Those prices aren't an example of prices "coming down" but more of an example of "getting more from a new generation at current prices". What was the normal for over a decade and until a couple years ago. Are we already educated to expect higher performance from a new generation product, to also come at a higher price? Hope not.
$399 for the top model wouldn't be an example of prices going down considering RX 7700 sells even lower than that.
$299 for a 40+ CU model with 12GBs of VRAM wouldn't either, considering that RX 67x0 XT sells at that price range.
Anyway, as I said those prices I mentioned would be an indication that AMD wants to increase it's market share and it is ready to do a limited price war with Nvidia at the sub $500 market, while also maintaining a healthy advantage over the future Intel cards. If AMD doesn't have the wafer supply, or the will to try to increase it's market share, we can expect prices to be again relative to prices of Nvidia competing models.