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Selling at 3 ref:
http://www.tf2outpost.com/trade/6449684 (Please note that the seller has not responded to his trade for a long time and that his pricing of el jefe is set 2 months ago. Notice the amount of ppl desperately adding him for it till today)
Selling at 1 key:
http://www.tf2outpost.com/trade/8217687
http://www.tf2outpost.com/trade/8214814
http://www.tf2outpost.com/trade/7799275 (3.33)
http://www.tf2outpost.com/trade/7784588
http://www.tf2outpost.com/trade/8133620 (added)
http://www.tf2outpost.com/trade/8145159 (sold)
Being offered 1 key:
http://www.tf2outpost.com/trade/8181417
http://www.tf2outpost.com/trade/8207567
http://www.tf2outpost.com/trade/7875366 (3.33)
http://www.tf2outpost.com/trade/8138875 (3.33)
http://www.tf2outpost.com/trade/7966094
http://www.tf2outpost.com/trade/8150227
http://www.tf2outpost.com/trade/8146670
Being offered 3.66 ref:
http://www.tf2outpost.com/trade/7405590 (also have an offer of 1 key)
http://www.tf2outpost.com/trade/7639982
Note: I scanned through all the trades involve the el jefe at outpost and found only 1 or 2 selling below 1 key/3.33 ref in some cases. One of that trade is inactive while another one is just 20 minutes ago.
With many people selling and offering at 1 key, a flat price of 1 key should be accurate as of now.
http://tf2tp.com/trade.php?trade=9064612 one for 3 Ref
First of all, try looking for another trade selling el jefe for 3 ref in tf2tp. You'll notice that this guy is the only one selling for 3 ref (hasn't been actively bumped). Another point is that, many were sold for a key in tf2tp (check the darken out ones). Moreover, he didn't sell it on OP (which has a high volume of users), and if he did, I can confidently say that he'll sell it off quickly.
El jefe at 3 ref sells quickly, you could hardly (note: I didn't say you can't) find any available one in OP as of now.
http://www.tf2outpost.com/trade/8221560 offering 5 Ref in items
http://www.tf2outpost.com/trade/8222180 offering 3.33
Which is exactly why I suggested 1 key in the first place.
Because many people rejected the key offers and the others for 1 key sold immedeately I'd say that it would be worth 3.33 - 3.66 ref, of course only slightly different ffrom yours.
I have to agree that these are certainly rising in demand and can be sold at 3.66 too. But its still too early to suggest 3.66 as a higher range as most ppl are still selling them for 1 key too. Maybe later on.