Believe whatever you want but Ruger dropped the MSRP to $259 for the base model.
http://www.ruger.com/products/lcp/models.html
It used to be $359 IIRC. If they were flying off the shelf at a street price of $299 why on earth would Ruger drop the map pricing by $100?
There are 2 rational explanations. First they are coming out with a new model but there has been ZERO confirmation about a new version. There has been speculation but there is no evidence that there is a new gun in development. Certainly if that was their intention you would have seen evidence of the new gun at shot show 2016.
The second explanation for a $100 price drop is sales. The market for mini-pocket 380 autos is a crowded place these days with offering ranging from $200 to $700+. The LCP is not the most refined of the offerings but it was middle of the pack in terms of price. Other guns like the Taurus beat it on price and the Kahr, S&W & Glock offerings beat it in terms of refinement. If sales were hot they would have never left that $100 on the table.
Hey maybe they still sell well in your neck of the woods at $300. From what I have seen locally and nationally this was not the case.