Discontinued — last reported Q3 '24
Southeast Florida — Revenue
AvalonBay Communities Southeast Florida — Revenue decreased by 1.0% to $24.29M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 29.3%, from $18.79M to $24.29M. Over 2 years (FY 2021 to FY 2023), Southeast Florida — Revenue shows an upward trend with a 55.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher occupancy or rent growth in the region, while a decrease suggests softening demand or reduced unit availability.
Detailed definition
This metric represents the total rental income and ancillary service fees generated by the company's residential propert...
Peer comparison
Comparable to regional rental revenue metrics reported by other multi-family REITs operating in the Florida market.
avb_segment_southeast_florida_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 | $7.71M | $8.15M | $8.60M | $9.07M | $9.44M | $9.66M | $10.09M | $19.31M | $18.81M | $18.79M | $19.39M | $24.44M | $24.54M | $24.29M |
| QoQ Change | — | +5.8% | +5.5% | +5.4% | +4.1% | +2.4% | +4.5% | +91.3% | -2.6% | -0.1% | +3.2% | +26.0% | +0.4% | -1.0% |
| YoY Change | — | — | — | — | +22.5% | +18.5% | +17.3% | +112.9% | +99.3% | +94.5% | +92.1% | +26.6% | +30.5% | +29.3% |
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Frequently Asked Questions
- What is AvalonBay Communities's southeast florida — revenue?
- AvalonBay Communities (AVB) reported southeast florida — revenue of $24.29M in Q3 2024.
- How has AvalonBay Communities's southeast florida — revenue changed year-over-year?
- AvalonBay Communities's southeast florida — revenue increased by 29.3% year-over-year, from $18.79M to $24.29M.
- What is the long-term trend for AvalonBay Communities's southeast florida — revenue?
- Over 2 years (2021 to 2023), AvalonBay Communities's southeast florida — revenue has grown at a 55.1% compound annual growth rate (CAGR), from $31.70M to $76.30M.
- What does southeast florida — revenue mean?
- The total rental income generated by the company's apartment properties located in the Southeast Florida region.