In the sector I've been stalking passively for 4 years and actively for almost 2, asking prices can already be found below 100k. It's still outrageously expensive for what they are, and the open listings are sitting junk. These sellers are merely trying to obfuscate the turd and pawn it off as they attempt to "organic sell" (loss of medical is the leader, looking at my multiple negotiations with these folks for the past 18 months).
For my part, the biggest obstacle/aversion to getting back in, is singularly the powerplant situation in this hobby. The all-in price of the aircraft just cannot be negotiated to address the present labor and parts circumstances that these powerplants impose. Two potential sales I've lost this year at a price I would have otherwise had agreed to (both below 100K mind you), on account of these powerplant pricing impasses. It's a hot potato, and nobody wants to get stuck with it. The problem for these sellers is that the financed suckers who don't know a thing about lawnmower engine inflation, the ones who normally eat that problem-shifting, are tapped out. Those of us who are well-seasoned on the matter are obviously not biting at the asking prices, so the airplanes sit and rot. List, de-list, repeat ad nauseam. In fairness, some airplanes are moving, but it's all pocket listings. Problem with pocket listings is that it's a big effing club, and most of us are not in it. In that regard, public inventory doesn't paint the true picture, as it's the shadow inventory that moves, the public listing stuff is overpriced FOMO junk.