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Originally Posted by Kaelten
... Auctioneer and AuctionMatrix and even my own KC_Auction ... People use these averages as a standard to sell by instead of trying to figure out what a item is actually worth. You have enough people doing this and prices will go up.
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That's a very interesting comment. What is an item actually worth? I'd say items are worth what people are willing to spend for them. Isn't that close to what your auction mod reports? (It'd be perfect if there was a way to exclude the prices of all the items that didn't sell.)
My main is a tailor/enchanter. Frequently I've got extra strange dust that I put up for auction. If somebody has listed stacks under what I know I can sell it for, I usually buy them out just so I can sell my stuff for the price I want. There's really no risk for this since strange dust has no deposit. (I just bank the extra and sell it later.)