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



Metropolitan Area Absorption Rates
Third Quarter 2004 - Table 17

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


                        (Privately-financed, nonsubsidized, unfurnished apartments)




                                              MSA: San Diego, CA

                                            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           78        3.6         96        1.5         100       +          100        +
     Apr-Jun           94        1.4         100        +          100       +          100        +
     Jul-Sep           91        8.0         98        1.9         100       +          100        +
     Oct-Dec           87        0.6         96        1.1         100      0.2         100        +

2001 Jan-Mar           86        1.6         95        3.4         100       +          100        +
     Apr-Jun           65       12.5         69       13.9         77      10.6         83        7.9
     Jul-Sep           82        3.9         94        6.4         99       0.9         100        +
     Oct-Dec           61       13.5         68       15.2         74      16.7         76       16.8
 
2002 Jan-Mar            #         #           #         #          67      12.3         65       13.8
     Apr-Jun            #         #           #         #           #        #           #         #
     Jul-Sep            #         #           #         #           #        #           #         #
     Oct-Dec           33        7.9          #         #           #        #           #         #
 
2003 Jan-Mar            #         #           #         #           #        #          98        0.1
     Apr-Jun            #         #           #         #          74       7.2         98        0.6
     Jul-Sep           88        8.0         99        0.8         100       +         100.0       +
     Oct-Dec           42        8.6         70        2.1         87       4.2

2004 Jan-Mar            -         -           -         -
     Apr-Jun           68       13.7
     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