Perusing my LGS, there is an interesting pricing event occurring. Lower-cost items like the S&W SD40 VE that used to sell for around $300 last year at this time now sell for $430 and are sold before hitting the display case. Glock pistols that sold between $500 and $600 are now going for close to $800. The Tisas 1911s are selling like mad for about $450. The SA 1911s are gone. Most of the Colt pistols are gone. Mil-Spec style 1911s are selling as fast as they hit the display case.
On the other hand, higher-priced items are seeing price drops and still are not moving. My dealer has a SiG 1911 STX (that is a high-end pistol for most of rural Alabama) that is not selling when priced at $1150 with ammo included, but a Glock 40 just sold for $900 with no 10mm ammo available for sale. Why? Last Glock in stock and distributor pricing is on the rise, and Glock === HD pistol. The panic buying has gone up another notch. The only handguns in quantity left are derringers, rimfire pistols, revolvers, and fancy 1911s. My LGS says he spends each morning talking to distributors to see what is available. He is taking pretty much anything he can get.
The dichotomy is also happening to long arms but not to the same extent as handguns. The long gun inventory is down to O/U shotguns and junk.