EFTA02438204

To: Jeffrey EpsteinUeevacationagmail.comj From: Cecile de Jongh Sent Fri 10/9/2009 7:19:50 PM I left a message for you at the PB house. I am in Cleveland at a CHADD BOD meeting. Below is a snapshot of the current RE market on STT and STJ. St. John Real Estate Currently there are approximately 140 homes on MLS on STJ (note: in 2003 there were just 35 homes for sale) Only 15 Homes have closed on STJ since January 2009 The highest sales price of those 15 sales was $1.8 mil Overall there have been multiple low offers on high end homes, but sellers are not biting Most STJ sellers are financially secure and will wait this lull out for the next year or two. Overall the high end sellers do not need to sell. St. Thomas Real Estate Currently there are 157 homes on MLS on STT Priced from $148,000 - $7 mil 64 homes are priced in excess of $1/mil 29 Homes have sold on STT since January I, 2009 Lowest price was $185,000, highest price was $3,400,000 10 homes were in excess of $600,000 (19 under $600k) Most STT sellers are holding steady with prices slightly fluid and negotiable. EFTA_R1_01511286 EFTA02438204