Avalonbay Communities (AVB) Construction in Progress (2009 - 2026)
Avalonbay Communities' (AVB) quarterly Construction in Progress came in at $1.7 billion in Q2 2026, up 19.28% YoY from $1.4 billion in Q2 2025, and up 5.92% on a QoQ basis from $1.6 billion in Q1 2026.
Avalonbay Communities (AVB) Construction in Progress (2009 - 2026) Analysis & Trends
Avalonbay Communities (AVB) has 18 years of Construction in Progress data on file, last reported at $1.7 billion in Q2 2026.
- Quarterly Construction in Progress rose 19.28% year-over-year to $1.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.7 billion (up 19.28% YoY) and the FY2025 annual result came in at $1.5 billion, up 39.91% from the prior year.
- Construction in Progress grew to $1.7 billion in Q2 2026, from $1.6 billion in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $1.7 billion in Q2 2026 to a low of $755.3 million in Q1 2022.
- A 5-year average of $1.2 billion and a median of $1.2 billion in 2023 frame the typical range for Construction in Progress.
- Annual changes were most pronounced in 2023 — Construction in Progress soared 60.39% — and 2024, when it declined 17.83%.
- Tracing AVB's Construction in Progress over 5 years: 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 gained by 14.41% to $1.7 billion in 2026.
- The last three Construction in Progress figures came in at $1.7 billion (Q2 2026), $1.6 billion (Q1 2026), and $1.5 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 1.67 Bn |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 58.31 Mn |
| 3 | Invitation Homes | 17.95 Bn | 17.95 Bn | 705.34 Mn | 5.99 Mn |
| 4 | Mid America Apartment Communities | 15.37 Bn | 15.25 Bn | 537.17 Mn | 406.83 Mn |
| 5 | Sun Communities | 14.95 Bn | 14.95 Bn | 460.10 Mn | - |
| 6 | Equity Lifestyle Properties | 12.69 Bn | 12.69 Bn | 375.97 Mn | - |
| 7 | American Homes 4 Rent | 12.40 Bn | 12.40 Bn | - | - |
| 8 | Udr | 12.18 Bn | 12.18 Bn | 412.43 Mn | 147.62 Mn |
| 9 | Camden Property Trust | 11.06 Bn | 11.06 Bn | - | 500.12 Mn |
| 10 | Millrose Properties | 5.09 Bn | 5.09 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 Bn |
| 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 |