Table 5. Absorption Rates for Condominium and Cooperative Apartments Completed
            by Number of Bedrooms and Geographic Area: 2002

(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                     37,400        100         73            87        92        95

BEDROOMS

No bedrooms                     800          2         45            71        85        92
1 bedroom                     5,000         13         64            80        90        92
2 bedrooms                   21,200         57         74            87        92        95
3 bedrooms or more           10,400         28         78            90        93        95

REGION

Northeast                     3,600         10         72            86        93        96
Midwest                       5,500         15         70            86        93        97
South                        17,200         46         72            86        91        93
West                         11,100         30         77            88        93        95

AREA

Inside metropolitan areas    31,800         85         70            85        91        94
 In central cities           17,600         47         62            78        86        91
 Not in central cities       14,100         38         80            93        96        98
Outside metropolitan areas    5,700         15         93            99        99       100