 |
|
Survey of Market Absorption of Apartments (SOMA)
|
|
|
|
Second Quarter 2004
Table 6. Characteristics of Condominium Apartments Completed During the
First Quarter of 2004 and of Those Sold Within 3 Months (Preliminary)
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 8,600 1,170 100 (X) 79 4.4
Units selling for:
Less than $125,000 800 360 10 3.7 65 20.9
$125,000 to $149,999 900 190 11 2.1 72 6.4
$150,000 to $199,999 1,200 190 15 2.5 80 3.3
$200,000 to $249,999 800 130 9 1.5 87 4.1
$250,000 to $299,999 800 360 10 3.9 67 15.7
$300,000 or more 3,900 870 46 6.9 84 4.3
Median asking price $278,800 $19,620 (X) (X) $293,700 $25,100
Units with:
Fewer than 2 bedrooms 653 140 8 1.3 72 8.9
2 bedrooms 4,500 650 53 3.3 81 3.7
3 bedrooms or more 3,400 620 40 4.1 78 7.4
* One standard error (68-percent confidence interval)
X Not applicable.
Go to Detailed Tables for Second Quarter 2004 Absorptions
Contact Alan Friedman or Venus Anderson at 301-763-3199 or mail to alan.friedman@census.gov or Venus.K.Anderson@census.gov
for further information on the Survey of Market Absorption of Apartments Data.
Source: U.S. Census Bureau, Housing and Household Economic Statistics Division
Last Revised: November 15, 2004
