From the viewpoint of prices, that conclusion is indisputable. But racehorses are not judged by their prices, and value can be found at lower levels. Softness in prices around the median price or below is not necessarily a bad thing for buyers looking for value. Some physical attributes may not be aesthetically pleasing but will not hinder the horse from performing well. Consider the age of the horse.
Horses change so much as they grow.
Therefore, inspecting these young horses, you have to factor in the tremendous growth that occurs in four or five months. Analyze the type of horse you want. If you are involved in breeding, you may be willing to accept a well-bred filly which may not have all the conformation traits you are looking for. That decision is how much to bid for each horse. Remember, you have made a game plan and decided how much money you are going to allocate and how many horses you are going to purchase.