Seems in line with what is the current going rate. I picked up my SOCOM for 1200 bucks but that was about 2 years ago, and most people like the Scout Squad better if they've owned both. Less blasty, though I don't find the SOCOM bad, but I plug and muff things at the range.
I really like my SOCOM, and wasn't a fan of the M1A series before. It's short, handy, attractive, reliable, and shoots big bullets fast.
I ended up putting a Sig Romeo 5 on mine, and I like the setup. My eyes are too bad anyone for good work with iron sights, and the red dot is fast and easy to pick up. The mount is right on the barrel so it and the scope get hot, but I haven't had it die on me yet. I bought a low profile QD mount for it, so if it did conch out on me, I could take it off and go back to irons.