The annual awards program recognizes the most innovative and impactful tech companies transforming the real estate industry

WASHINGTON: CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar Group,” “we” or “our”), a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets, today was named as one of HousingWire’s 2025 Tech100 Real Estate honorees.

The Tech100 awards, now in its sixth year, highlight the most innovative and impactful tech organizations in mortgage and real estate. CoStar Group’s recognition underscores the company’s continued growth in 2024, which reported $693 million in third quarter 2024 revenue, a 11% year-over-year increase, driven by double-digit growth from its flagship platforms, Apartments.com and CoStar. Homes.com, supported by a $1 billion marketing campaign, achieved significant growth in traffic and brand awareness, positioning it as one of the top two residential marketplaces in the U.S.

Founded in 1986, CoStar Group has grown to over 6,400 employees in 14 countries and fulfills the company’s vision to digitize the real estate industry, empowering people to discover properties, insights, and connections that improve their businesses and lives. CoStar Group is included in the S&P 500 Index, one of the premier benchmarks of the U.S. equities market, and the company is also included in the NASDAQ 100, one of the world’s largest preeminent large-cap indexes.

“CoStar Group has solidified itself as a true partner to the real estate industry because of our unwavering dedication to our customers, transparency, efficiency and innovation,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group. “It’s an honor to have CoStar Group recognized on HousingWire’s esteemed list of innovative and impactful tech companies. We are deeply committed to delivering industry-leading solutions that help real estate professionals advance their businesses.”

The full list of HousingWire Tech100 honorees can be found here.

About CoStar Group

CoStar Group (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1986, CoStar Group conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of real estate information. CoStar is the global leader in commercial real estate information, analytics, and news, enabling clients to analyze, interpret and gain unmatched insight on property values, market conditions and availabilities. Apartments.com is the leading online marketplace for renters seeking great apartment homes, providing property managers and owners a proven platform for marketing their properties. LoopNet is the most heavily trafficked online commercial real estate marketplace with over thirteen million average monthly global unique visitors. STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X offers a leading platform for conducting commercial real estate online auctions and negotiated bids. Homes.com is the fastest growing online residential marketplace that connects agents, buyers, and sellers. OnTheMarket is a leading residential property portal in the United Kingdom. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. Business Immo is France’s leading commercial real estate news service. Thomas Daily is Germany’s largest online data pool in the real estate industry. Belbex is the premier source of commercial space available to let and for sale in Spain. CoStar Group’s websites attracted over 163 million average monthly unique visitors in the third quarter of 2024. Headquartered in Arlington, Virginia, CoStar Group maintains offices throughout the U.S., Europe, Canada, and Asia. From time to time, we plan to utilize our corporate website, CoStarGroup.com, as a channel of distribution for material company information. For more information, visit CoStarGroup.com.

Fonte: Business Wire