Discontinued — last reported Q3 '24
Business Segments · Revenue
Development / Redevelopment — Revenue
AvalonBay Communities Development / Redevelopment — Revenue increased by 46.3% to $20.11M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 16.2%, from $17.31M to $20.11M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ3 2024
Rolls up toTotal Revenue
How to read this metric
Growth in this metric indicates an expanding development footprint or successful transition of assets from construction to revenue-generating status.
Detailed definition
This metric captures the aggregate gross revenue recognized from the development and redevelopment business segment. It...
Peer comparison
Standard segment-level revenue reporting used to isolate the performance of growth-oriented business units from core stabilized operations.
Metric ID:
avb_segment_development_redevelopment_revenuesHistorical Data
13 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $23.08M | $28.54M | $17.52M | $21.07M | $24.90M | $27.54M | $10.50M | $13.03M | $17.31M | $20.71M | $8.06M | $13.75M | $20.11M |
| QoQ Change | — | +23.7% | -38.6% | +20.3% | +18.2% | +10.6% | -61.9% | +24.1% | +32.8% | +19.7% | -61.1% | +70.5% | +46.3% |
| YoY Change | — | — | — | -8.7% | -12.7% | — | -40.1% | -38.2% | -30.5% | -24.8% | -23.2% | +5.5% | +16.2% |
Range$8.06M – $28.54M
CAGR-4.5%
Avg YoY Growth-17.4%
Median YoY Growth-23.2%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is AvalonBay Communities's development / redevelopment — revenue?
- AvalonBay Communities (AVB) reported development / redevelopment — revenue of $20.11M in Q3 2024.
- How has AvalonBay Communities's development / redevelopment — revenue changed year-over-year?
- AvalonBay Communities's development / redevelopment — revenue increased by 16.2% year-over-year, from $17.31M to $20.11M.
- What does development / redevelopment — revenue mean?
- The total gross revenue attributed to the development and redevelopment business segment.