Performance metrics for AVMs in this location.
Select the type of valuation model you want to view.
Estimates list prices in this location from historical data and market trends.
| Median Absolute Percentage Error (M. MAPE) | 11.3% | Half of our predictions are within this percentage of the actual value |
| Testing R² Score | 0.850 | How much of the price variation our model explains |
| Root Mean Square Error | $831,400 | Average prediction error in the local currency |
| Mean Absolute Error | $342,427 | Average absolute difference between predicted and actual |
Percentage of predictions within various error ranges
| Within 5% | 23.7% |
| Within 10% | 45.4% |
| Within 15% | 61.5% |
| Within 20% | 73.5% |
Does the model tend to overestimate or underestimate?
| Mean Bias | -$81,888 | Average prediction bias (+ means overestimate) |
| Median Bias | -$3,219 | Typical prediction bias |
| Over-prediction Rate | 49.0% | Percentage of predictions that are above the actual value |
| Under-prediction Rate | 51.0% | Percentage of predictions that are below actual value |
The absolute error amount at different percentiles - for example, '90th percentile: $50,000' means 90% of predictions have errors less than $50,000
| Percentile | 10th | 25th | 50th | 75th | 90th | 95th |
|---|---|---|---|---|---|---|
| Error Amount | $22,975 | $61,620 | $145,008 | $333,500 | $732,905 | $1,146,369 |
| Training Samples | 9818 |
| Testing Samples | 2151 |
| Training R² | 0.970 |
| Testing R² | 0.850 |
| Last Updated | 2026-10-12 |
| Mean Absolute Percentage Error | 16.9% | Average percentage error across all predictions |
| Forecast Standard Deviation | $827,358 | Spread of prediction errors |
| Coefficient of Variation | 48.8% | Relative variability of predictions |
| 10th Percentile Error % | 2.0% | 10% of predictions have error less than this |
| 90th Percentile Error % | 35.8% | 90% of predictions have error less than this |