Table 5. Absorption Rates for Condominium and Cooperative Apartments Completed
              by Number of Bedrooms and Geographic Area: 2001

(Privately financed, nonsubsidized apartments in buildings with 5 units or
more.  Data regarding number of bedrooms are collected at the initial
interview, i.e., 3 months following completion.  Details may not sum to totals
because of rounding. Percents are computed using unrounded data)

                                          Percent             Percent absorbed in:
                                          of          3           6           9           12
Item                        Total        Total      months      months      months      months

       Total                45,700        100         73          84          91          94                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                

BEDROOMS

No bedrooms                    800         2          63          72          77          88
1 bedroom                    4,500        10          69          81          87          91
2 bedrooms                  25,000        55          73          85          91          94
3 bedrooms or more          15,400        34          74          85          91          94

REGION

Northeast                    4,900        11          81          90          95          96
Midwest                      8,400        18          57          81          89          94
South                       18,300        40          77          85          92          94
West                        14,000        31          75          83          89          92

AREA

Inside metropolitan areas   40,400        88          70          83          90          93
 In central cities          17,900        39          63          77          86          91
 Not in central cities      22,500        49          76          87          92          94
Outside metropolitan areas   5,300        12          91          98         100         100