U.S. Department of Commerce

Survey of Market Absorption of Apartments (SOMA)



Annual 2005 Absorptions:

Table 17. Condominium and Cooperative Apartments Completed,
                 by Region:  1970, 1975 to 2004

 (Buildings with five units or more.  Details may not sum to totals because of rounding.)
Percents are computed using unrounded data.)

Number of units

    Year        Total     Northeast     Midwest        South         West

    2004       61,400        6,900        9,100       30,700       14,800
    2003       41,100        3.600        9,100       15,300       13,000
    2002       37,400        3,600        5,500       17,200       11,100
    2001       45,700        4,900        8,400       18,300       14,000
    2000       36,100        1,700        8.500       16,100        9.900

    1999       34,200        2,000        7,900       13,200       11,100
    1998       34,500        3,400        5,300       16,200        9,500
    1997       35,800        4,400        4,600       15,900       11,000
    1996       36,900        6,600        5,100       15,200       10,000
    1995       36,400        4,800        7,400       11,800       12,400

    1994       34,400        2,600        5,400       13,200       13,200
    1993       32,000        4,600        3,200       13,500       10,600
    1992       31,100        3,300        3,000       10,100       14,700
    1991       35,300        6,300        2,900       12,400       13,800
    1990       52,600        9,300        5,600       21,300       16,300

    1989       59,700       19,300        6,400       17,500       16,300
    1988       76,200       34,200        5,200       23,400       13,400
    1987       92,300       32,500        9,100       29,800       20,900
    1986      101,700       28,400        7,700       42,700       22,900
    1985      135,800       18,900       10,500       80,400       26,000

    1984      143,600       10,100       13,600       90,800       29,100
    1983      111,800        8,200       11,500       69,700       22,400
    1982      107,900        8,600        9,500       64,500       25,300
    1981      112,600       10,500       10,000       60,000       32,000
    1980      122,800        5,500       18,000       64,500       34,800

    1979       91,800        3,300       21,000       38,900       28,600
    1978       54,500        2,400        8,900       22,300       20,900
    1977       43,000        6,800        6,900       17,400       11,900
    1976       46,300        9,200        6,700       17,100       13,300
    1975       84,600        7,300        7,000       45,700       24,600

    1970       72,500         (NA)         (NA)         (NA)         (NA)


Table 17 Continued

Percent of units

    Year        Total     Northeast     Midwest        South         West

    2004          100           11           15           50           24
    2003          100            9           22           37           32
    2002          100           10           15           46           30
    2001          100           11           18           40           31
    2000          100            5           23           45           27

    1999          100            6           23           38           32
    1998          100           10           15           47           27
    1997          100           12           13           44           31
    1996          100           18           14           41           27
    1995          100           13           20           32           34

    1994          100            8           16           38           38
    1993          100           15           10           42           33
    1992          100           11           10           33           47
    1991          100           18            8           35           39
    1990          100           18           11           41           31

    1989          100           32           11           29           27
    1988          100           45            7           31           18
    1987          100           35           10           32           23
    1986          100           28            8           42           23
    1985          100           14            8           59           19

    1984          100            7            9           63           20
    1983          100            7           10           62           20
    1982          100            8            9           60           23
    1981          100            9            9           53           28
    1980          100            4           15           53           28

    1979          100            4           23           42           31
    1978          100            4           16           41           38
    1977          100           16           16           40           28
    1976          100           20           15           37           29
    1975          100            9            8           54           29

    1970          100         (NA)         (NA)         (NA)         (NA)

NA Not available.



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