U.S. Department of Commerce

Survey of Market Absorption of Apartments (SOMA)



Annual 2005 Absorptions:

	Table 4. Absorption Rates for Unfurnished Apartments Completed by
               Presence of Selected Features and Utilities, for the
	         United States: 2004

(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               153,800          100          62          81          90          93

SELECTED FEATURES

Swimming pool:
 Available:
  Included in rent      110,800           72          61          81          90          94
  At extra cost           3,600            2          98         100         100         100 
 Not available           39,400           26          61          80          88          92

Parking:
 Available:
  Included in rent      142,400           93          63          81          90          94
  At extra cost           7,300            5          52          74          84          92
 Not available            4,000            3          68          89          96          98

Air Conditioning:
 Available              147,600           96          62          81          89          94
 Not available            6,200            4          64          84          94          98

Dishwasher:
 Available              150,300           98          62          81          89          94                                                                                                                                 
 Not available            3,500            2          63          86          92          95

UTILITIES

Electricity:
 Included in rent        12,100            8          52          73          79          85
 At extra cost          141,700           92          63          82          90          95

Gas:
 Available:
  Included in rent       16,000           10          56          79          86          92
  At extra cost          60,500           39          65          80          89          92
 Not available           77,300           50          61          82          91          95


SOURCE:  U.S. Census Bureau, Survey of Market Absorption

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