FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                       
1. Name and Address of Reporting Person * Ruggles Lisa 2. Issuer Name and Ticker or Trading Symbol COSTAR GROUP, INC. [ CSGP ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Senior VP, Global Research
(Last)         (First)         (Middle)
C/O COSTAR GROUP, INC., 1331 L STREET, NW		 3. Date of Earliest Transaction (MM/DD/YYYY)
9/2/2020
(Street)
WASHINGTON, DC 20005
(City)       (State)       (Zip)
 4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
 6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share  9/2/2020    M    4333  A $342.13  22060 (1) D   
Common Stock, par value $0.01 per share  9/2/2020    S    7596  D $870  14464 (2) D   

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Acquire Common Stock  $342.13  9/2/2020    M        4333    (3) 2/27/2028  Common Stock  4333.0  $0  2167  D   

Explanation of Responses:
(1)  Represents all shares of Common Stock owned, consisting of 7,636 shares of Common Stock and 13,706 shares of Common Stock subject to unvested Restricted Stock grants, 359 shares of Deferred Stock Units and 359 shares of unvested Restricted Stock Units.
(2)  Represents all shares of Common Stock owned, consisting of 40 shares of Common Stock and 13,706 shares of Common Stock subject to unvested Restricted Stock grants, 359 shares of Deferred Stock Units and 359 shares of unvested Restricted Stock Units.
(3)  The option vests in three equal installments on February 28, 2019, February 29, 2020 and February 28, 2021.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Ruggles Lisa
C/O COSTAR GROUP, INC.
1331 L STREET, NW
WASHINGTON, DC 20005

Senior VP, Global Research

Signatures
/s/ Jeannette Koonce, Attorney-in-Fact 9/3/2020
**Signature of Reporting Person Date