U.S. Department of Commerce

Survey of Market Absorption of Apartments (SOMA)



Third Quarter 1997

Table 4. Unfurnished Apartments Completed During the Second 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               44,000      4,110      $715        $30

Inside MA                40,200      4,460      $731        $36
  in central city        16,800      2,330      $742        $41
  not in central city    23,300      3,400      $722        $51
Outside MA                3,800      2,440      $598       $133

Northeast                 1,400        500      $850+       $43
Midwest                   7,800      2,530      $645        $89
South                    23,400      3,700      $703        $60
West                     11,400      1,680      $760        $46


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

U.S. Total                  100        (X)        80        1.4

Inside MA                    91        5.5        80        1.2
  in central city            38        4.5        79        1.2
  not in central city        53        5.3        80        2.2
Outside MA                    9        5.5        89        6.6

Northeast                     3        1.2        59       14.5
Midwest                      18        5.5        91        2.2
South                        53        5.7        79        2.1
West                         26        3.8        79        0.6

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



Go to Detailed Tables for Third 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