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Survey of Market Absorption of Apartments (SOMA)



Fourth 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\p          67,900            4,530           42,500          4,390
April-June                72,900            4,860         \r50,000          4,560
January-March             62,400            4,160           37,100          2,930

2002
October-December          71,800            4,430         \r47,700          4,210
July-September            88,100            4,490           61,700          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\p           1,900              760            9,900          2,340  
April-June                   200               80         \r10,900          2,580
January-March              \r300              150           11,200          2,180

2002
October-December             400              200         \r12,000          1,760
July-September             2,200            1,140           11,300          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\p           7,700            1,280            5,900          1,280
April-June               \r8,700            2,310          \r3,100          2,310
January-March             11,700            2,660          \r2,100          2,660

2002
October-December         \r8,700            1,790            3,000          1,790
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 Fourth 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