Discontinued — last reported Q3 '24
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.
An increase indicates strong regional demand, successful rent growth, or higher occupancy, while a decrease may signal market saturation or competitive pressure.
This metric represents the total rental income and ancillary revenue generated by residential apartment properties locat...
Comparable to regional rental revenue metrics reported by other multi-family REITs with geographic segment disclosures.
avb_segment_northern_california_revenues| 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 | $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% |