Discontinued — last reported Q3 '24

Geographic · Revenue

New England — Revenue

AvalonBay Communities New England — Revenue increased by 0.2% to $91.98M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 1.1%, from $92.97M to $91.98M. Over 2 years (FY 2021 to FY 2023), New England — Revenue shows an upward trend with a 9.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ3 2024
Rolls up toTotal Revenue

How to read this metric

An increase indicates rising rental rates or higher occupancy levels within the regional portfolio, while a decrease may signal market softening or increased competition.

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.

Metric ID: avb_segment_new_england_revenues

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$74.26M$77.04M$79.46M$81.82M$85.97M$89.11M$87.49M$92.44M$91.27M$92.97M$90.11M$96.75M$91.82M$91.98M
QoQ Change+3.7%+3.1%+3.0%+5.1%+3.7%-1.8%+5.6%-1.3%+1.9%-3.1%+7.4%-5.1%+0.2%
YoY Change+15.8%+15.7%+10.1%+13.0%+6.2%+4.3%+3.0%+4.7%+0.6%-1.1%
Range$74.26M$96.75M
CAGR+6.8%
Avg YoY Growth+7.2%
Median YoY Growth+5.4%

Frequently Asked Questions

What is AvalonBay Communities's new england — revenue?
AvalonBay Communities (AVB) reported new england — revenue of $91.98M in Q3 2024.
How has AvalonBay Communities's new england — revenue changed year-over-year?
AvalonBay Communities's new england — revenue decreased by 1.1% year-over-year, from $92.97M to $91.98M.
What is the long-term trend for AvalonBay Communities's new england — revenue?
Over 2 years (2021 to 2023), AvalonBay Communities's new england — revenue has grown at a 9.5% compound annual growth rate (CAGR), from $305.63M to $366.78M.
What does new england — revenue mean?
The total rental income generated by all apartment properties owned by the company in the New England region.