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Selling
Classifieds x1 @1k
Classifieds x5 @1.08k (One is painted)
Classifieds x1 @1.15k
Classifieds x2 @1.22k (One is painted)
Classifieds x1 @1.3k
Classifieds x1 @1.38k
Classifieds x0 @1.4k (Obviously needs to drop again :p)
http://www.tf2outpost.com/trade/24112378 - 1 key: 1 day
http://www.tf2outpost.com/trade/23967793 - 1.08 keys: 1 week
http://www.tf2outpost.com/trade/23738024 - 1.35 keys: 3 weeks
TOTAL - 14 under 1.4k.
1 key is most likely a quicksell. There are 6 listings at 1.08 keys, so I round that up to 1.1 keys. 1.4 keys obviously doesn't sell as there's very little listings at that price. The 1.35 key listing hasn't been able to sell for 3 weeks, so kick that out of the range. The 1.38 key listing hasn't sold for at least 5 days, and probably won't sell soon, using the logic that the 1.35 key listing is hard to sell. So that kicks anything above 1.3 out of the range.
TL;DR - New range should be 1.1 keys to 1.3 keys.
Damn, I was just about to make this suggestion.