Discontinued — last reported Q3 '24
Pacific Northwest — Gross real estate
AvalonBay Communities Pacific Northwest — Gross real estate increased by 0.2% to $1.53B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 0.7%, from $1.54B to $1.53B. Over 2 years (FY 2021 to FY 2023), Pacific Northwest — Gross real estate shows an upward trend with a 14.7% CAGR.
Analysis
How to read this metric
An increase reflects ongoing capital investment, acquisitions, or development activity in the region, while a decrease suggests asset divestment or portfolio rotation.
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 REITs, though accounting policies for capitalization may vary slightly.
avb_segment_pacific_northwest_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 | $1.05B | $1.06B | $1.29B | $1.29B | $1.29B | $1.30B | $1.30B | $1.54B | $1.54B | $1.54B | $1.55B | $1.53B | $1.53B | $1.53B |
| QoQ Change | — | +0.2% | +21.9% | +0.1% | +0.2% | +0.2% | +0.2% | +18.4% | +0.2% | +0.2% | +0.2% | -1.3% | +0.2% | +0.2% |
| YoY Change | — | — | — | — | +22.6% | +22.5% | +0.7% | +19.1% | +19.0% | +19.0% | +19.1% | -0.6% | -0.6% | -0.7% |
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Frequently Asked Questions
- What is AvalonBay Communities's pacific northwest — gross real estate?
- AvalonBay Communities (AVB) reported pacific northwest — gross real estate of $1.53B in Q3 2024.
- How has AvalonBay Communities's pacific northwest — gross real estate changed year-over-year?
- AvalonBay Communities's pacific northwest — gross real estate decreased by 0.7% year-over-year, from $1.54B to $1.53B.
- What is the long-term trend for AvalonBay Communities's pacific northwest — gross real estate?
- Over 2 years (2021 to 2023), AvalonBay Communities's pacific northwest — gross real estate has grown at a 14.7% compound annual growth rate (CAGR), from $4.68B to $6.16B.
- What does pacific northwest — gross real estate mean?
- The total historical cost of all real estate assets owned by the company in the Pacific Northwest region.