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



Metropolitan Area Absorption Rates
Second Quarter 2005 - Table 20

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


                     (Privately-financed, nonsubsidized, unfurnished apartments)



                               PMSA: Washington, DC-MD-VA-WV

                                   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           92        2.4         98        0.8         100        +          100       +
     Apr-Jun           82        2.1         95        1.0         99        0.9         100       +
     Jul-Sep           86        3.8         94        2.8         97        1.7         100       +
     Oct-Dec           67        9.9         81        8.5         90        5.0         95       3.4
  
2002 Jan-Mar           56        7.6         83        5.5         90        4.0         97       1.1
     Apr-Jun           65       11.6         90        2.0         96        2.0         98       1.4
     Jul-Sep           63        5.9         79        0.8         89        1.9         97       0.9
     Oct-Dec           61        6.8         76        4.3         88        5.0         92       4.0
  
2003 Jan-Mar           58        5.2         88        2.1         96        0.9         98       0.6
     Apr-Jun           72        5.2         86        1.9         92        1.4         95       0.8
     Jul-Sep           63       10.6         76       10.5         92        2.8         97       1.7
     Oct-Dec           45        6.2         74        6.5         88        4.2         96       2.7

2004 Jan-Mar           73       15.4         91        9.6         95        5.3        100        +   
     Apr-Jun           56       10.0         87        5.6         95        4.7         98       2.5           
     Jul-Sep           74       14.5         83       13.6         90        5.6 
     Oct-Dec            #         #          79       15.8

2005 Jan-Mar           93        4.5
     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