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) | 4.0% | Half of our predictions are within this percentage of the actual value |
| Testing R² Score | 0.830 | How much of the price variation our model explains |
| Root Mean Square Error | $31,687 | Average prediction error in the local currency |
| Mean Absolute Error | $19,569 | Average absolute difference between predicted and actual |
Percentage of predictions within various error ranges
| Within 5% | 60.4% |
| Within 10% | 83.3% |
| Within 15% | 91.4% |
| Within 20% | 94.9% |
Does the model tend to overestimate or underestimate?
| Mean Bias | -$4,551 | Average prediction bias (+ means overestimate) |
| Median Bias | -$1,290 | Typical prediction bias |
| Over-prediction Rate | 47.2% | Percentage of predictions that are above the actual value |
| Under-prediction Rate | 52.8% | 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 | $2,277 | $5,215 | $12,710 | $24,376 | $42,900 | $62,008 |
| Training Samples | 4890 |
| Testing Samples | 687 |
| Training R² | 0.970 |
| Testing R² | 0.830 |
| Last Updated | 2026-11-11 |
| Mean Absolute Percentage Error | 6.5% | Average percentage error across all predictions |
| Forecast Standard Deviation | $31,358 | Spread of prediction errors |
| Coefficient of Variation | 9.9% | Relative variability of predictions |
| 10th Percentile Error % | 0.7% | 10% of predictions have error less than this |
| 90th Percentile Error % | 13.0% | 90% of predictions have error less than this |