I could've seen a place up on Mimosa Circle go for 400 but that's always been a nice area. Things have changed for sure, it seems like yesterday that houses on an acre in the hills to the southwest of town went for 200-250. Empty lots sold for about 30.
High prices over there are also hard for me to understand because you have high property taxes instead of income tax. I paid more in property tax in a nice part of SA than my property + income tax in Charleston.
Tax assessment means nothing right now. Value is outpacing the tax man. He will catch up but takes time. 10% homestead limit slows them down so they just hit you 10% until they balance.