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Survey of Market Absorption of Apartments (SOMA)
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Metropolitan Area Absorption Rates
Third Quarter 2004 - Table 20
SURVEY OF MARKET ABSORPTION
Estimates of Absorption Rates by Quarter of Completion
(Privately-financed, nonsubsidized, unfurnished apartments)
PMSA: Washington, DC-MD-VA-WV
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 87 2.6 96 3.1 100 + 100 +
Apr-Jun 89 3.6 94 2.3 95 1.8 97 1.7
Jul-Sep 95 2.4 98 1.4 99 0.7 100 +
Oct-Dec 81 10.0 90 6.8 99 0.5 100 +
2001 Jan-Mar 92 2.4 98 0.8 100 + 100 +
Apr-Jun 82 2.1 95 1.0 99 0.9 100 +
Jul-Sep 86 3.8 94 2.8 97 1.7 100 +
Oct-Dec 67 9.9 81 8.5 90 5.0 95 3.4
2002 Jan-Mar 56 7.6 83 5.5 90 4.0 97 1.1
Apr-Jun 65 11.6 90 2.0 96 2.0 98 1.4
Jul-Sep 63 5.9 79 0.8 89 1.9 97 0.9
Oct-Dec 61 6.8 76 4.3 88 5.0 92 4.0
2003 Jan-Mar 58 5.2 88 2.1 96 0.9 98 0.6
Apr-Jun 72 5.2 86 1.9 92 1.4 95 0.8
Jul-Sep 63 10.6 76 10.5 92 2.8 97 1.7
Oct-Dec 45 6.2 74 6.5 88 4.2
2004 Jan-Mar 73 15.4 91 9.6
Apr-Jun 77 11.5
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
