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Survey of Market Absorption of Apartments (SOMA)
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Metropolitan Area Absorption Rates
Third Quarter 2004 - Table 10
SURVEY OF MARKET ABSORPTION
Estimates of Absorption Rates by Quarter of Completion
(Privately-financed, nonsubsidized, unfurnished apartments)
PMSA: Miami, FL
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 93 2.9 98 0.9 100 + 100 +
Apr-Jun 94 1.3 96 2.5 100 + 100 +
Jul-Sep 92 3.2 98 1.8 100 + 100 +
Oct-Dec 96 1.2 98 0.5 99 0.7 99 0.7
2001 Jan-Mar 85 3.0 94 + 97 + 98 +
Apr-Jun 96 2.0 97 2.1 98 1.1 100 +
Jul-Sep * * * * * * * *
Oct-Dec # # 77 9.0 92 3.6 96 1.7
2002 Jan-Mar 99 + 100 + 100 + 100 +
Apr-Jun 95 2.9 100 + 100 + 100 +
Jul-Sep 55 7.7 73 1.3 85 0.6 97 1.1
Oct-Dec 47 7.9 63 4.6 97 0.9 99 0.6
2003 Jan-Mar # # 78 9.1 90 3.2 100 +
Apr-Jun 86 0.7 95 0.7 98 + 98 0.2
Jul-Sep * * * * * * * *
Oct-Dec 78 2.1 90 * 95 0.9
2004 Jan-Mar # # # #
Apr-Jun 80 16.3
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 - 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
