its just a baseline to start your pricing off from.
Its not hard to work out that if you ask for a lower price, items sell faster.
If you want to dispute the price in the sticky, feel free to post your views in that thread, rather than make a new one asking for a price check. Most often, if you ask for a price on an item already in the sticky, you will be directed there and your thread closed
Icy Shadow Blade of Enchanting
Peachie