U.S. Department of Commerce

Survey of Market Absorption of Apartments (SOMA)



Second Quarter 2000

Table 8. Condominium Apartments Completed During the First Quarter
         of 2000 by Geographic Area

Not Seasonally Adjusted
(Privately financed, nonsubsidized, condominium apartments in 
buildings with five units or more. Data regarding asking price are 
collected at the initial interview.  Details may not sum to totals 
because of rounding.  Medians and percents are computed using 
unrounded data)
                               Total
                              condo-
                              minium
                              apart-                Median    Standard
                               ments   Standard     asking      error*
                           completed     error*      price    (dollars)

U.S. Total                    8,800      1,640    $143,900     25,960

Inside metropolitan areas     6,700      1,200    $146,000     22,400
  In central cities           2,600        680    $193,500     34,570
  Not in central cities       4,000      1,030    $136,200     33,810
Outside metropolitan areas    2,100      1,320    $123,800     67,770

Northeast                       (Z)        (Z)         (Z)        (Z)
Midwest                       1,400        930    $142,800     43,760
South                         4,800      1,360    $133,600     36,310
West                          2,500        620    $175,700     31,010



                                       Standard    Percent
                           Percent of    error*       sold    Standard
                              total   (Percentage   within      error*
                              units      points)   3 months    (dollars)

U.S. Total                      100       (X)           81        4.6

Inside metropolitan areas        76       12.7          83        3.6
  In central cities              30        8.5          77        4.9
  Not in central cities          46       10.2          87        4.6
Outside metropolitan areas       24       12.7          76       13.5

Northeast                       (Z)        (Z)         (Z)        (Z)
Midwest                          17        9.3          97        2.8
South                            55       10.5          78        6.5
West                             28        7.5          80        5.0

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