Discontinued — last reported Q3 '24
Mid-Atlantic — Revenue
AvalonBay Communities Mid-Atlantic — Revenue increased by 1.9% to $105.47M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 12.8%, from $93.51M to $105.47M. Over 2 years (FY 2021 to FY 2023), Mid-Atlantic — Revenue shows an upward trend with a 9.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates rising rental rates or higher occupancy, while a decrease suggests regional market softening or competitive pressure.
Detailed definition
This metric represents the total rental income and ancillary revenue generated by residential apartment properties locat...
Peer comparison
Comparable to regional rental revenue metrics reported by other multi-family REITs with geographic segment disclosures.
avb_segment_mid_atlantic_revenuesHistorical 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 | $82.23M | $85.33M | $64.61M | $82.09M | $85.19M | $85.26M | $80.86M | $92.08M | $92.49M | $93.51M | $90.95M | $101.84M | $103.46M | $105.47M |
| QoQ Change | — | +3.8% | -24.3% | +27.1% | +3.8% | +0.1% | -5.2% | +13.9% | +0.5% | +1.1% | -2.7% | +12.0% | +1.6% | +1.9% |
| YoY Change | — | — | — | — | +3.6% | -0.1% | +25.2% | +12.2% | +8.6% | +9.7% | +12.5% | +10.6% | +11.9% | +12.8% |
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Frequently Asked Questions
- What is AvalonBay Communities's mid-atlantic — revenue?
- AvalonBay Communities (AVB) reported mid-atlantic — revenue of $105.47M in Q3 2024.
- How has AvalonBay Communities's mid-atlantic — revenue changed year-over-year?
- AvalonBay Communities's mid-atlantic — revenue increased by 12.8% year-over-year, from $93.51M to $105.47M.
- What is the long-term trend for AvalonBay Communities's mid-atlantic — revenue?
- Over 2 years (2021 to 2023), AvalonBay Communities's mid-atlantic — revenue has grown at a 9.1% compound annual growth rate (CAGR), from $310.27M to $369.03M.
- What does mid-atlantic — revenue mean?
- The total rental income earned from apartment properties in the Mid-Atlantic region.