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Survey of Market Absorption of Apartments (SOMA)
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Metropolitan Area Absorption Rates
Third Quarter 2004 - Table 19
SURVEY OF MARKET ABSORPTION
Estimates of Absorption Rates by Quarter of Completion
(Privately-financed, nonsubsidized, unfurnished apartments)
MSA: Tampa- St. Petersburg-Clearwater, 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 56 1.8 81 2.6 89 1.1 94 0.7
Apr-Jun 69 4.5 85 2.8 93 1.9 96 0.9
Jul-Sep 64 1.9 77 1.7 91 1.6 97 0.5
Oct-Dec 57 7.3 76 5.9 92 2.6 95 1.3
2001 Jan-Mar 70 3.7 86 3.8 93 2.2 97 1.0
Apr-Jun 62 4.3 77 3.4 89 2.6 97 +
Jul-Sep 69 1.2 84 1.9 92 1.7 97 1.3
Oct-Dec 51 1.7 71 1.1 83 4.2 90 +
2002 Jan-Mar 63 6.3 75 4.5 84 4.3 90 2.4
Apr-Jun 61 6.0 78 3.3 84 2.2 93 1.1
Jul-Sep 55 3.7 73 3.8 82 2.2 90 1.8
Oct-Dec 32 4.9 57 4.8 75 3.0 84 2.1
2003 Jan-Mar 41 6.0 75 5.3 95 1.4 98 0.9
Apr-Jun 64 5.8 86 4.4 93 3.0 98 +
Jul-Sep 49 1.7 75 2.5 87 1.2 95 1.2
Oct-Dec 60 2.0 76 2.2 88 5.8
2004 Jan-Mar 66 7.4 83 4.5
Apr-Jun 63 4.0
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
