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Survey of Market Absorption of Apartments (SOMA)
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Annual 2003 Absorptions
Table 1. Absorption Rates for Unfurnished Apartments Completed by Geographic
Area: 2002
(Privately financed, nonsubsidized, unfurnished, rental apartments in buildings
with five units or more. Details may not sum to totals because of rounding.
Percents are computed using unrounded data)
Percent Percent absorbed in:
of 3 6 9 12
Geographic areas Total total months months months months
United States, total 204,100 100 59 78 88 93
Inside metropolitan areas 194,800 95 59 78 88 93
In central cities 87,800 43 62 80 89 94
Not in central cities 107,000 52 56 77 87 92
Outside metropolitan areas 9,300 5 52 75 90 94
Northeast 19,400 10 51 80 87 95
Midwest 34,500 17 69 87 93 96
South 96,200 47 57 77 88 94
West 54,000 26 58 73 85 90
Go to Annual 2003 Absorptions
Contact Alan Friedman at 301-763-3199 or mail to alan.friedman@census.gov
for further information on the Survey of Market Absorption of Apartments Data.
Source: U.S. Census Bureau, Housing and Household Economic Statistics Division
Last Revised: November 15, 2004
