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



Metropolitan Area Absorption Rates
Third Quarter 2004 - Table 2

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


                     (Privately-financed, nonsubsidized, unfurnished apartments)



                                           PMSA: Baltimore, MD

                                           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           *         *           *        *            *        *            *        *
     Apr-Jun           *         *           *        *            *        *            *        *
     Jul-Sep           *         *           *        *            *        *            *        *
     Oct-Dec           82        4.4         96       0.9          100      +            100      +

2001 Jan-Mar           *         *           *        *            *        *            *        *
     Apr-Jun           *         *           *        *            *        *            *        *
     Jul-Sep           *         *           *        *            *        *            *        *
     Oct-Dec           *         *           *        *            *        *            *        *

2002 Jan-Mar          81         3.0         100      +            100      +            100      +
     Apr-Jun          87         1.2         99       0.6          100      +            100      +
     Jul-Sep          *          *           *        *            *        *            *        *
     Oct-Dec          57         1.7         87       4.6          97       +            100      +

2003 Jan-Mar          52         10.8        89       3.7          99       0.6          100      +
     Apr-Jun          51         10.7        89       7.5          93       7.2          94       6.0
     Jul-Sep          46         3.7         82       6.8          92       2.8          95       4.1
     Oct-Dec          85         10.1        98       2.5          100      2.5

2004 Jan-Mar          *          *           *        *
     Apr-Jun          *          *
     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