One of the rules when dealing with real estate.
If you're buying it - it's a POND.
If you're selling it - it's a LAKE.
See, it's all a matter of perspective. Don't worry about what others are asking & paying. Decide what YOU want & how much YOU will pay. Yeah it takes hard work to track down good deal, but you can do it. I've owned over 80 pins in the last 10 years and I sleep quite well knowing that I never exceeded my budget or stressed out over prices.
Deals are all over the place and I bet that sometime today a pinsider will get one... you never know, one day it could be you.