I think it really depends on where you are. Several years ago in Colorado you couldn't buy anything for under $1000 even yearlings. I went to a big sale in Nebraska, what I would consider high dollar horses with great breeding. Foals and yearlings were selling for $300 and less.

As my grandad told me once when I was offered $1000. and any horse on this guys ranch for my horse and I didn't sell. That's where 2 fools met. The fool that would make the offer and the fool that didn't accept it. BTW I still have that horse and will never sell he is my best friend.

Sorry I wasn't much help.
Ann