Costar Group Inc Stock Price, News & Analysis

CoStar Group (NASDAQ: CSGP) will release its third-quarter 2025 financial results after market close on Tuesday, October 28, 2025. Management will host a conference call and live audio webcast at 5:00 PM EDT the same day to discuss results and outlook. The webcast is listen-only and available via the Investors section of CoStar Group's website, with an audio replay accessible on the site for a limited time.

CoStar Group is a global provider of commercial real estate data, marketplaces and 3D digital twin technology. The company reported 141 million average monthly unique visitors in Q2 2025. Investor contacts and media contacts are listed in the release.

CoStar Group (NASDAQ: CSGP) has provided an update on its ongoing legal battle with Zillow regarding intellectual property infringement. The company reports that Zillow has continued to infringe on at least 4,618 additional CoStar-owned images since the initial July lawsuit, which cited nearly 47,000 infringed images.

Despite the lawsuit, Zillow continues to display approximately 8,000 previously identified infringing images and distributes them to partners including Redfin and Realtor.com through syndication agreements. Many of these images prominently feature CoStar's distinctive star watermark. The company is pursuing permanent injunctive relief and substantial damages through legal action.

CoStar Group (NASDAQ: CSGP), a leading real estate technology company, has been recognized as one of GlobeSt.'s Best Places to Work in CRE for 2025. The company, which employs over 8,300 people globally, demonstrated strong employee engagement with a remarkable 98.8% retention rate in the first half of 2025.

During this period, CoStar Group hired 1,064 new employees, facilitated 525 promotions, and supported 135 strategic lateral moves. The company operates major brands including CoStar, Apartments.com, Homes.com, LoopNet, and Matterport, focusing on commercial real estate data, analytics, and digital twin technology. Their platforms attracted over 141 million average monthly unique visitors in Q2 2025.

CoStar Group (NASDAQ: CSGP) announced that Founder and CEO Andy Florance has been named to Virginia Business' Virginia 500 power list for 2025. Under Florance's leadership, the company reported strong Q2 2025 performance with revenue of $781 million, up 15% year-over-year, and record net new bookings of $93 million.

The company has demonstrated significant growth, particularly in its Homes.com platform, which saw a 56% increase in net new bookings. CoStar Group's workforce now exceeds 7,000 employees, with plans to expand its Homes.com salesforce to 500 representatives by end of 2025. The company recently relocated its global headquarters to Arlington and is expanding its Richmond campus, reinforcing its commitment to Virginia.

CoStar Group (NASDAQ: CSGP) announced that Founder and CEO Andy Florance has been named to Washingtonian Magazine's 2025 Tech Titans list for the fourth consecutive year. The recognition comes as CoStar continues to demonstrate strong performance, with Q2 2025 revenue reaching $781 million, up 15% year-over-year, and record net new bookings of $93 million.

The company, now valued at $37 billion with 6,800 employees, has shown particular success with Homes.com, which achieved 56% growth in net new bookings. CoStar Group's platforms attracted over 141 million average monthly unique visitors in Q2 2025, solidifying its position as a leader in real estate marketplaces, information, analytics, and 3D digital twin technology.

Homes.com, a CoStar Group (NASDAQ: CSGP) platform, reports that U.S. home prices grew modestly by 2.4% year-over-year to $389,000 in August 2025, below June's peak of $395,000. The housing market shows cooling signs with year-to-date price growth of just 3.5%, compared to 7% in the same period of 2024.

Regional variations are significant, with the Midwest leading price appreciation at over 7% while some Southern and California markets experienced declines. Among the top 40 markets, 15 showed minimal growth or decreases. Mortgage rates have dropped to 6.29%, the lowest since October 2024, potentially improving affordability and demand.

The Homes.com Network reached 111 million average monthly unique visitors in Q2 2025, with brand awareness rising from 4% to 42% following CoStar Group's marketing campaign launch in February 2024.

CoStar Group's (NASDAQ: CSGP) Apartments.com has released its August 2025 multifamily rent report, revealing a continued deceleration in national rent growth. The national average rent decreased by 0.23% to $1,713, down from July's $1,719, marking the second consecutive month of flat or negative growth.

Annual rent growth slowed to 1.0%, down from 1.1% in July. All regions experienced rent declines in August, with the West leading the decline at -0.5% month-over-month. At the metro level, San Francisco led with +0.6% monthly growth, while Richmond and Austin saw the steepest declines at -1.1%. Markets with high construction levels showed the weakest performance, while supply-constrained areas outperformed.

CoStar Group (NASDAQ: CSGP) has successfully completed its acquisition of Domain Holdings Australia Limited, one of Australia's leading property marketplaces that reaches approximately 7 million Australians monthly.

The strategic acquisition combines CoStar's global scale, technology leadership, and pro-agent approach with Domain's local expertise and trusted Australian property brands. Led by CEO Andy Florance, CoStar aims to create a more balanced marketplace by delivering enhanced value at lower costs, challenging the existing market dynamics that have traditionally favored extracting rather than delivering value.

Domain's President Jason Pellegrino emphasized that the transaction will accelerate Domain's ability to deliver innovative solutions while maintaining its trusted position in the Australian property market. The integration will focus on implementing enhanced technology and customer solutions to benefit agents, vendors, and homebuyers.

CoStar Group's (NASDAQ: CSGP) Apartments.com has released its July 2025 multifamily rent growth report, revealing a flattening trend in national apartment rents. The national average rent remained at $1,717, showing a slight decline of -0.03% month-over-month, marking the sixth consecutive month of flat or negative growth.

Annual rent growth has decelerated from 1.5% in January to 1.1% in July 2025. Regional performance varies significantly, with the Midwest leading at 2.6% year-over-year growth, while the West declined -1.1%. Among major markets, San Francisco led with +5.3% annual growth, while Austin showed the largest decline at -4.3%.