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) | 4.9% | Half of our predictions are within this percentage of the actual value |
| Testing R² Score | 0.890 | How much of the price variation our model explains |
| Root Mean Square Error | $495675 | Average prediction error in dollars |
| Mean Absolute Error | $106541 | Average absolute difference between predicted and actual |
Percentage of predictions within various error ranges
| Within 5% | 50.5% |
| Within 10% | 76.7% |
| Within 15% | 88.0% |
| Within 20% | 93.1% |
Does the model tend to overestimate or underestimate?
| Mean Bias | -$29598 | Average prediction bias (+ means overestimate) |
| Median Bias | -$2688 | Typical prediction bias |
| Over-prediction Rate | 48.0% | Percentage of predictions that are above the actual value |
| Under-prediction Rate | 52.0% | 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 | $5716 | $15204 | $34874 | $83860 | $179921 | $307204 |
| Training Samples | 5991 |
| Testing Samples | 1498 |
| Training R² | 0.990 |
| Testing R² | 0.890 |
| Last Updated | 2026-07-14 |
| Mean Absolute Percentage Error | 8.3% | Average percentage error across all predictions |
| Forecast Standard Deviation | $494790 | Spread of prediction errors |
| Coefficient of Variation | 55.5% | Relative variability of predictions |
| 10th Percentile Error % | 0.8% | 10% of predictions have error less than this |
| 90th Percentile Error % | 16.5% | 90% of predictions have error less than this |