anyone know how inflation works? 

I price my horses for what I want for them.  I do not have a lot of wiggle room in their prices, but someone that doesn't hesitate ends up with a really nice horse and I will work with them.  I do MUCH better selling clients' horses than my own, but I talk them through the pricing process and we get their hosres sold.  I stay all attached to mine and I can't replce them, so I tend to sit on them.  Hoarder here.

I do look at a lot of ads and wonder if people are actually getting what they are advertised for.  Just depends on the owner's situation and if they have to sell or need to sell.  Seems like if there is a have to situation, you may get someone to negotiate more.

The increase in daily expenses of ownership will eventually drag the price of horses down. 

yes, this.  grain prices, fuel prices

There is a horse trailer shortage due to supply shortages.  It's crazy.  We have trailer dealers calling us to tell us they are going out of business because they can't get inventory. 

It is slim pickings for sure.  I have found a few mostly steel and not exactly what I am wanting but I may just have to settle.

I just picked up a cute, well bred two year old filly for 5k. Full sibling is a consistent 1D money winner in OK. Good minded, no bad habits, nice clean legs etc. Deals are out there you just have to be willing to look for them. ETA: the owner did work with me some on the price