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Survey of Market Absorption of Apartments (SOMA)
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Metropolitan Area Absorption Rates
Third Quarter 2004 - Table 15
SURVEY OF MARKET ABSORPTION
Estimates of Absorption Rates by Quarter of Completion
(Privately-financed, nonsubsidized, unfurnished apartments)
MSA: Richmond-Petersburg, VA (Richmond part)
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 55 + 91 + 97 + 100 +
Apr-Jun 74 + 88 + 98 + 100 +
Jul-Sep 73 + 93 + 99 + 99 +
Oct-Dec 32 + 61 + 80 + 88 +
2001 Jan-Mar * * * * * * * *
Apr-Jun * * * * * * * *
Jul-Sep * * * * * * * *
Oct-Dec * * * * * * * *
2002 Jan-Mar * * * * * * * *
Apr-Jun 65 + 86 + 92 + 97 +
Jul-Sep 56 + 70 + 77 + 83 +
Oct-Dec 18 + 45 + 68 + 90 +
2003 Jan-Mar - - - - - - - -
Apr-Jun * * * * * * * *
Jul-Sep * * * * * * * *
Oct-Dec 50 + 76 + 90 +
2004 Jan-Mar 34 + 67 +
Apr-Jun 49 +
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
