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Survey of Market Absorption of Apartments (SOMA)



Second Quarter 2001

Table 4. Unfurnished Apartments Completed During the First Quarter
         of 2001 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 and percents are computed using
unrounded data)
                             Total
                            unfur-
                            nished
                            apart-               Median    Standard
                             ments    Standard   asking      error*
                          completed     error*     rent      (dollars)

U.S. Total                  43,500      2,970      $890         18

Inside metropolitan areas   41,300      3,000      $895         17
  In central cities         18,000      2,120      $926         35
  Not in central cities     23,200      2,690      $884         22
Outside metropolitan areas   2,300      1,250      $774        130

Northeast                    4,400      2,210      $946        131
Midwest                      5,600      1,490      $811         49
South                       23,800      1,950      $831         25
West                         9,600      1,310      $950+          20


                                                 Percent
                           Percent    Standard    rented   Standard
                          of Total      error*    within     error*
                             Units    (Percentage      3   (Percentage
                          Completed   points)     months   points)

U.S. Total                     100        (X)        64        2.9

Inside metropolitan areas       95        2.8        63        3.0
  In central cities             41        4.4        62        3.2
  Not in central cities         53        4.6        65        4.6
Outside metropolitan areas       5        2.8        76        8.0

Northeast                       10        4.7        80       11.5
Midwest                         13        3.2        75        3.6
South                           55        4.6        59        2.9
West                            22        3.0        62        4.8

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



Go to Detailed Tables for Second Quarter 2001 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