Discontinued — last reported Q3 '24
Metro NY/NJ — Gross real estate
AvalonBay Communities Metro NY/NJ — Gross real estate increased by 0.4% to $4.38B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 0.9%, from $4.42B to $4.38B. Over 2 years (FY 2021 to FY 2023), Metro NY/NJ — Gross real estate shows relatively stable performance with a 3.7% CAGR.
Analysis
How to read this metric
An increase reflects capital deployment, acquisitions, or development completions in the region, while a decrease typically indicates asset dispositions or divestment strategies.
Detailed definition
This metric represents the total historical cost basis of all real estate assets, including land, buildings, and improve...
Peer comparison
Comparable to gross book value of real estate assets by geography reported by other large-scale residential property owners.
avb_segment_metro_ny_nj_gross_real_estateHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.11B | $4.13B | $4.09B | $4.24B | $4.10B | $4.11B | $4.12B | $4.47B | $4.48B | $4.42B | $4.42B | $4.42B | $4.37B | $4.38B |
| QoQ Change | — | +0.4% | -1.0% | +3.8% | -3.4% | +0.2% | +0.2% | +8.6% | +0.2% | -1.2% | -0.1% | -0.0% | -1.1% | +0.4% |
| YoY Change | — | — | — | — | -0.4% | -0.5% | +0.7% | +5.3% | +9.2% | +7.6% | +7.3% | -1.2% | -2.5% | -0.9% |
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Frequently Asked Questions
- What is AvalonBay Communities's metro ny/nj — gross real estate?
- AvalonBay Communities (AVB) reported metro ny/nj — gross real estate of $4.38B in Q3 2024.
- How has AvalonBay Communities's metro ny/nj — gross real estate changed year-over-year?
- AvalonBay Communities's metro ny/nj — gross real estate decreased by 0.9% year-over-year, from $4.42B to $4.38B.
- What is the long-term trend for AvalonBay Communities's metro ny/nj — gross real estate?
- Over 2 years (2021 to 2023), AvalonBay Communities's metro ny/nj — gross real estate has grown at a 3.7% compound annual growth rate (CAGR), from $16.55B to $17.79B.
- What does metro ny/nj — gross real estate mean?
- The total historical cost of all real estate assets owned by the company in the Metro New York and New Jersey region.