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Survey of Market Absorption of Apartments (SOMA)



Second Quarter 2000

Table 10. Characteristics of Condominium Apartments Completed in the
         Last Four Quarters and of Those Reported as Sold and Remaining
         for Sale in the Second Quarter of 2000

(Privately financed, nonsubsidized, unfurnished, condominium apartments
in buildings with five units or more.  Data regarding number of
bedrooms and asking price are collected at the initial interview,
i.e., 3 months following completion.  Details may not sum to totals 
because of rounding.  Medians are computed using unrounded data.)



                                              Condominiums
                                              completed in
                            Total                   last 4
                      condominiums            quarters and
                        completed             sold prior to
                        in last 4   Standard   2nd quarter   Standard
                         quarters     error*      2000         error*

   Total                   34,600     4,650         22,600     3,000

Asking price:
Less than $100,000          9,800     3,280          7,500     2,310
$100,000 to $124,999        5,100     1,170          2,900       660
$125,000 to $149,999        5,800     1,430          3,600       740
$150,000 to $199,999        5,400       770          3,000       550
$200,000 or more            8,600     1,650          5,500     1,080
Median asking price      $135,500   $21,300       $131,000   $20,880

  Units with:
Fewer than 2 bedrooms       3,500       700          2,400       510
2 bedrooms                 22,200     3,250         14,600     2,060
3 bedrooms or more          8,900     1,320          5,600       810

                                              Condominiums
                                              completed in
                      Condominiums                  last 4
                      completed in            quarters and
                           last 4                remaining
                      quarters and             for sale at
                      sold in 2nd   Standard    end of 2nd   Standard
                      quarter 2000    error*  quarter 2000     error*


   Total                    9,000     1,520          3,000       720

  Asking price:
Less than $100,000          1,600       600            700       470
$100,000 to $124,999        1,600       450            500       190
$125,000 to $149,999        1,800       700            400       150
$150,000 to $199,999        1,800       350            600       130
$200,000 or more            2,300       750            800       170
Median asking price      $143,500   $24,300       $141,800   $29,230

  Units with:
Fewer than 2 bedrooms         700       230            400       140
2 bedrooms                  5,600     1,140          2,000       530
3 bedrooms or more          2,700       590            600       150

 *One standard error (i.e., 68-percent confidence interval).  

 Note: These data are for completions in the second through
      fourth quarters of 1999 and the first quarter of 2000.




Go to Detailed Tables for Second Quarter 2000 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