Hall January 31, 2014 Mr. Jeffrey Epstein 358 El Brillo Way Palm Beach, FL 33480 RE: Palm Beach Real Estate - Estate Section Dear Mr. Epstein, Real Estate Palm Beach Great News! The Palm Beach market continues to gain momentum (post 2008 - 2010 recession) as sale prices approach the historic highs of 2007. Sales volume is way up: 41% more homes sold in the Estate Section during 2013 than in 2012. Early indications are that this increase in volume (and sale prices) will continue during 2014. Below and on the back side of this letter is specific market information for your neighborhood. Please let me know if you would like to receive additional updates including my monthly newsletter via email. Palm Beach Real Estate- Estate Section • There are currently 34 homes for sale in the Estate Section. The median list price is $10.3 million • During 2013, there were 24 home sales with a median sales price of $8 million • During 2012, there were 17 home sales with a median sales price of $5.8 million • On the back side of this letter is information on 9 recent sales in the Estate Section market Free Opinion of Value Offer: Would you like to know the value of your home (at no cost)? YES: NO: Would you like to know about recent sales in your neighborhood? YES: NO: Are you considering selling or renting your home? YES: NO: Thank you for taking the time to fill out this questionnaire and returning it. Sincerely, SN-\-Qr V\ all Steve Hall, CRB Broker I Owner Direct: 561.310.7229 steve@hallpalmbeach.com 340 Royal Poinciana Way 4C Palm Beach FL 33480 (561)429-8173 (Office) (561)429-8263 (Fax) t EFTA_R1_02213756 EFTA02726165 Palm Beach Real Estate Prepared By: Steve Hall - January 2014 Estate Market Property BD/BA Tot SF Lot Size Built Asking Price Sold Price Sales Date On Market S/Sq. Ft. 118 Via Vizcaya 3/1 3,375 10,019 1951 $2,495,000 52,400,000 Sep-14 3 Months $711 168 Kings Road 5/6 5,523 16,553 1959 $4,995,000 $4,063,150 July-13 4 Months $736 115 Parc Monceau 5/5 5,338 10,890 1960 $4,950,000 $4,395,000 Oct-13 21 Months $823 177 Clarendon Ave. 6/9 10,201 36,155 1925 57,775,000 $7,290,000 Nov-13 22 Months $715 710 5. County Road 9/8 9,030 57,499 1983 $9,000,000 $8,200,000 Dec-13 26 Months $908 200 El Brillo Way 6/5 7,013 21,780 1928 $8,750,000 $8,318,000 Jul-13 3 Months $1,186 210 Via del Mar 9/7 12,115 23,522 1925 $14,500,000 $12,000,000 Aug-13 4 Months $991 105 Clarendon Ave. 6/8 17,035 86,175 1926 523,850,000 $20,895,000 Aug-13 9 Months $1,227 1275 S. Ocean Blvd. 7/8 17,113 80,150 2008 534,900,000 528,500,000 Dec-13 25 Months $1,665 Average = $12,357,222 $10,673,461 $996 12,4 Pri4).c., Mmill-extu EFTA_R1_02213757 EFTA02726166