Purchased for $2.9 million in December of 2020, the previously remodeled “archetype Edwardian” at 4334 19th Street, a four-bedroom, two-bathroom home in the Castro with a “fantastic backyard and exceptional curb appeal,” returned to the market priced at $3.2 million this past March, a sale at which would have represented net appreciation of 10.3 percent for the top-tier home since the end of 2020 and the widely misreported “index for San Francisco home values,” which is down 11 percent on a year-over-year basis, up 12 percent over the same period of time.
The resale of 4334 19th Street has now closed escrow with a contract price of $2.9 million, representing net appreciation of 0.0 percent for the single-family home on an apples-to-apples basis since the end of 2020 despite the pandemic-era squeeze.