CoStar Group expects to hire an additional 1,000 new positions in FY25

CoStar Group (CSGP) shared insights on the company’s plan for continued robust workforce growth in Richmond. Over the past year, CoStar Group’s Homes.com network has become one of the fastest growing residential portals and is now one of the two most heavily trafficked real estate collections of websites in the U.S. The Homes.com network drew an average monthly audience of 110 million unique visitors in the fourth quarter of 2024, according to Google Analytics. To meet demand from real estate agents and home builders to market their properties on Homes.com, the company plans to add approximately 500 new Homes.com sales professionals. Most home buyers consider purchasing either new construction or an existing home. To continue growing its audience, CoStar Group is investing in creating the best possible inventory of new construction homes for sale on Homes.com. Additionally, the company is adding approximately 100 new market analysts to produce this valuable content. The company also recently acquired Visual Lease, one of the country’s leading Lease Management and Accounting platforms. CoStar Group is hiring approximately 100 analysts to leverage the content in its growing lease management platforms in order to produce state-of-the-art rent indices for clients.