What is going on? No-one buys good stuff priced right.

There may not be a single reason for this. My experience has been that from 2009-2013 I was able to buy a lot of great gear for far less than it’s available for now. For example I found an ML 26 for $400 and that included 3 sets of CAMACS. Lots of people selling stuff to make ends meet.

I kind of over-indulged. Got enough gear during that timeframe that my "need" for more has slowed down - just a lot of toys to swap in and out. Not to say the audiophile thirst has diminished, but I personally have been able to enjoy mixing and matching gear I already have rather than acquiring a lot more.

Probably won’t last, but that’s why I’ve bought a lot less the last 3 years. That has also caused me to focus the budget on buying more music rather than gear - checking out genres that sound better on a given configuration.

In any case, if you get paid by cash don't take it to the bank, spend it.

This isn't going to be a popular answer but, too many FREE options to sell goods;. Craigslist and other sites ( I won't mention) are likely reducing the number of items on Audiogon.  I know some high-end audio dealers who only sell on EBay.  It seems the trusted feedback system would be enough to keep people buying on Audiogon, but people weigh the risk and buy/sell on Free listing sites.  

Market changing....less and less audiophiles....more folks into digital...wireless...class d...smaller..less intrusive equipment.