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Survey of Market Absorption of Apartments (SOMA)



Annual 2001 Absorptions

    Table 5. Absorption Rates for Condominium and Cooperative Apartments Completed
                  by Number of Bedrooms and Geographic Area: 2000
    
    (Privately financed, nonsubsidized apartments in buildings with 5 units or 
    more.  Data regarding number of bedrooms are collected at the initial 
    interview, i.e., 3 months following completion.  Details may not sum to totals
    because of rounding. Percents are computed using unrounded data)
    
                                         Percent            Percent absorbed in: 
                                         of             3        6         9        12
      Item                      Total    Total       months   months    months    months
    
       Total                    36,100        100        78       87         91       94
    
    BEDROOMS
    
    No bedrooms                    400          1        73       84         89       99
    1 bedroom                    2,900          8        69       80         84       89
    2 bedrooms                  22,900         63        77       86         91       93
    3 bedrooms or more           9,900         27        83       92         95       96
    
     REGION
    
    Northeast                    1,700          5        73       84         87       92
    Midwest                      8,500         23        75       84         88       91
    South                       16,100         45        82       92         95       96
    West                         9,900         27        75       84         89       92
    
      AREA
    
    Inside metropolitan areas   31,300         87        78       87         91       94
     In central cities          13,500         37        71       83         88       92
     Not in central cities      17,800         49        82       90         94       96
    Outside metropolitan areas   4,800         13        78       87         91       91

Go to Annual 2001 Absorptions
Contact George Boyd at 301-763-3199 or mail to george.t.boyd@census.gov for further information on the Survey of Market Absorption of Apartments Data.

Source: U.S. Census Bureau, Social, Economic, and Housing Statistics Division
Last Revised: September 30, 2011