U.S. Department of Commerce

Survey of Market Absorption of Apartments (SOMA)



Survey of Market Absorption
Characteristics 2004: Table 8

 



		



		Table 8.  Total Apartments Completed in Buildings With Five Units or More: 

	                1970-2004

		(Details may not sum to totals because of rounding. Percents are computed

		 using unrounded data)

	                                        Unfurnished                 Furnished

            

            Year        Total              Number        Percent        Number       Percent



            2004        285,400           155,000           54          4,400       2

            2003        261,000           167,800           64          2,200       1

            2002        288,100           204,100           71          3,100       1

            2001        281,000           193,100           69          4,500       2





            2000        300,000           226,200           75          2,900       1

            1999        291,800           225,900           77          7,700       3

            1998        273,900           209,900           77          3,000       1

            1997        247,100           189,200           77          3,000       1

            1996        251,300           191,300           76          2,400       1



            1995        212,400           155,000           73          1,600       1

            1994        154,900           104,000           67          1,100       1

            1993        124,800            77,200           62          2,700       2

            1992        155,200           110,200           71            700      (Z)

            1991        216,500           165,300           76          2,800       1



            1990        294,400           214,300           73          2,900       1

            1989        337,900           246,400           73          4,900       1

            1988        388,600           284,500           73          4,300       1

            1987        474,200           345,600           73          7,900       2

            1986        550,200           407,600           74         11,600       2

            1985        533,300           364,500           68          7,400       1

            1984        506,000           313,200           62          9,800       2

            1983        370,700           191,500           52          4,700       1

            1982        288,200           117,000           41          5,400       2

            1981        332,500           135,400           41          6,000       2



            1980        418,900           196,100           47          9,700       2

            1979        439,300           241,200           55         12,100       3

            1978        362,700           228,700           63         11,200       3

            1977        289,400           195,600           68         16,200       6

            1976        258,200           157,000           61         12,800       5

            1975        371,400           223,100           60         11,100       3

            1974        685,400           405,500           59         20,700       3

            1973        774,800           531,700           69         36,200       5

            1972        718,200           497,900           69         37,700       5

            1971        583,400           334,400           57         32,200       6

            1970        526,000           328,400           62         48,200       9





	                      Condominiums

	                            and                    Subsidized

	                      cooperatives               and Tax Credit*                 Other \1





	        Year        Number       Percent         Number      Percent         Number       Percent

          

            2004        59,600         21            55,700         20            10,800          4

            2003        41,900         16            37,800         15            11,300          4

            2002        37,400         13            32,100         11            11,500          4

            2001        45,700         16            26,700         10            11,100          4



            2000        36,100         12            24,400          8            10,500          3

            1999        34,200         12            13,600          5            10,400          4

            1998        34,500         13            20,000          7             6,600          2

            1997        35,800         15            14,100          6             5,000          2

            1996        36,900         15            14,200          6             6,400          3



            1995        36,400         17            13,700          6             5,700          3

            1994        34,400         22            11,800          8             3,600          2

            1993        32,000         26             7,700          6             5,200          4

            1992        31,100         20             7,000          5             6,000          4

            1991        35,300         16             9,600          4             3,500          2



            1990        52,600         18            13,800          5            10,800          4

            1989        59,700         18            19,800          6             7,200          2

            1988        76,200         20            15,200          4             8,400          2

            1987        92,300         19            17,000          4            11,300          2

            1986       101,700         18            23,300          4             6,000          1

            1985       135,800         25            12,000          2            13,700          3

            1984       143,600         28            28,500          6            10,700          2

            1983       111,800         30            47,700         13            15,100          4

            1982       107,900         37            48,000         17            10,000          3

            1981       112,600         34            66,100         20            12,500          4                                                                                                



            1980       122,800         29            79,900         19            10,500          3

            1979        91,800         21            87,500         20             6,700          2

            1978        54,500         15            54,100         15            14,300          4

            1977        43,000         15            26,000          9             8,700          3

            1976        46,300         18            32,000         12            10,000          4

            1975        84,600         23            38,900         10            13,800          4

            1974       159,000         23            75,400         11            25,000          4

            1973        98,100         13            82,000         11            26,800          3

            1972        57,300          8            93,800         13            31,400          4

            1971        49,100          8           104,800         18            63,000         11

            1970        72,500         14            55,900         11            21,000          4



		(Z)Fewer than 50 units or less than one-half of 1 percent.

		\1 Other includes time-sharing units, continuing care retirement units,

		   and turnkey housing (privately-built for and sold to local public

		   housing authorities subsequent to completion).

                  * Beginning with data in the second quarter of 2004, the category was expanded to

                    include units built under the Low Income Housing Tax Credit program. 



		Source: U.S. Census Bureau, Survey of Market Absorption 2004


Go to Characteristics of Apartments Completed: 2004
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
Last Revised: September 30, 2011