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Survey of Market Absorption of Apartments (SOMA)



Annual 2005 Absorptions:

Table 11. Unfurnished Apartments Completed, by Region:  
          1970, 1975-2004

(Privately financed, nonsubsidized, unfurnished rental apartments
 with five units or more.  Details may not sum to totals because 
 of rounding.  Medians and percents are computed using unrounded 
 data.)

 Year      Total  Northeast    Midwest      South       West

 2004    153,800     13,100     31,700     72,700     36,300
 2003    166,500     19,800     35,500     72,000     39,200
 2002    204,100     19,400     34,500     96,200     54,000
 2001    193,100     16,500     31,600     97,400     47,600
 2000    226,200     14,800     39,500    125,900     45,900
 
 1999    225,900     16,700     27,500    124,200     57,500
 1998    209,900     10,600     35,500    115,100     48,700
 1997    189,200      7,700     34,100     96,100     51,300
 1996    191,300      6,100     37,200     96,900     51,100
 1995    155,000      7,100     31,700     78,500     37,700

 1994    104,000      3,700     32,200     44,500     23,600
 1993     77,200      3,700     25,300     27,700     20,500
 1992    110,200     10,900     34,000     37,400     28,000
 1991    165,300      6,800     37,900     63,600     57,000
 1990    214,300     12,700     44,300     77,200     80,000

 1989    246,400     13,100     45,200     85,900    102,000
 1988    284,500      8,700     60,400     91,700    123,800
 1987    345,600     11,300     66,000    124,500    143,900
 1986    407,600     16,900     64,500    171,700    154,500
 1985    364,500      8,200     53,900    166,400    135,900

 1984    313,200      3,800     41,200    194,400     73,900
 1983    191,500      3,500     41,100    115,100     31,800
 1982    117,000      4,600     21,900     66,800     23,700
 1981    135,400      4,900     36,900     68,400     25,100
 1980    196,100     14,200     43,800     91,500     46,600

 1979    241,200     20,500     54,000    111,200     55,400
 1978    228,700     13,400     66,800     89,500     59,000
 1977    195,600     11,200     59,800     60,800     63,800
 1976    157,000     16,000     54,500     48,300     38,200
 1975    223,100     31,100     55,600     91,800     44,500

 1970    328,400     37,600     84,100    142,300     64,400


Table 11 continued 

         Percent of Units

 Year      Total     Northeast    Midwest   South       West
 
 2004        100          9         21         47         24
 2003        100         12         21         43         24
 2002        100         10         17         47         26
 2001        100          9         16         50         25
 2000        100          7         17         56         20  

 1999        100          7         12         55         25
 1998        100          5         17         55         23
 1997        100          4         18         51         27
 1996        100          3         19         51         27
 1995        100          5         20         51         24

 1994        100          4         31         43         23
 1993        100          5         33         36         27
 1992        100         10         31         34         25
 1991        100          4         23         38         34
 1990        100          6         21         36         37

 1989        100          5         18         35         41
 1988        100          3         21         32         44
 1987        100          3         19         36         42
 1986        100          4         16         42         38
 1985        100          2         15         46         37

 1984        100          1         13         62         24
 1983        100          2         21         60         17
 1982        100          4         19         57         20
 1981        100          4         27         51         19
 1980        100          7         22         47         24

 1979        100          8         22         46         23
 1978        100          6         29         39         26
 1977        100          6         31         31         33
 1976        100         10         35         31         24
 1975        100         14         25         41         20

 1970        100         11         26         43         20

   

Go to Annual 2005 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