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Survey of Market Absorption of Apartments (SOMA)



Second Quarter 2000

Table 9. Characteristics of Unfurnished Apartments Completed in the
         Last Four Quarters and of Those Reported as Rented and 
         Remaining for Rent in the Second Quarter of 2000

(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 are computed using unrounded data. 

                                             Apartments
                                              completed
                                                in last
                           Total             4 quarters
                      apartments             and rented
                       completed               prior to
                       in last 4   Standard  2nd quarter  Standard
                        quarters     error*     2000        error*

   Total                 228,900     8,170      153,000     6,440

  Asking rent:
Less than $550            23,200     3,490       17,000     2,410
$550 to $649              31,300     2,850       21,200     2,260
$650 to $749              42,500     2,900       28,400     2,180
$750 to $849              36,400     2,880       23,600     1,820
$850 or more              95,500     6,310       62,700     5,540
Median asking rent          $797       $18         $791       $17


  Units with:
Fewer than 2 bedrooms     83,400     4,300       55,200     2,960
2 bedrooms               116,500     4,560       77,300     3,940
3 bedrooms or more        29,000     2,250       20,400     1,790

                                             Apartments
                                              completed
                      Apartments              in last 4
                       completed               quarters
                      in last 4              and remain-
                        quarters                ing for
                      and rented             rent at end
                          in 2nd   Standard      of 2nd   Standard
                      quarter 2000   error*  quarter 2000   error*


   Total                  51,800     3,830       24,100     1,660

  Asking rent:
Less than $550             5,100     1,260        1,100       440
$550 to $649               8,000     1,790        2,000       340
$650 to $749               9,200     1,160        4,900       670
$750 to $849               8,600     1,260        4,200       540
$850 or more              20,800     1,570       12,000       770
Median asking rent          $790       $28         $847       $39

  Units with:
Fewer than 2 bedrooms     20,500     2,080        7,700       480
2 bedrooms                25,500     2,170       13,700     1,190
3 bedrooms or more         5,800       670        2,700       370


* One standard error (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