1. CoStar Group recognized as one of GlobeSt.'s Best Places to Work for 2025. 2. Company achieved a 98.8% employee retention rate in 2025. 3. Over 1,000 new employees joined CoStar in the first half of 2025. 4. CoStar invested billions in technology to support real estate professionals. 5. The company reported 141 million monthly unique visitors across its platforms.
Recognition as a top workplace boosts brand reputation, potentially enhancing recruitment and retention, leading to better performance and stock appreciation, akin to previous awards improving company metrics in the tech sector.
The article highlights CoStar's commitment to culture and growth, aligning with positive investor sentiment towards companies prioritizing employee engagement.
Immediate benefits in employee morale and talent acquisition can translate to market confidence and short-term stock movement, as seen during past recognition events for tech firms.
Leading global real estate technology and analytics company honored as one of the Top Workplaces for 2025
CoStar Group, Inc. (NASDAQ:CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology, announced today it has been named one of GlobeSt.'s Best Places to Work in CRE for 2025. The award recognizes organizations that set the standard in workplace culture, employee engagement, professional development, and long-term career satisfaction.
With more than 8,300 employees worldwide, CoStar Group is dedicated to digitizing the world's real estate and delivering innovative solutions across its industry-leading platforms, including CoStar, Apartments.com, Homes.com, LoopNet, and others. The company has invested billions of dollars in technology and research to empower real estate professionals and consumers alike.
"At CoStar Group, we don't just build products—we build careers," said Andy Florance, Founder and Chief Executive Officer of CoStar Group. "Our people are the driving force behind everything we do, and their passion, creativity, and pursuit of excellence are what make this recognition possible. We believe when you create an environment where talented people can innovate, grow, and thrive, the result is not only a stronger company but a stronger real estate industry. This honor is a reflection of the culture we've built together and the future we're building for our employees, our clients, our investors and the communities we serve."
This recognition underscores CoStar Group's deep commitment to employee growth and engagement. In just the first half of 2025, the company welcomed 1,064 new employees, achieved a 98.8% retention rate—well above the private-sector average—and celebrated 525 promotions along with 135 strategic lateral moves, opening new career pathways across the organization.
About CoStar Group, Inc.
CoStar Group (NASDAQ:CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world's real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group's major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia's leading property marketplaces. CoStar Group's industry leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group's websites attracted over 141 million average monthly unique visitors in the second quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250923813429/en/
Media
Matthew Blocher
CoStar Group
(202) 346-6775
mblocher@costargroup.com