We’ve got the update for Q2 2022. Our top AVM GIF shows the #1 AVM in each county going back 8 quarters. This graphic demonstrates why we never recommend using a single AVM. There are 19 AVMs in the most recent quarter that are “tops” in at least one county (one more than in Q1)!
The expert approach is to use a Model Preference Table® to identify the best AVM in each region. (Actually, our MPT® typically identifies the top 3 AVMs in each county.)
One great example is the Seattle area. Over the last two years, you would need seven AVMs to cover the most populous 5 counties of the Seattle environs with the best AVM. What’s more, the King’s County champion AVM has included 3 different AVMs.
A number of rural states changed hands almost completely. New Mexico, Wyoming, North Dakota, South Dakota, Montana and Kansas crowned different champions for most counties.
All that goes to show the importance of using multiple AVMs and getting intelligence on how accurate and precise each AVM is.