This report presents data on how soon privately financed, nonsub-sidized, unfurnished units in buildings with five or more units were rented (absorbed) after completion in 2016. It is based on information collected in the Survey of Market Absorption of Multifamily Units (SOMA), which has been measuring market absorption for over 40 years. Additional reports produced during the year include the annual Characteristics Report and four quarterly absorption reports.

Tables

Annual 2017 Absorptions: (Apartments Completed in 2016)

Table 1. Unfurnished Apartments and Absorption Rates by Geographic Area: 2016 [<1.0 MB]

Table 2. Asking Rent and Absorption Rates for Unfurnished Apartments by Geographic Areas: 2016 [<1.0 MB]

Table 3. Asking Rent and Absorption Rates for Unfurnished Apartments by Number of Bedrooms: 2016 [<1.0 MB]

Table 4. Units in Building and Absorption Rates for Unfurnished Apartments by Number of Floors: 2016 [<1.0 MB]

Table 5a. Utilities and Absorption Rates for Unfurnished Apartment: 2016 [<1.0 MB]

Table 5b. Amenities and Absorption Rates for Unfurnished Apartments: 2016 [<1.0 MB]

Table 6. Number of Bedrooms and Absorption Rates for Condominium and Cooperative Apartments by Geographic Area: 2016 [<1.0 MB]

Table 7. Asking Price and Absorption Rates for Condominium Apartments by Number of Bedrooms and Geographic Area: 2016 [<1.0 MB]

Table 8. Asking Rent and Absorption Rates for Furnished Apartments by Number of Bedrooms: 2016 [<1.0 MB]

Table 9. Apartments Completed in Buildings With Five Units or More: 1970 to 2016 [<1.0 MB]

Table 10. Amenities in Housing Units for Those 55 Years and Older: 2016 [<1.0 MB]

Table 11. Subsidized Housing Units by Type of Subsidy: 2016 [<1.0 MB]

Standanrd Error Appendices tables A-E [<1.0 MB]

Example A-1. Interpol Testing [<1.0 MB]

Example B-1. Interpol Testing [<1.0 MB]

Example B-2. Interpol Testing [<1.0 MB]

Visualizations

Figure 1. Total Privately Financed, Nonsubsidized, Unfurnished Rental Apartments in Buildings With Five or More Units: 1970 to 2016 [<1.0 MB]

Figure 2. Unfurnished Apartment Absorption Rates 3, 6, 9, and 12 Months After Completion: 2006 to 2016 [<1.0 MB]

Figure 3. Unfurnished Rental Units by Region: 2016 Completions [<1.0 MB]

Figure 4. Median Asking Rent Unfurnished Rental Apartments by Region: 2016 Completions [<1.0 MB]

Figure 5. Unfurnished Rental Apartments by Number of Bedrooms: 2016 Completions [<1.0 MB]

Figure 6. Utilties Included With Rent In Unfurnished Rental Apartment Units: 2016 Completions [<1.0 MB]

Figure 7. Amenities Included With Rent in Unfurnished Rental Apartment Units: 2016 Completions [<1.0 MB]

Figure 8. Condominium and Cooperative Annual Construction: 1970 to 2016 [<1.0 MB]

Figure 9. Condominium and Cooperative Units by Geographic Area: 1971 to 2016 [<1.0 MB]

Figure 10. Condominium and Cooperative Units by Region: 2016 Completions [<1.0 MB]

Figure 11. Total Number of Units Completed in Buildings With Five Units or More: 1970 to 2016 [<1.0 MB]

Figure 12. Rental Units Receiving Subsidized Tax Credits: 1970 to 2016 [<1.0 MB]

Related Information

SOMA Publications