X0202 4 2008-03-24 0000039677 AVATAR HOLDINGS INC AVTR 0001253611 LEVY MICHAEL F AVATAR HOLDINGS INC. 201 ALHAMBRA CIRCLE, 12TH FLOOR CORAL GABLES FL 33134 0 1 0 0 EVP & COO, Avatar Properties Common Stock, $1.00 par value 1500 I By Children Common Stock, $1.00 par value 2008-03-24 4 S 0 4196 D 45717 D The sale transactions reported by the Reporting Person were effected at the prices shown on Exhibit 99.1 attached hereto and made a part hereof. Michael F. Levy 2008-03-26