Discontinued — last reported Q3 '24

Geographic · Revenue

Northern California — Revenue

AvalonBay Communities Northern California — Revenue increased by 0.3% to $107.86M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from $106.73M to $107.86M. Over 2 years (FY 2021 to FY 2023), Northern California — Revenue shows an upward trend with a 6.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2024
Rolls up toTotal Revenue

How to read this metric

An increase indicates strong regional demand, successful rent growth, or higher occupancy, while a decrease may signal market saturation or competitive pressure.

Detailed definition

This metric represents the total rental income and ancillary revenue generated by residential apartment properties locat...

Peer comparison

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

Metric ID: avb_segment_northern_california_revenues

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$89.59M$90.13M$99.41M$96.73M$100.49M$102.96M$103.44M$105.15M$106.96M$106.73M$106.33M$107.23M$107.55M$107.86M
QoQ Change+0.6%+10.3%-2.7%+3.9%+2.5%+0.5%+1.6%+1.7%-0.2%-0.4%+0.8%+0.3%+0.3%
YoY Change+12.2%+14.2%+4.1%+8.7%+6.4%+3.7%+2.8%+2.0%+0.6%+1.1%
Range$89.59M$107.86M
CAGR+5.9%
Avg YoY Growth+5.6%
Median YoY Growth+3.9%
Current Streak3 quarters growth

Frequently Asked Questions

What is AvalonBay Communities's northern california — revenue?
AvalonBay Communities (AVB) reported northern california — revenue of $107.86M in Q3 2024.
How has AvalonBay Communities's northern california — revenue changed year-over-year?
AvalonBay Communities's northern california — revenue increased by 1.1% year-over-year, from $106.73M to $107.86M.
What is the long-term trend for AvalonBay Communities's northern california — revenue?
Over 2 years (2021 to 2023), AvalonBay Communities's northern california — revenue has grown at a 6.9% compound annual growth rate (CAGR), from $371.98M to $425.17M.
What does northern california — revenue mean?
Total rental and ancillary income generated by properties in the Northern California region.