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Survey of Market Absorption of Apartments (SOMA)



Second Quarter 1997

Table 4. Unfurnished Apartments Completed During the First Quarter
         of 1997, 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 are computed using unrounded data.)

                          Total
                         unfur-
                         nished
                         apart-               Median
                          ments    Standard   asking    Standard
                       completed     error*     rent      error*

U.S. Total               37,600      2,520      $736        $25

Inside MA                35,900      2,860      $747        $29
  in central city        17,000      2,010      $699        $44
  not in central city    18,900      2,270      $800        $56
Outside MA                1,700        930      $437        $66

Northeast                 2,300        940      $728        $65
Midwest                   7,200      2,130      $623       $197
South                    16,200      1,810      $726        $45
West                     11,900      1,310      $782        $38


                          Total               Percent
                         unfur-                rented
                        Percent                within
                       of total    Standard         3   Standard
                          units      error*    months     error*

U.S. Total                  100        (X)        72        2.3

Inside MA                    95        2.6        73        2.2
  in central city            45        4.4        72        3.9
  not in central city        50        4.5        74        2.0
Outside MA                    5        2.6        66       19.2

Northeast                     6        2.5        91        2.8
Midwest                      19        5.1        76        6.4
South                        43        4.2        70        4.0
West                         32        3.4        70        1.7

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


Go to Detailed Tables for Second Quarter 1997 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