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Survey of Market Absorption of Apartments (SOMA)



Second Quarter 2000

Table 2. Characteristics of Unfurnished Apartments Completed During the
         First Quarter of 2000 and of Those Rented Within 3 Months (Preliminary)

Not Seasonally Adjusted

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



                       Total             Percent              Percent
                  unfurnished                 of               rented
                  apartments   Standard    total   Standard    within   Standard
                   completed     error*    units     error*  3 months     error*

U.S. Total            48,500     4,070       100       (X)         73       2.2


Units renting for:
Less than $550         3,800     1,130         8       2.2         82       7.7
$550 to $649           7,600     1,840        16       3.3         84       4.9
$650 to $749           9,500     1,470        20       2.3         66       4.4
$750 to $849           8,000     1,310        17       2.1         72       4.3
$850 to $949           5,300       590        11       1.1         66       3.1
$950 or more          14,100     1,340        29       2.8         71       2.1
Median asking rent      $790       $23       (X)       (X)       $781       $33

Units with
 fewer than
 2 bedrooms           18,700     1,990        39       2.6         79       2.6
Less than $550         2,100       800         4       1.6         82       7.8
$550 to $649           4,400     1,580         9       3.1         92       3.8
$650 to $749           4,500       610         9       1.1         72       3.0
$750 to $849           3,000       490         6       1.0         72       3.1
$850 to $949           1,500       170         3       (Z)         79       2.8
$950 or more           3,300       450         7       0.9         79       3.8
Median asking rent      $715       $25       (X)       (X)       $703       $27

Units with
 2 bedrooms
 or more              29,800     2,830        61       2.6         68       2.5
Less than $550         1,800       620         4       (Z)         81       9.5
$550 to $649           3,200       800         7       1.4         73       7.2
$650 to $749           5,000     1,320        10       2.4         60       7.8
$750 to $849           5,100     1,160        10       2.0         72       6.6
$850 to $949           3,900       560         8       1.0         61       4.8
$950 to $1,049         2,700       310         6       0.7         59       2.5
$1,050 or more         8,100       880        17       1.9         72       2.2
Median asking rent      $846       $34       (X)       (X)       $840       $37

Units with:
0 bedrooms               600       150         1       (Z)         74       7.1
1 bedroom             18,100     1,930        37       2.6         80       2.7
2 bedrooms            24,800     2,480        51       2.4         68       2.9
3 bedrooms or more     5,000       590        10       1.0         68       3.4


* One standard error (68-percent confidence interval). 
X Not applicable.  
Z Fewer than 50 units or less than one-half of 1 percent.



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