U.S. Department of Commerce

Survey of Market Absorption of Apartments (SOMA)



Second Quarter 1999

Table 4. Unfurnished Apartments Completed During the First Quarter
         of 1999 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
                                  ments    Standard   asking    Standard
                               completed     error*     rent      error*

U.S. Total                        47,100      2,820      $762         25

Inside metropolitan areas         44,600      2,690      $751         25
  In central cities               16,700      2,210      $824         64
  Not in central cities           27,900      2,950      $725         31
Outside metropolitan areas         2,600      1,660      $850+        60

Northeast                          2,700      1,700      $850+        51
Midwest                            7,000      2,160      $710         76
South                             26,900      2,780      $760         32
West                              10,500      1,460      $756         91


                                                       Percent
                                 Percent                rented
                                of Total                within
                                   Units    Standard         3   Standard
                               Completed     error*     months     error*

U.S. Total                           100        (X)        70        3.4

Inside metropolitan areas             95        3.4        71        3.7
  In central cities                   35        4.7        73        4.7
  Not in central cities               59        5.2        70        4.9
Outside metropolitam areas             5        3.4        57        8.1

Northeast                              6        3.6        91        7.4
Midwest                               15        4.2        77        6.8
South                                 57        5.3        64        4.2
West                                  22        3.3        76        3.2

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



Go to Detailed Tables for Second Quarter 1999 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