Data-Driven Real Estate Pricing: Leveraging Extra Trees Regressor for Improved Market Predictability
Keywords:
Real Estate Price Prediction, Zestimate Analysis, Machine Learning, Extra Trees Regressor, Exploratory Data Analysis, Property Valuation, Housing Market AnalyticsAbstract
Zestimate plays a significant role in shaping real estate market decisions, with Zillow estimatingproperty values for more than 104 million homes in the United States and influencing nearly 60% ofbuyers and sellers. Despite its widespread adoption, Zestimate has faced criticism due to valuation inaccuracies, reporting median errors
References
Agarwal, S., He, J., Sing, T. F., & Song, C. (2019b). Do real estate agents have information advantages in housing markets? Journal of Financial Economics, 134(3), 715735. https://doi.org/10.1016/j.jfineco.2019.05.008


