U.S. Census Bureau
 Survey of Market Absorption of Apartments (SOMA)



Metropolitan Area Absorption Rates
Second Quarter 2005 - Table 19

                          
                                SURVEY OF MARKET ABSORPTION
                     Estimates of  Absorption Rates by Quarter of Completion


                     (Privately-financed, nonsubsidized, unfurnished apartments)



                          MSA: Tampa- St. Petersburg-Clearwater, FL

                                   Percent absorbed in --

                            3 month             6 month              9 month              12 months

Quarter of                       90%                   90%                   90%                   90%
completion           Percent  C.I.(+/-)2/  Percent  C.I.(+/-)2/  Percent  C.I.(+/-)2/  Percent  C.I.(+/-)2/

2001 Jan-Mar           70        3.7         86        3.8         93        2.2         97        1.0
     Apr-Jun           62        4.3         77        3.4         89        2.6         97         +
     Jul-Sep           69        1.2         84        1.9         92        1.7         97        1.3
     Oct-Dec           51        1.7         71        1.1         83        4.2         90         +

2002 Jan-Mar           63        6.3         75        4.5         84        4.3         90        2.4
     Apr-Jun           61        6.0         78        3.3         84        2.2         93        1.1
     Jul-Sep           55        3.7         73        3.8         82        2.2         90        1.8
     Oct-Dec           32        4.9         57        4.8         75        3.0         84        2.1

2003 Jan-Mar           41        6.0         75        5.3         95        1.4         98        0.9
     Apr-Jun           64        5.8         86        4.4         93        3.0         98         +
     Jul-Sep           49        1.7         75        2.5         87        1.2         95        1.2
     Oct-Dec           60        2.0         76        2.2         88        5.8         94        1.7

2004 Jan-Mar           66        7.4         83        4.5         92        3.5         94        1.2   
     Apr-Jun           63        4.0         90        5.2         91        2.8         95        1.2 
     Jul-Sep           72        5.4         98        0.8         100        + 
     Oct-Dec           68       16.1         81       13.9

2005 Jan-Mar           56        4.1
     Apr-Jun            
     Jul-Sep            
     Oct-Dec           


2/A 90-percent confidence interval is a measure of an estimate's variability.  The larger the confidence interval
    in relation to the size of the estimate, the less reliable the estimate.
r = Revised
* = Data suppressed to avoid disclosure
+ = Estimated to be less than one half of one percent OR cannot be estimated
- = No activity
# = Withheld because the estimate did not meet publication standards because of the associated standard error




Go to Metropolitan Area Absorption Rates - Second Quarter 2005
Contact Alan Friedman at 301-763-3199 or mail to alan.friedman@census.gov for further information on the Survey of Market Absorption of Apartments Data.

Source: U.S. Census Bureau, Housing and Household Economic Statistics Division