Avalonbay Communities (AVB) Construction in Progress (2009 - 2026)
Avalonbay Communities (AVB) reported Construction in Progress of $1.6 billion for Q1 2026, up 31.49% on a YoY basis from $1.2 billion in Q1 2025, and up 8.01% quarter-over-quarter from $1.5 billion in Q4 2025.
Avalonbay Communities (AVB) Construction in Progress (2009 - 2026) Analysis & Trends
Avalonbay Communities has reported Construction in Progress for 18 years, with the latest figure at $1.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Construction in Progress rose 31.49% year-over-year to $1.6 billion; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (up 31.49% YoY), and the FY2025 full-year result was $1.5 billion, up 39.91% from the prior year.
- Construction in Progress for Q1 2026 stood at $1.6 billion, up from $1.5 billion in the prior quarter.
- The five-year high for Construction in Progress was $1.6 billion in Q1 2026, with the low at $755.3 million in Q1 2022.
- Historically, Construction in Progress has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2023.
- Annual changes were most pronounced in 2023 — Construction in Progress soared 60.39% — and 2024, when it declined 17.83%.
- Avalonbay Communities' Construction in Progress stood at $1.1 billion in 2022, then increased by 18.31% to $1.3 billion in 2023, then decreased by 17.83% to $1.0 billion in 2024, then soared by 39.91% to $1.5 billion in 2025, then rose by 8.01% to $1.6 billion in 2026.
- The last three Construction in Progress figures came in at $1.6 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | 1.58 Bn |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | 100.56 Mn |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 5.74 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 426.76 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | - |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 91.74 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | - |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | 457.99 Mn |
| 10 | Millrose Properties | 4.75 Bn | 4.75 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.58 Bn |
| Dec 31, 2025 | 1.46 Bn |
| Sep 30, 2025 | 1.43 Bn |
| Jun 30, 2025 | 1.40 Bn |
| Mar 31, 2025 | 1.20 Bn |
| Dec 31, 2024 | 1.04 Bn |
| Sep 30, 2024 | 1.09 Bn |
| Jun 30, 2024 | 1.12 Bn |
| Mar 31, 2024 | 1.21 Bn |
| Dec 31, 2023 | 1.27 Bn |
| Sep 30, 2023 | 1.32 Bn |
| Jun 30, 2023 | 1.20 Bn |
| Mar 31, 2023 | 1.21 Bn |
| Dec 31, 2022 | 1.07 Bn |
| Sep 30, 2022 | 1.01 Bn |
| Jun 30, 2022 | 800.66 Mn |
| Mar 31, 2022 | 755.27 Mn |
| Dec 31, 2021 | 807.10 Mn |
| Sep 30, 2021 | 787.56 Mn |
| Jun 30, 2021 | 773.94 Mn |