There’s a blue Elance 400 like yours for sale up here for $50. Needs a clean and overhaul which would have been a bargain just a couple of years ago. Not so anymore. Good value as a keeper but not so much from a resale standpoint.
Although I didn’t sell anything this year, I did buy a Davidson Impulse with nice tricolor brifter group on CL. It fell into the C&V phenomenon being discussed. I watched it sit forever at $400 and then proceed to drop in $50 increments. Just when it went away and I thought it had sold, it would pop up again at a lower price. This went on for 4+ months and when it hit $250, I snagged it. I felt like it was a really good deal but I’m not sure I could even get $200 if I popped it back up on CL.