Discontinued — last reported Q3 '24

Other

Gross real estate

AvalonBay Communities Gross real estate increased by 1.7% to $27.52B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $26.47B to $27.52B.

Analysis

StatementBalance Sheet Statement
SectionOther
First reportedQ1 2015
Last reportedQ3 2024
Metric ID: other_real_estate_gross_at_carrying_value_excluding_gros_b2f26b

Historical Data

11 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24
Value$24.05B$24.38B$25.14B$25.23B$25.56B$26.09B$26.17B$26.47B$27.08B$27.07B$27.52B
QoQ Change+1.3%+3.1%+0.4%+1.3%+2.1%+0.3%+1.1%+2.3%-0.1%+1.7%
YoY Change+4.9%+4.9%+3.8%+3.7%+3.5%+3.8%+3.4%+4.0%
Range$24.05B$27.52B
CAGR+5.5%
Avg YoY Growth+4.0%
Median YoY Growth+3.8%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Same Store$23.42B$24.05B$23.92B$23.85B$25.21B
Other Stabilized$1.34B$1.56B$1.75B$1.81B$2.24B$2.55B$2.59B$1.72B
Development / Redevelopment$2.00B$2.25B$2.49B
Established Communities$23.44B$23.44B
Total$27.07B$27.52B

Disposals, Established Communities were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown

View all
SegmentQ4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Metro NY/NJ$4.12B$4.47B$4.48B$4.42B$4.42B$4.42B$4.37B$4.38B
Mid-Atlantic$3.20B$3.51B$3.42B$3.43B$3.44B$3.74B$3.75B$3.77B
New England$2.88B$2.98B$2.91B$2.92B$2.93B$3.05B$2.83B$2.80B
Pacific Northwest$1.30B$1.54B$1.54B$1.54B$1.55B$1.53B$1.53B$1.53B
Southeast Florida$398.82M$799.22M$800.15M$801.06M$801.62M$1.10B$1.10B$1.10B
Denver, CO$321.74M$321.90M$322.02M$505.41M$505.65M$505.91M
Other Expansion Regions$326.34M$327.22M$327.64M$328.08M$476.62M$477.61M$478.55M
Total$26.09B$26.17B$26.47B$27.08B$27.07B$27.52B

Denver, CO, Metro NY/NJ, Mid-Atlantic, New England, Other Expansion Regions, Pacific Northwest, Southeast Florida were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is AvalonBay Communities's gross real estate?
AvalonBay Communities (AVB) reported gross real estate of $27.52B in Q3 2024.
How has AvalonBay Communities's gross real estate changed year-over-year?
AvalonBay Communities's gross real estate increased by 4.0% year-over-year, from $26.47B to $27.52B.