Mid America Apartment Communities (MAA) Construction in Progress (2009 - 2026)
Mid America Apartment Communities' (MAA) quarterly Construction in Progress came in at $406.8 million in Q2 2026, down 16.11% YoY from $485.0 million in Q2 2025, and down 4.67% on a QoQ basis from $426.8 million in Q4 2025.
Mid America Apartment Communities (MAA) Construction in Progress (2009 - 2026) Analysis & Trends
Mid America Apartment Communities (MAA) has 18 years of Construction in Progress data on file, last reported at $406.8 million in Q2 2026.
- Quarterly Construction in Progress fell 16.11% year-over-year to $406.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $406.8 million (down 16.11% YoY) and the FY2025 annual result came in at $426.8 million, down 9.25% from the prior year.
- Construction in Progress retreated to $406.8 million in Q2 2026, from $426.8 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $499.6 million in Q3 2024 to a low of $215.1 million in Q1 2022.
- A 5-year average of $389.2 million and a median of $391.4 million in 2023 frame the typical range for Construction in Progress.
- Annual changes were most pronounced in 2022 — Construction in Progress retreated 27.33% — and 2023, when it surged 82.02%.
- Tracing MAA's Construction in Progress over 5 years: stood at $332.0 million in 2022, then advanced by 16.07% to $385.4 million in 2023, then rose by 22.02% to $470.3 million in 2024, then dropped by 9.25% to $426.8 million in 2025, then fell by 4.67% to $406.8 million in 2026.
- The last three Construction in Progress figures came in at $406.8 million (Q2 2026), $426.8 million (Q4 2025), and $449.4 million (Q3 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 | 406.83 Mn |
| Dec 31, 2025 | 426.76 Mn |
| Sep 30, 2025 | 449.39 Mn |
| Jun 30, 2025 | 484.96 Mn |
| Mar 31, 2025 | 485.25 Mn |
| Dec 31, 2024 | 470.28 Mn |
| Sep 30, 2024 | 499.62 Mn |
| Jun 30, 2024 | 391.37 Mn |
| Mar 31, 2024 | 380.09 Mn |
| Dec 31, 2023 | 385.41 Mn |
| Sep 30, 2023 | 338.86 Mn |
| Jun 30, 2023 | 394.80 Mn |
| Mar 31, 2023 | 391.44 Mn |
| Dec 31, 2022 | 332.04 Mn |
| Sep 30, 2022 | 297.42 Mn |
| Jun 30, 2022 | 267.69 Mn |
| Mar 31, 2022 | 215.06 Mn |
| Dec 31, 2021 | 247.97 Mn |
| Sep 30, 2021 | 236.34 Mn |
| Jun 30, 2021 | 295.65 Mn |