U.S. Census Bureau
 Survey of Market Absorption of Apartments (SOMA)



Annual 2003 Absorptions

Table 4. Absorption Rates for Unfurnished Apartments Completed by
          Presence of Selected Features and Utilities, for the
          United States: 2002

(Privately financed, nonsubsidized, unfurnished, rental apartments in
buildings with five units or more.  Data regarding features and utilities
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

All units             204,100         100            59          78         88          93

SELECTED FEATURES

Swimming pool:
 Available:
  Included in rent    149,800          73            58          78         87          93
  At extra cost         6,100           3            42          76         85          96
 Not available         48,200          24            63          79         90          94

Parking:
 Available:
  Included in rent    190,800          94            59          78         88          93
  At extra cost         6,600           3            60          80         86          91
 Not available          6,700           3            53          82         89          94

Air Conditioning:
 Available            194,200          95            59          79         89          93
 Not available          9,900           5            51          66         76          85

Dishwasher:
 Available            200,000          98            59          78         88          93
 Not available          4,100           2            62          75         83          90

UTILITIES

Electricity:
 Included in rent      15,900           8            56          78         84          91
 At extra cost        188,200          92            59          78         88          93

Gas:
 Available:
  Included in rent     21,100          10            59          79         86          92
  At extra cost        89,800          44            57          78         88          93
 Not available         93,200          46            60          78         88          94





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