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Survey of Market Absorption of Apartments (SOMA)



Second Quarter 2001

Table 7. Characteristics of Condominium Apartments Completed During the
         Fourth Quarter of 2000 and of Those Sold Within 3 Months (Revised)
Not Seasonally Adjusted

(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 and percents are computed using unrounded data)


                          Total
                         condo-             Per-              Per-
                         minium             cent              cent
                         apart-               of              sold
                          ments  Standard  total Standard   within  Standard
                       completed   error*  units   error* 3 months    error*

U.S. Total                9,900    1,390    100      (X)        77      4.0

Units selling for:
Less than $100,000        2,100      850     21      6.6        79      9.6
$100,000 to $124,999      1,200      210     12      2.7        80      7.9
$125,000 to $149,999      1,700      340     17      2.4        85      5.6
$150,000 to $199,999      1,600      370     16      3.6        79      5.6
$200,000 to $249,999        700      160      7      1.6        71      7.8
$250,000 or more          2,600      670     26      6.1        69      5.0
Median asking price    $149,000  $20,170    (X)      (X)  $145,300  $19,860

Units with:
Fewer than 2 bedrooms     1,300      350     13      3.3        55     10.2
2 bedrooms                6,300    1,190     64      4.6        79      4.6
3 bedrooms or more        2,300      310     24      3.7        83      2.3

* 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