Discontinued — last reported Q3 '24
New England — Gross real estate
AvalonBay Communities New England — Gross real estate decreased by 1.0% to $2.80B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 4.0%, from $2.92B to $2.80B. Over 2 years (FY 2021 to FY 2023), New England — Gross real estate shows relatively stable performance with a 2.0% CAGR.
Analysis
How to read this metric
An increase reflects capital deployment through acquisitions or development projects in the region, while a decrease typically indicates asset dispositions or divestitures.
Detailed definition
This metric represents the total historical cost of real estate assets, including land, buildings, and improvements, loc...
Peer comparison
Comparable to gross book value of real estate assets reported by other property-owning REITs, providing a measure of regional asset scale.
avb_segment_new_england_gross_real_estateHistorical 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 | $2.77B | $2.78B | $2.85B | $2.89B | $2.90B | $2.87B | $2.88B | $2.98B | $2.91B | $2.92B | $2.93B | $3.05B | $2.83B | $2.80B |
| QoQ Change | — | +0.3% | +2.3% | +1.5% | +0.3% | -0.8% | +0.3% | +3.3% | -2.4% | +0.3% | +0.4% | +4.3% | -7.4% | -1.0% |
| YoY Change | — | — | — | — | +4.5% | +3.3% | +1.3% | +3.1% | +0.3% | +1.4% | +1.5% | +2.5% | -2.7% | -4.0% |
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Frequently Asked Questions
- What is AvalonBay Communities's new england — gross real estate?
- AvalonBay Communities (AVB) reported new england — gross real estate of $2.80B in Q3 2024.
- How has AvalonBay Communities's new england — gross real estate changed year-over-year?
- AvalonBay Communities's new england — gross real estate decreased by 4.0% year-over-year, from $2.92B to $2.80B.
- What is the long-term trend for AvalonBay Communities's new england — gross real estate?
- Over 2 years (2021 to 2023), AvalonBay Communities's new england — gross real estate has grown at a 2.0% compound annual growth rate (CAGR), from $11.26B to $11.72B.
- What does new england — gross real estate mean?
- The total historical investment cost of all real estate assets held by the company in the New England region.