U.S. Department of Commerce

Survey of Market Absorption of Apartments (SOMA)



Fourth Quarter 2006

Table 11. Apartments Completed in Buildings With Five Units or More: 2000 to 2006

(Details may not sum to totals because of rounding)

                   Total                    Unfurnished
Quarter of         apartments     90 %      apartments     90 %
completion         completed   C.I.(+/-)*   completed   C.I.(+/-)*

      2006
October-December
July-September\p     73,100     4,830        32,100      3,300    
April-June           70,800     4,480      \r25,600      2,930         
January-March        60,900     3,530      \r21,600      2,250

      2005
October-December     66,200     4,650      \r25,600      2,370
July-September       68,200     5,400        30,500      5,340  
April-June           72,000     8,100        30,800      4,900   
January-March        51,700     3,880        26,100      3,350
      
      2004
October-December     62,800     7,130        32,500      5,390
July-September       85,900     8,100        44,700      9,250
April-June           81,800     7,230        42,500      6,740
January-March        54,900     5,100        34,000      3,800

      2003
October-December     57,800     6,010        38,800      6,360
July-September       67,900     7,070        42,500      6,060
April-June           72,900     9,010        47,600      5,820
January-March        62,400     6,860        37,600      4,620
   
      2002
October-December     71,800     7,290        47,700      6,930
July-September       88,100     7,390        61,700      5,990
April-June           74,200     7,450        56,800      6,860
January-March        54,100     5,170        37,900      4,560

      2001
October-December     69,300     7,810        47,300      7,960
July-September       79,700     6,760        56,500      6,530
April-June           71,100     7,440        46,100      5,920
January-March        60,900     5,260        43,000      4,010

      2000
October-December     73,800     5,510        54,100      4,800
July-September       87,800     5,430        65,700      6,040
April-June           72,800     6,070        56,700      5,860
January-March        65,600     6,970        49,700      5,680

            


                   Furnished               Condominiums/
Quarter of         apartments    90%       Cooperatives     90%
completion         completed  C.I.(+/-)*   completed     C.I.(+/-)*
 
      2006
October-December
July-September\p      2,000       360        22,300      2,510    
April-June          \r1,200       240      \r26,900      2,670      
January-March           100        40      \r24,900      5,110 
      
      2005
October-December        400       240      \r23,100      4,300
July-September        2,600     2,600        19,300      3,750  
April-June            1,800     1,800        26,200      6,230
January-March           500       270        13,200      2,650 

      2004
October-December        (Z)       (Z)        14,000      4,120
July-September        3,400     1,490        17,800      3,300
April-June              800       710        20,700      4,930
January-March           100       160         8,900      1,960

      2003
October-December          -         -         9,300      2,200
July-September        1,700     1,290         9,800      2,470
April-June              200       150        10,900      4,330
January-March           300       260        11,100      3,370

      2002
October-December        400       330        12,000      2,900
July-September        2,200     1,880        11,300      2,470
April-June              100        50         8,000      3,440
January-March           500       440         6,100      1,250

      2001
October-December        200       280        11,900      2,630
July-September        3,700     2,630        12,200      3,650
April-June              500       180        10,700      3,320
January-March           (Z)      (Z)         11,000      2,710

       2000
October-December        100      (Z)          9,900      2,480
July-September        1,100       990         9,700      2,480
April-June            1,200     1,000         8,400      2,090
January-March           400       490         8,100      2,370

                    


                   Subsidized
                   and Tax                  Other
Quarter of         Credit\1      90 %       apartment\2    90 %
completion         completed  C.I.(+/-)*    completed   C.I.(+/-)*

      2006
October-December
July-September\p     13,300     1,910         3,400      1,240    
April-June         \r12,700     1,560       \r1,700        530          
January-March        12,700     1,060       \r1,600        770

      2005
October-December   \r12,500     1,420         4,600      2,290
July-September       10,900     2,050         4,800      2,540  
April-June           10,700     2,730         2,500      1,010    
January-March         9,900     1,990         2,000        940

      2004
October-December     14,500     3,770         1,800      1,060
July-September       15,900     5,280         4,000      2,030
April-June           16,200     4,190         1,600        680
January-March         8,500     2,890         3,200      1,900

      2003
October-December      8,700     2,140         1,100        220
July-September        8,700     2,410         5,100      2,790
April-June           11,300     4,890         2,900      1,480
January-March        11,300      (Z)          2,100      1,270
  
      2002
October-December      8,700     2,940         3,000      2,940
July-September        8,600     2,900         4,300      2,060
April-June            7,400     3,450         1,900        940
January-March         7,400     2,900         2,200      1,140
 
      2001
October-December      6,500     2,480         3,300      2,090
July-September        4,900     1,170         2,400      2,140
April-June           10,400     5,260         3,300      1,680
January-March         4,800     1,880         2,100        860

      2000
October-December      6,900     2,040         2,700      2,120
July-September        7,000     1,990         4,200      2,400
April-June            3,800     1,400         2,700      2,400
January-March         6,500     5,350           800        310

      
      

\1 Beginning with completions in the second quarter of 2004, Low Tax
Credit units were included in this category.

\2 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.)

* A 90-percent confidence interval is a measure of an estimate's
  variability.  The larger the confidence interval in relation to the
  size of the estimate, the less reliable the estimate.
p Preliminary.
r Revised.
- Represents zero.
Z Fewer than 50 units or less than one-half of 1 percent.

Source: U.S. Census Bureau, Survey of Market Absorption


Go to Detailed Tables for Fourth Quarter 2006 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