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) | 8.9% | Half of our predictions are within this percentage of the actual value |
| Testing R² Score | 0.740 | How much of the price variation our model explains |
| Root Mean Square Error | $142332 | Average prediction error in dollars |
| Mean Absolute Error | $89797 | Average absolute difference between predicted and actual |
Percentage of predictions within various error ranges
| Within 5% | 32.9% |
| Within 10% | 54.8% |
| Within 15% | 68.5% |
| Within 20% | 80.8% |
Does the model tend to overestimate or underestimate?
| Mean Bias | -$69594 | Average prediction bias (+ means overestimate) |
| Median Bias | -$32965 | Typical prediction bias |
| Over-prediction Rate | 26.0% | Percentage of predictions that are above the actual value |
| Under-prediction Rate | 74.0% | 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 | $8102 | $19127 | $55136 | $115172 | $214279 | $322310 |
| Training Samples | 2245 |
| Testing Samples | 73 |
| Training R² | 0.950 |
| Testing R² | 0.740 |
| Last Updated | 2026-09-08 |
| Mean Absolute Percentage Error | 14.9% | Average percentage error across all predictions |
| Forecast Standard Deviation | $124158 | Spread of prediction errors |
| Coefficient of Variation | 20.5% | Relative variability of predictions |
| 10th Percentile Error % | 1.2% | 10% of predictions have error less than this |
| 90th Percentile Error % | 30.7% | 90% of predictions have error less than this |