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Survey of Market Absorption of Apartments (SOMA)
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Metropolitan Area Absorption Rates
Third Quarter 2004 - Table 1
SURVEY OF MARKET ABSORPTION
Estimates of Absorption Rates by Quarter of Completion
(Privately-financed, nonsubsidized, unfurnished apartment
MSA: Atlanta, GA
Percent absorbed in --
3 months 6 months 9 months 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/
2000 Jan-Mar 64 5.0 88 1.8 94 2.4 99 +
Apr-Jun 81 2.9 93 1.6 97 1.1 100 +
Jul-Sep 74 2.8 89 1.8 96 1.8 99 0.8
Oct-Dec 59 1.6 84 2.0 97 0.7 99 0.7
2001 Jan-Mar 60 8.9 84 4.3 94 3.4 97 1.4
Apr-Jun 54 2.9 80 1.4 92 0.9 98 0.8
Jul-Sep 44 1.9 69 2.5 85 1.6 95 1.0
Oct-Dec 32 2.2 59 3.4 78 4.5 86 4.8
2002 Jan-Mar 44 4.9 70 5.4 82 3.9 92 1.0
Apr-Jun 57 7.1 76 7.8 88 6.0 95 3.3
Jul-Sep 53 12.4 79 5.7 90 2.6 96 1.3
Oct-Dec 35 6.8 78 3.2 93 0.9 98 0.6
2003 Jan-Mar 39 5.8 63 4.8 75 2.6 87 1.6
Apr-Jun 37 3.7 67 6.7 81 6.0 88 2.9
Jul-Sep 51 11.1 77 4.4 86 2.4 96 1.0
Oct-Dec 52 4.1 75 3.0 90 3.4
2004 Jan-Mar 50 15.0 76 9.5
Apr-Jun 54 12.5
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
U.S. DEPARTMENT OF COMMERCE
Bureau of the Census
Housing and Household Economic Statistics Division
Washington, D.C. 20233
Go to Metropolitan Area Absorption Rates - Third Quarter 2004
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
Last Revised: March 11, 2005
