I think bowyers work hard for what they get, especially making them 1 at a time to your specs. It isn't a CNC compound bow where 10s of thousands are spit out. They have shops, inventory, equipment, shipping, electricity, insurance, shows, advertisement, dealing with returns, and the list goes on (as with any business), all for how many bows a year?
The market is efficient. There actually seem to be more and more great new bows in the $500 to $1000 range.
In almost any hobby (or product), the mid and upper midlevel stuff is usually reasonable and worth the extra money over the cheap stuff (if you can afford it), but usually that little extra custom or top of the line stuff is gonna cost you, and there is a market for it.
If you want that expensive bow, save, sell stuff, be patient, and buy it, or just buy a used one now.