Business Segments · Gross Real Estate
Development / Redevelopment — Gross Real Estate
AvalonBay Communities Development / Redevelopment — Gross Real Estate decreased by 4.0% to $2.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 47.7%, from $1.74B to $2.57B. Over 4 years (FY 2021 to FY 2025), Development / Redevelopment — Gross Real Estate shows an upward trend with a 4.4% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ1 2026
Rolls up toGross real estate
How to read this metric
An increase indicates a larger capital commitment to future growth, while a decrease suggests a shift toward project completion or a reduction in the development pipeline.
Detailed definition
This metric represents the total historical cost of real estate assets currently held within the development or redevelo...
Peer comparison
Similar to 'Construction in Progress' or 'Development Pipeline Value' reported by other real estate investment trusts.
Metric ID:
avb_segment_development_redevelopment_gross_real_estateHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.32B | $2.40B | $1.58B | $1.72B | $1.91B | $2.18B | $2.37B | $1.78B | $1.97B | $2.20B | $2.41B | $1.79B | $2.00B | $2.25B | $2.49B | $1.74B | $2.07B | $2.30B | $2.68B | $2.57B |
| QoQ Change | — | +3.3% | -34.2% | +8.9% | +11.0% | +14.0% | +8.7% | -24.8% | +10.8% | +11.7% | +9.3% | -25.9% | +12.1% | +12.4% | +10.5% | -30.0% | +19.0% | +11.1% | +16.4% | -4.0% |
| YoY Change | — | — | — | — | -17.8% | -9.3% | +49.8% | +3.5% | +3.3% | +1.2% | +1.7% | +0.2% | +1.4% | +2.1% | +3.2% | -2.6% | +3.4% | +2.2% | +7.7% | +47.7% |
Range$1.58B – $2.68B
CAGR+2.1%
Avg YoY Growth+6.1%
Median YoY Growth+2.1%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is AvalonBay Communities's development / redevelopment — gross real estate?
- AvalonBay Communities (AVB) reported development / redevelopment — gross real estate of $2.57B in Q1 2026.
- How has AvalonBay Communities's development / redevelopment — gross real estate changed year-over-year?
- AvalonBay Communities's development / redevelopment — gross real estate increased by 47.7% year-over-year, from $1.74B to $2.57B.
- What is the long-term trend for AvalonBay Communities's development / redevelopment — gross real estate?
- Over 4 years (2021 to 2025), AvalonBay Communities's development / redevelopment — gross real estate has grown at a 4.4% compound annual growth rate (CAGR), from $7.39B to $8.78B.
- What does development / redevelopment — gross real estate mean?
- The total book value of all real estate projects currently under construction or renovation.