Is this an indication that Chain property sales may be picking up?

Well, maybe...

A closer look reveals:

The property that sold on Cleghorn Road, on Dake Lake was a bank owned - foreclosure type property and had been on the market for a very, very long time . . .

The listing started at the beginning of 2006 at $995,000.  The most recently listing by the bank was for $589,900.  It sold in January for $475,000 and is a newer construction home with 80 feet of frontage

on Dake Lake.

Another of the "ice still in" sales was advertised as a short sale on

Bass Lake on the Chain.  This one had also been on the market for

a very long time - since mid 2008.  The original listing price was

$515,000 with a final listing price of $255,000.  The property had

3 bedrooms, 50 feet of water frontage and was in good condition. 

The third sales on the Chain O' Lakes  this past winter was a "normal" transaction.

A nice home on South Miner Drive on Miner Lake was listed in August of 2011 and sold in January of this year. 

This property was originally listed for $774,900, had a final listing price of $669,900 and sold for $650,000.

The property had 122 feet of frontage, 3 bedrooms and was an older home in very good condition
.  

Thinking of buying Waupaca Chain O' Lakes property - for a complete list: