Discontinued — last reported Q3 '24

Geographic · Revenue

Denver, CO — Revenue

AvalonBay Communities Denver, CO — Revenue increased by 1.3% to $10.37M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 44.7%, from $7.17M to $10.37M. Over 2 years (FY 2021 to FY 2023), Denver, CO — Revenue shows an upward trend with a 9.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ2 2020
Last reportedQ3 2024
Rolls up toTotal Revenue

How to read this metric

An increase suggests strong regional demand, successful lease-up of units, or effective rent growth strategies, while a decrease may indicate market saturation or competitive pressure.

Detailed definition

This metric represents the total rental income and ancillary revenue generated by the company's residential apartment po...

Peer comparison

Comparable to regional rental revenue metrics reported by other multi-family REITs with geographic segment disclosures.

Metric ID: avb_segment_denver_co_revenues

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$5.85M$6.07M$6.17M$6.32M$6.66M$6.89M$6.98M$6.85M$7.04M$7.17M$7.16M$10.13M$10.24M$10.37M
QoQ Change+3.7%+1.6%+2.4%+5.5%+3.4%+1.3%-1.9%+2.8%+1.9%-0.1%+41.5%+1.1%+1.3%
YoY Change+13.8%+13.5%+13.2%+8.4%+5.6%+4.0%+2.6%+47.9%+45.5%+44.7%
Range$5.85M$10.37M
CAGR+19.2%
Avg YoY Growth+19.9%
Median YoY Growth+13.3%
Current Streak3 quarters growth

Frequently Asked Questions

What is AvalonBay Communities's denver, co — revenue?
AvalonBay Communities (AVB) reported denver, co — revenue of $10.37M in Q3 2024.
How has AvalonBay Communities's denver, co — revenue changed year-over-year?
AvalonBay Communities's denver, co — revenue increased by 44.7% year-over-year, from $7.17M to $10.37M.
What is the long-term trend for AvalonBay Communities's denver, co — revenue?
Over 2 years (2021 to 2023), AvalonBay Communities's denver, co — revenue has grown at a 9.0% compound annual growth rate (CAGR), from $23.74M to $28.21M.
What does denver, co — revenue mean?
The total amount of money earned from apartment rentals in the Denver market.