20080288312 | GENERATING SUFFICIENTLY SIZED, RELATIVELY HOMOGENEOUS SEGMENTS OF REAL PROPERTY TRANSACTIONS BY CLUSTERING BASE GEOGRAPHICAL UNITS - Systems and methods for generating segments of real property transactions by clustering base geographic units are provided. According to one embodiment, information regarding real property transactions is received, each transactions corresponds to a base geographic unit based on a physical location of a real property associated with the transaction at issue. For each value of a clustering function represented within the real property transactions, relatively homogeneous segments of transactions are built by aggregating transactions of the base geographic units into clusters based on a predetermined similarity function evaluating corresponding numerically valued attributes associated with the base geographic units until each segment has a sufficient number of transactions to provide desired accuracy, reliability or usefulness in the context of desired numerical modeling or analysis and all real property transactions have been assigned to a segment. Then, the desired numerical modeling or analysis can be performed based on the resulting segments. | 11-20-2008 |