Hit Rate - AVMetrics

The percentage of properties that have been valued by the AVM. See also “Gross Hit Rate” and “Adjusted Hit Rate.”

Why AVMetrics’ Fair Housing Methodology Surpasses Vendor Approaches
Vendor-published fair housing analyses represent early efforts to evaluate AVM bias, but they're inherently limited by their self-assessment nature. Each vendor tests only their own model and typically concludes little bias exists. AVMetrics' independent methodology conducts standardized, national testing across 700,000-1M quarterly transactions using Standardized Mean Difference metrics—delivering the regulatory-grade evidence lenders need to demonstrate compliance with new Interagency AVM Quality Control Standards