Business Segments · Operating Expenses

Development / Redevelopment — Operating Expenses

AvalonBay Communities Development / Redevelopment — Operating Expenses increased by 3.3% to $8.17M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 116.5%, from $3.78M to $8.17M. Over 3 years (FY 2022 to FY 2025), Development / Redevelopment — Operating Expenses shows an upward trend with a 27.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

An increase may reflect higher activity levels or rising construction-related overhead, while a decrease could signal project completions or cost-containment efforts.

Detailed definition

This metric tracks the direct costs associated with operating properties that are in the development or redevelopment ph...

Peer comparison

Comparable to 'Development Operating Expenses' or 'Pre-stabilization Property Expenses' used by other multi-family residential developers.

Metric ID: avb_segment_development_redevelopment_operating_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.76M$2.76M$2.76M$2.76M$1.21M$1.21M$1.21M$1.21M$562.00K$999.00K$1.66M$19.73M$3.78M$4.97M$6.43M$7.91M$8.17M
QoQ Change+0.0%+0.0%+0.0%-56.2%+0.0%+0.0%+0.0%-53.6%+77.8%+66.1%>999%-80.9%+31.7%+29.4%+23.0%+3.3%
YoY Change-56.2%-56.2%-56.2%-56.2%-53.6%-17.5%+37.1%>999%+571.7%+397.5%+287.5%-59.9%+116.5%
Range$562.00K$19.73M
CAGR+31.2%
Avg YoY Growth+198.9%
Median YoY Growth-17.5%
Current Streak4 quarters growth

Frequently Asked Questions

What is AvalonBay Communities's development / redevelopment — operating expenses?
AvalonBay Communities (AVB) reported development / redevelopment — operating expenses of $8.17M in Q1 2026.
How has AvalonBay Communities's development / redevelopment — operating expenses changed year-over-year?
AvalonBay Communities's development / redevelopment — operating expenses increased by 116.5% year-over-year, from $3.78M to $8.17M.
What is the long-term trend for AvalonBay Communities's development / redevelopment — operating expenses?
Over 3 years (2022 to 2025), AvalonBay Communities's development / redevelopment — operating expenses has grown at a 27.8% compound annual growth rate (CAGR), from $11.05M to $23.08M.
What does development / redevelopment — operating expenses mean?
The total costs required to operate apartment communities currently under development or renovation.