San Diego high-rise condo market goes from frenzy to fizzle

The L.A. Times reports:

Near the peak, in May 2004, median resale prices of downtown condos hit $647,500, a 56% increase in just three years, according to San Diego research firm MDA DataQuick.

Now:

Median resale prices for downtown units stood at $370,000 in June.

Learn about how condo square footage is becoming rental square footage.