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Survey of Market Absorption of Apartments (SOMA)
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Metropolitan Area Absorption Rates
Third Quarter 2004 - Table 6
SURVEY OF MARKET ABSORPTION
Estimates of Absorption Rates by Quarter of Completion
(Privately-financed, nonsubsidized, unfurnished apartments)
CMSA: Denver-Boulder-Greeley, CO
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 77 3.8 96 1.2 98 0.8 99 +
Apr-Jun 72 4.0 94 0.9 96 0.7 97 0.7
Jul-Sep 85 7.5 89 7.5 91 6.5 98 1.5
Oct-Dec 71 1.9 92 0.9 94 1.3 98 0.9
2001 Jan-Mar 74 2.8 92 1.2 98 0.6 98 0.5
Apr-Jun 76 2.1 90 1.4 94 1.4 96 0.5
Jul-Sep 62 3.1 74 3.9 84 3.0 90 3.4
Oct-Dec 60 3.1 83 1.5 94 0.6 98 +
2002 Jan-Mar 66 4.9 88 1.4 95 0.8 97 +
Apr-Jun 70 2.1 86 1.6 93 1.8 97 0.7
Jul-Sep 66 2.4 77 2.9 83 3.8 89 2.9
Oct-Dec 47 2.8 64 2.4 81 1.7 88 1.5
2003 Jan-Mar 55 1.8 76 2.7 87 1.7 92 0.8
Apr-Jun 65 3.4 80 1.6 87 1.5 94 1.1
Jul-Sep 45 3.8 70 2.5 88 2.8 94 2.3
Oct-Dec 67 1.9 85 2.2 95 4.7
2004 Jan-Mar \r55 5.4 73 5.7
Apr-Jun 53 6.5
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
