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Survey of Market Absorption of Apartments (SOMA)



Third Quarter 2003

Table 11. Apartments Completed in Buildings With Five Units or More: 1997 to 2003

(Details may not sum to totals because of rounding)

                  Total	                              Unfurnished
Quarter of        apartments            Standard      apartments      Standard
completion        completed              error*		completed       error*

2003
October-December
July-September
April-June\p            72,900            5,000         48,700          4,300
January-March           62,400            4,310       \r37,100          3,440

2002
October-December        71,800            4,030       \r47,600          3,990
July-September          88,100            4,490       \r61,700          3,640
April-June              74,200            4,530         56,800          4,170
January-March           54,100            3,140         37,900          2,770

2001
October-December        69,300            4,750         47,300          4,840
July-September          79,700            4,110         56,500          3,970
April-June              71,100            4,520	        46,100          3,600
January-March           60,900            3,200         43,000          2,440

2000
October-December        73,800            3,350         54,100          2,920
July-September          87,800            3,300         65,700          3,670
April-June              72,800            3,690         56,700          3,560
January-March           65,600            4,240         49,700          3,450

1999
October-December        75,900            4,600         58,300          3,400
July-September          85,500            4,070         65,200          3,580
April-June              72,400            4,400         55,700          4,290
January-March           58,000            4,550         46,700          4,450

1998
October-December        67,900            3,560         48,800          3,350
July-September          78,100            5,780         60,900          5,310
April-June              70,000            3,150         54,900          2,980
January-March           57,900            3,380         45,200          3,090

1997
October-December        72,700            3,950	        55,200          3,810
July-September          66,300            3,280         51,400          3,880
April-June              57,300            3,970         44,200          4,090
January-March           50,800            2,570         38,400          2,530



                       Furnished                       Condominiums/
Quarter of             apartments          Standard    Cooperatives     Standard
completion             completed             error*    completed          error*

2003
October-December
July-September
April-June                 200               80         11,500          2,300
January-March\p            500              200       \r11,200          2,240

2002
October-December           400              200       \r12,100          1,580
July-September         \r2,200            1,140	      \r11,300          1,500
April-June                 100               30          8,000          2,090
January-March              500              270          6,100            760

2001
October-December           200              170         11,900          1,600
July-September           3,700            1,600         12,200          2,220
April-June                 500              110         10,700          2,020
January-March              (Z)              (Z)         11,000          1,650

2000
October-December           100              (Z)          9,900          1,510
July-September           1,100              600          9,700          1,510
April-June               1,200              610          8,400          1,270
January-March              400              300          8,100          1,440

1999
October-December           600              370          9,200          1,990
July-September           5,300            2,030         10,500          2,840
April-June               1,500            1,140          8,500          1,210
January-March              300              210	         6,000          1,150

1998
October-December         1,200              680         10,400          3,150
July-September           1,400              460          9,800          2,840
April-June                 100                5          6,900            900
January-March              300               15          7,300          1,540

1997
October-December          400                20          9,800          2,290
July-September          1,600               620          7,400          1,560
April-June                400               130          9,200          1,690
January-March             500               320          9,500          2,540



                     Federally
                     subsidized                         1/  Other
Quarter of           apartments          Standard       apartments    Standard
completion           completed            error*        completed       error*

2003
October-December
July-September
April-June              9,700             2,750          2,800          1,010
January-March\p      \r11,700             2,720        \r2,000            790

2002
October-December      \r8,800             1,800          3,000          1,720
July-September          8,600             1,760          4,300          1,250
April-June              7,400             2,100          1,900            570
January-March           7,400             1,760          2,200            690

2001
October-December        6,500             1,510	         3,300          1,270
July-September          4,900               710          2,400          1,300
April-June             10,400             3,200          3,300          1,020
January-March           4,800             1,140          2,100            520

2000
October-December        6,900             1,240          2,700          1,290
July-September          7,000             1,210          4,200          1,460
April-June              3,800               850          2,700          1,460
January-March           6,500             3,250            800            190

1999
October-December        3,100               570          4,800          2,880
July-September          3,300               860          1,100            370
April-June              4,800             1,350          1,900            690
January-March           2,400               520          2,600            820

1998
October-December        5,200             1,590          2,300            760
July-September          4,200             1,100          1,700            380
April-June              6,600             1,900	         1,500            300
January-March           4,000             2,490          1,100            200

1997
October-December        4,400             1,350          2,900          1,280
July-September          4,900             2,240          1,100            210
April-June              3,100               780	           400             90
January-March           1,800               270            700            160



1/ Other includes time-sharing units, continuing care retirement units,
    and turnkey housing (privately built for and sold to local public
    housing authorities subsequent to completion.)

* One standard error (68-percent confidence interval)
p Preliminary
r Revised.
Z Fewer than 50 units or less than one-half of 1 percent.


Go to Detailed Tables for Third Quarter 2003 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