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Survey of Market Absorption of Apartments (SOMA)



First Quarter 1998

Table 4. Unfurnished Apartments Completed During the Fourth Quarter
         of 1997 by Geographic Area

Not Seasonally Adjusted
(Privately financed, nonsubsidized, unfurnished, rental apartments
in buildings with five units or more.  Data regarding asking rent are
collected at the initial interview.  Details may not sum to totals 
because of rounding.  Medians are computed using unrounded data.)

                          Total
                         unfur-
                         nished
                         apart-               Median
                          ments    Standard   asking    Standard
                       completed     error*     rent      error*

U.S. Total               55,800      3,810      $713         20

Inside MA                51,900      4,600      $723         25
  In central city        19,900      2,260      $704         56
  Not in central city    32,000      3,820      $728         26
Outside MA                3,900      2,120      $518        143

Northeast                 1,700      1,240      $709         71
Midwest                   9,300      2,570      $658         70
South                    29,000      2,220      $717         27
West                     15,800      2,640      $745         47


                          Total               Percent
                         unfur-                rented
                        Percent                within
                       of total    Standard         3   Standard
                          units      error*    months     error*

U.S. Total                  100        (X)        69        2.6

Inside MA                    93        3.9        69        2.8
  in central city            36        3.7        69        2.1
  not in central city        57        4.3        69        4.1
Outside MA                    7        3.9        72        9.7

Northeast                     3        2.2        26       20.4
Midwest                      17        4.2        82        5.7
South                        52        4.3        69        2.2
West                         28        3.9        66        5.2

* One standard error (68-percent confidence interval)
X Not applicable.



Go to Detailed Tables for First Quarter 1998 Absorptions
Contact George Boyd at 301-763-3199 or mail to george.t.boyd@census.gov for further information on the Survey of Market Absorption of Apartments Data.

Source: U.S. Census Bureau, Social, Economic, and Housing Statistics Division
Last Revised: September 30, 2011