CoStar Group Recognized as 2025 HousingWire Tech100 Real Estate Honoree
06 February 2025 - 6:17AM
Business Wire
The annual awards program recognizes the most
innovative and impactful tech companies transforming the real
estate industry
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20250205769228/en/
News Media Contact Matthew Blocher CoStar Group (202)
346-6775 mblocher@costargroup.com
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