The Survey of Market Absorption (SOMA) measures how soon privately financed, nonsubsidized, unfurnished units in buildings with five or more units are rented or sold (absorbed) after completion. In addition, the survey collects data on characteristics such as number o f bedrooms, asking rent, and asking price. As with all surveys, estimates may vary from actual values because of sampling variation or other factors. All statements in th is report have undergone statistical testing and are significant at the 90- percent confidence level.

Tables

Characteristics of Apartments Completed: 2007

Table 1. Unfurnished Apartments Completed by Rent and Number of Bedrooms for the United States: 2007 [<1.0 MB]

Table 2. Unfurnished Apartments Completed and 3-Month Absorption Rate by Rent and Number of Bedrooms for the United States and Regions: 2007 [<1.0 MB]

Table 3. Unfurnished Apartments Completed and 3-Month Absorption Rate by Rent and Number of Bedrooms for the United States and Inside or Outside Metropolitan Areas: 2007 [<1.0 MB]

Table 4. Unfurnished Apartments Completed and 3-Month Absorption Rate by Amenities and Utilities for the United States: 2007 [<1.0 MB]

Table 5. Condominium and Cooperative Apartments Completed and 3-Month Absorption Rate by Number of Bedrooms and Geography: 2007 [<1.0 MB]

Table 6. Condominium Apartments Completed and 3-Month Absorption Rate by Asking Price, Number of Bedrooms, and Geography: 2007 [<1.0 MB]

Table 7. Furnished Apartments Completed and 3-Month Absorption Rate by Asking Rent, Number of Bedrooms, and Geography: 2007 [<1.0 MB]

Table 8. Total Apartments Completed in Buildings With Five Units or More: 1970 to 2007 [<1.0 MB]

Table A. Standard Errors for Estimates of Apartments in Buildings With Five Units or More: Completions in 2007 [<1.0 MB]

Table B. Standard Errors of Estimated Percentages for Rental Apartments: Completions in 2007 [<1.0 MB]

Table C. Standard Errors of Estimated Percentages for Condominium Apartments: Completions in 2007 [<1.0 MB]

Visualization

Figure 1. Percent Distribution of New Unfurnished Rental and Condominium/Cooperative Units Completed by Region: 2007 [<1.0 MB]

Related Information

SOMA Publications

Page Last Revised - October 8, 2021

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