Adams, MA

[Ralph Corgain]

Does anyone on here invest in Adams, MA? Please let me know.

[Charlie MacPherson]

HI @Ralph Corgain  I was recently approached with a wholesale deal from Adams.  It was dirt cheap - at least compared to the rest of the state.

I did a little digging and came up with this:

- As of today (1/15/16), there are 8 SF homes on the market in Adams, 3 of which are listed as "lots".  The lots are to-be-built in a new "premier" subdivision, so only 5 homes on the market that you could buy today.

- In the last 5 YEARS, there have only been 10 SF home sales in the entire town, with an average sale price of $69,350.  

- There has been only 1 sale in the last 12 months and 3 total in the last 24 months.

Despite the seemingly dirt cheap price, I opted out due to the glacially slow market activity there.  I just don't see Adams as a place that I'd consider investing.

If you want any help with further analysis, just give me a call or email and I'll try to help.