Because of the construction boom of the early 1970’s both private industry and Government have had an urgent need for information on the nature of the dem and for rental housing. For over thirty years, The Survey of Market Absorption (SOMA) has continued to measure how soon privately financed, nonsubsidized, unfurnished units in buildings with five or more units are rented or sold (absorbed) after completion. The 2010 Characteristics Report provides details about units constructed in 2010, yet not necessarily absorbed, such as number of bedrooms, asking rent, and asking price. This publication is of a great value to builders, bankers, market analysts, land planners, and Government officials trying to measure the needs for Federal, State and local assistance in providing better housing for everyone.

Tables

Characteristics of Apartments Completed: 2010.

Table 1. Unfurnished Apartments Completed by Rent and Number of Bedrooms for the United States: 2010 [<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: 2010 [<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: 2010 [<1.0 MB]

Table 4. Unfurnished Apartments Completed and 3-Month Absorption Rate by Amenities and Utilities for the United States: 2010 [<1.0 MB]

Table 5. Condominium and Cooperative Apartments Completed and 3-Month Absorption Rate by Number of Bedrooms and Geography: 2010 [<1.0 MB]

Table 6. Condominium Apartments Completed and 3-Month Absorption Rate by Asking Price, Number of Bedrooms, and Geography: 2010 [<1.0 MB]

Table 7. Furnished Apartments Completed and 3-Month Absorption Rate by Asking Rent, Number of Bedrooms, and Geography: 2010 [<1.0 MB]

Table 8. Total Apartments Completed in Buildings With Five Units or More: 1970 to 2010 [<1.0 MB]

Table A. Standard Errors for Estimates of Apartments in Buildings With Five Units or More: Completions in 2010 [<1.0 MB]

Table B. Standard Errors of Estimated Percentages for Rental Apartments: Completions in 2010 [<1.0 MB]

Table C. Standard Errors of Estimated Percentages for Condominium Apartments: Completions in 2010 [<1.0 MB]

Visualizations

Chart A. Number of Bedrooms in Unit [<1.0 MB]

Chart B. Unfurnished Apartment Units 2010 Completions by Regions [<1.0 MB]

Chart C. Unfurnished Rental Apartments 2010 Completions [<1.0 MB]

Chart D. Amenities Included - 2010 Total Units [<1.0 MB]

Chart E. Condominium Apartments - 2010 Completions [<1.0 MB]

Chart F. Number of Bedrooms in Unit - Condominiums 2010 Construction [<1.0 MB]

Related Information

SOMA Publications

Page Last Revised - October 8, 2021

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