U.S. Department of Commerce

Survey of Market Absorption of Apartments (SOMA)



Annual 2005 Absorptions:

Table 14. Absorption Rates for Unfurnished Apartments at 3, 6, 9 and 12 Months after Completion, 
by Inside or Outside Metropolitan Area:  1970, 1975 to 2004
(Privately financed, nonsubsidized, unfurnished rental apartments in buildings with five units or more.)

            Total   Inside metropopolitan area   Outside metro-  Total    Inside metropolitan area    Outside metro- 
Year                In central    Not in central politan area             In Central  Not in central    politan area
                       cities          cities                                cities       cities
                            3-month absorption rate                              6-month absorption rate

 2004        62           62            60           77           81           82            79           90
 2003        61           60            60           77           79           78            78           89
 2002        59           62            56           52           78           80            77           75
 2001        64           64            62           75           82           82            81           90
 2000        72           72            71           71           87           87            87           81

 1999        72           73            72           69           89           89            89           86
 1998        72           73            70           86           89           89            88           94
 1997        73           74            73           72           90           91            89           84
 1996        72           73            70           88           88           89            87           95
 1995        73           76            75           51           89           91            90           70

 1994        80           82            80           76           93           94            93           85
 1993        75           77            74           71           88           90            88           77
 1992        74           78            73           73           91           91            90           93
 1991        70           70            70           70           87           85            87           90
 1990        67           71            65           53           85           86            84           88

 1989        70           68            70           79           86           85            87           93
 1988        66           64            67           87           84           82            84           90
 1987        63           62            64           59           82           82            84           70
 1986        66           64            67           68           84           82            85           88
 1985        65           62            65           83           84           83            83           94

 1984        67           69            66           65           84           85            83           85
 1983        69           69            62           82           85           86            80           93
 1982        72           69            69           87           87           84            85           96
 1981        80           80            78           85           92           92            93           93
 1980        75           75            73           80           90           91            89           91

 1979        82           82            80           88           93           94            92           95
 1978        82           84            80           83           93           95            93           91
 1977        80           85            80           72           94           96            94           90
 1976        80           82            82           71           93           94            94           89
 1975        70           69            69           80           85           84            84           95

 1970        73           74            72           84           87           88            86           92

Table 14 continued


            Total   Inside metropopolitan area   Outside metro-  Total    Inside metropolitan area    Outside metro-
Year                In central    Not in central politan area             In Central  Not in central    politan area
                       cities          cities                                cities       cities

                            9-month absorption rate                              12-month absorption rate

 2004        90           91            88           94           94           96            92           96
 2003        87           87            87           94           93           94            93           95
 2002        88           89            87           90           93           94            92           94
 2001        91           91            90           96           95           95            95          100
 2000        94           94            94           94           97           97            97           99 

 1999        95           95            95           93           98           98            98           96
 1998        95           95            94           96           98           98            97           97
 1997        95           96            95           87           97           98            98           88
 1996        95           95            95           98           98           98            98           99
 1995        94           97            96           73           97           99            97           90

 1994        97           98            97           89           98           99            99           92
 1993        94           95            97           81           96           98            99           82
 1992        96           95            96           98           98           98            97          100
 1991        93           92            94           93           97           96            98           98
 1990        93           93            93           94           96           97            96           94

 1989        93           92            93           94           96           96            97           95
 1988        91           91            92           96           95           95            95           97
 1987        90           90            91           75           94           94            96           79
 1986        92           91            93           92           96           95            96           96
 1985        92           91            92           96           95           95            96           97

 1984        92           92            91           91           96           96            96           93
 1983        92           94            89           96           96           97            93           99
 1982        93           92            92           98           96           95            96           98
 1981        96           96            98           94           97           98            99           94
 1980        95           96            95           94           98           98            98           94

 1979        97           98            96           99           99           99            98          100
 1978        97           98            97           96           99           99            99           96
 1977        97           98            98           95           99           99            99           97
 1976        97           97            98           94           99           98            99           98
 1975        92           91            92           98           95           94            95           99

 1970        93           94            92           96           96           97            95           96



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