Discontinued — last reported Q3 '24
Southern California — Gross real estate
AvalonBay Communities Southern California — Gross real estate increased by 0.3% to $5.09B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 6.0%, from $4.80B to $5.09B. Over 2 years (FY 2021 to FY 2023), Southern California — Gross real estate shows an upward trend with a 5.0% CAGR.
Analysis
How to read this metric
An increase reflects capital deployment through new acquisitions or development projects, 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, often used to assess geographic concentration and capital intensity.
avb_segment_southern_california_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 | $4.37B | $4.38B | $4.26B | $4.41B | $4.42B | $4.30B | $4.32B | $4.77B | $4.78B | $4.80B | $4.82B | $5.12B | $5.07B | $5.09B |
| QoQ Change | — | +0.2% | -2.7% | +3.4% | +0.3% | -2.6% | +0.4% | +10.4% | +0.3% | +0.3% | +0.4% | +6.4% | -1.1% | +0.3% |
| YoY Change | — | — | — | — | +1.1% | -1.8% | +1.3% | +8.2% | +8.2% | +11.5% | +11.5% | +7.4% | +6.0% | +6.0% |
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Frequently Asked Questions
- What is AvalonBay Communities's southern california — gross real estate?
- AvalonBay Communities (AVB) reported southern california — gross real estate of $5.09B in Q3 2024.
- How has AvalonBay Communities's southern california — gross real estate changed year-over-year?
- AvalonBay Communities's southern california — gross real estate increased by 6.0% year-over-year, from $4.80B to $5.09B.
- What is the long-term trend for AvalonBay Communities's southern california — gross real estate?
- Over 2 years (2021 to 2023), AvalonBay Communities's southern california — gross real estate has grown at a 5.0% compound annual growth rate (CAGR), from $17.38B to $19.17B.
- What does southern california — gross real estate mean?
- The total historical cost of all real estate assets owned by the company in the Southern California region.