CoStar Group is a global provider of real estate information, analytics and online marketplaces, listed in the S&P 500 Index and NASDAQ 100. The company aims to digitize real estate, offering tools and insights that empower professionals and consumers to make informed decisions. Addressing key challenges in the commercial real estate sector, CoStar Group’s platforms provide comprehensive, up-to-date data, enabling users to evaluate properties and market trends in real-time. This centralized approach replaces fragmented sources and manual research, streamlining transactions and fostering efficiency.
CoStar Group’s platforms connect property owners, brokers and prospective tenants or buyers, facilitating seamless transactions. Their marketplace tools improve property visibility, ensure accurate listings and promote transparency within the real estate ecosystem.
The company 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.
Strategic acquisitions in 2024, including Matterport and Visual Lease, expanded CoStar Group’s capabilities. In the U.K., traffic and engagement surged following the acquisition of OnTheMarket, further cementing CoStar Group’s global presence.
Company Website:
Markets Served:
Real Estate Data and Analytics
Company HQ:
Washington, D.C.
