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) | 13.6% | Half of our predictions are within this percentage of the actual value |
| Testing R² Score | 0.800 | How much of the price variation our model explains |
| Root Mean Square Error | $361,623 | Average prediction error in the local currency |
| Mean Absolute Error | $121,705 | Average absolute difference between predicted and actual |
Percentage of predictions within various error ranges
| Within 5% | 21.4% |
| Within 10% | 39.8% |
| Within 15% | 53.7% |
| Within 20% | 64.3% |
Does the model tend to overestimate or underestimate?
| Mean Bias | -$35,559 | Average prediction bias (+ means overestimate) |
| Median Bias | -$1,241 | Typical prediction bias |
| Over-prediction Rate | 49.3% | Percentage of predictions that are above the actual value |
| Under-prediction Rate | 50.7% | 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 | $8,190 | $21,233 | $49,807 | $107,168 | $231,057 | $408,971 |
| Training Samples | 283089 |
| Testing Samples | 52151 |
| Training R² | 0.930 |
| Testing R² | 0.800 |
| Last Updated | 2026-11-11 |
| Mean Absolute Percentage Error | 24.5% | Average percentage error across all predictions |
| Forecast Standard Deviation | $359,872 | Spread of prediction errors |
| Coefficient of Variation | 69.6% | Relative variability of predictions |
| 10th Percentile Error % | 2.3% | 10% of predictions have error less than this |
| 90th Percentile Error % | 51.5% | 90% of predictions have error less than this |