Discontinued — last reported Q3 '24
Geographic · Gross real estate
Northern California — Gross real estate
AvalonBay Communities Northern California — Gross real estate decreased by 0.5% to $3.79B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from $3.75B to $3.79B. Over 2 years (FY 2021 to FY 2023), Northern California — Gross real estate shows relatively stable performance with a 2.1% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ3 2024Nov 12, 2024
Rolls up toGross real estate
How to read this metric
An increase reflects capital deployment, acquisitions, or development completions in the region, while a decrease suggests asset 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 peers for specific geographic or asset-class segments.
Metric ID:
avb_segment_northern_california_gross_real_estateHistorical Data
14 periods
| 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 | $3.62B | $3.63B | $3.61B | $3.73B | $3.74B | $3.75B | $3.77B | $3.77B | $3.78B | $3.75B | $3.79B | $3.80B | $3.81B | $3.79B |
| QoQ Change | — | +0.2% | -0.7% | +3.4% | +0.3% | +0.4% | +0.3% | +0.2% | +0.2% | -0.8% | +1.1% | +0.2% | +0.3% | -0.5% |
| YoY Change | — | — | — | — | +3.3% | +3.4% | +4.4% | +1.1% | +1.0% | -0.1% | +0.6% | +0.7% | +0.8% | +1.1% |
Range$3.61B – $3.81B
CAGR+1.4%
Avg YoY Growth+1.6%
Median YoY Growth+1.1%
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Frequently Asked Questions
- What is AvalonBay Communities's northern california — gross real estate?
- AvalonBay Communities (AVB) reported northern california — gross real estate of $3.79B in Q3 2024.
- How has AvalonBay Communities's northern california — gross real estate changed year-over-year?
- AvalonBay Communities's northern california — gross real estate increased by 1.1% year-over-year, from $3.75B to $3.79B.
- What is the long-term trend for AvalonBay Communities's northern california — gross real estate?
- Over 2 years (2021 to 2023), AvalonBay Communities's northern california — gross real estate has grown at a 2.1% compound annual growth rate (CAGR), from $14.47B to $15.09B.
- What does northern california — gross real estate mean?
- The total historical cost of all real estate assets owned by the company in the Northern California region.