Mid America Apartment Communities (MAA) Construction in Progress (2009 - 2025)

Mid America Apartment Communities (MAA) has 17 years of Construction in Progress data on file, last reported at $426.8 million in Q4 2025.

• For the quarter ending Q4 2025, Construction in Progress fell 9.25% year-over-year to $426.8 million; the trailing twelve-month figure through Dec 2025 stood at $426.8 million (down 9.25% YoY), and the FY2025 full-year result was $426.8 million, down 9.25% from the prior year.
• Construction in Progress for Q4 2025 stood at $426.8 million, down from $449.4 million in the prior quarter.
• Across five years, Construction in Progress topped out at $499.6 million in Q3 2024 and bottomed at $215.1 million in Q1 2022.
• The 5-year median for Construction in Progress is $382.7 million (2023), against an average of $364.3 million.
• The widest annual swing landed in 2021, when Construction in Progress surged 86.25%; it then retreated 27.33% in 2022.
• A 5-year view of Construction in Progress shows it stood at $248.0 million in 2021, then surged by 33.9% to $332.0 million in 2022, then climbed by 16.07% to $385.4 million in 2023, then gained by 22.02% to $470.3 million in 2024, then declined by 9.25% to $426.8 million in 2025.
• The last three Construction in Progress figures came in at $426.8 million (Q4 2025), $449.4 million (Q3 2025), and $485.0 million (Q2 2025), per Business Quant data.

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