These prices are high. I've seen many in the < $1500 range. Anyone buying one with PF wear for over $2k is getting suckered. I've also seem many complete restorations (decals, new playfield, etc.) for $2500-3k range.
There are exceptions, but a nice working one is typically $1500-2000.
Wade
Wade - This is from experience - has no bearing on my game for sale (if my game doesnt sell for 3k+, no problem, i keep it - its still a great game).
I spent a year and a half looking for a Funhouse. I should of kept a log on the games a saw out there. All state Craigslist, Ebay (ugh - awful), RGP, KLOV, and another Pinball classified site. I am obsessive, i check these listings hourly.
Good luck scoring one in "decent" shape for less than 2k. The ones i saw for less than that were shat on. It continues to this day - i saw a post for a 1600 FH on RGP (last week?) - someone that saw it relayed to me its in rough shape, not worth it.
Its a different market right now. As much as I wanted to pay 2 - 3k for a Restored one, they are just not out there. Base games are 2k - 2500. And, i saw CL posts of 2k + average Funhouses sell in a matter of hours. Again, its a popular game.
So, if base games are going for 2 - 2500, why would a game with a new PF (800 to 1k cost), new parts (200 - 400 depending) and decals (200 - 300), total value of 3k+, go for less than 3k? Not to mention any of the time and energy (40 hours +?) someone puts into it?
Again, not "defending" just stating what it is. I had a Hard time accepting it too.
I do agree with Deadly - making the leap to paying for a restored game is a smaller segment of the market, but that occurs with any game. It all comes down to what you are willing to accept.
PS - i could be out of touch, whoever finds a FH that refutes my "theory" on the pricing - let us know (and be honest!).