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Desert Gold: Scottsdale Becomes the Hottest Spot for Millionaires

Ascent Marketing & Sales |

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In a recent story published by Realtor.com, Scottsdale has taken over as the nation’s fastest-growing metro for millionaires. The upscale Arizona enclave has officially surpassed Austin, TX, as a premier destination for affluent households. According to the newly released USA Wealth Report 2025 by Henley & Partners, Scottsdale’s millionaire population rose 125% between 2014 and 2024, driven in large part by the city’s flourishing tech sector and high quality of life.

Characterized by its year-round sunshine, luxury real estate, and world-class amenities—including golf courses, spas, and exclusive resorts—Scottsdale has become a magnet for high-net-worth individuals seeking both lifestyle and investment opportunities. As Realtor.com® senior economic research analyst Hannah Jones notes, the city’s appeal continues to grow among luxury buyers looking to combine business access with leisure living. As global markets evolve, one constant remains: real estate in this region is both highly valuable and increasingly sought-after.

READ THE FULL ARTICLE HERE

SCOTTSDALE’S UPWARD TRAJECTORY IS FAR FROM OVER

Ascent at The Phoenician, now over five years into development, is entering an exciting chapter with the release of its most exclusive and architecturally significant residence to date — Summit by Olson Kundig.

Private community tours are available by request. Contact one of our Lead Associates directly and visit the Summit website to learn more.

David Purpora — Lead Sales Associate
480-640-1391
dave@ascentatthephonician.com

Karina Rodriguez — Lead Sales Associate
602-705-7504
karinarodriguezrealtor@gmail.com



Summit by Olson Kundig
This final offering represents the pinnacle of luxury living in Scottsdale—an unmatched combination of design, location, and long-term value. Private tours are available by request. Contact an Associate directly at sales@summitolsonkundig.com or visit the website to learn more about Ascent’s most iconic release to date.

6390 E. Phoenician Blvd. Scottsdale, AZ 85251

Offered by Russ Lyon Sotheby’s International Realty (AZ DRE # LC646682009). The residential project described herein (the “Residential Project”) and the residential units within the Residential Project (the “Residential Units”) are not owned, developed, or sold by Host Camelback I LLC or its affiliates, and Host Camelback I LLC does not make any representations, warranties or guaranties whatsoever with respect to the Residential Units, the Residential Project or any part thereof. PHCN LandCo LLC uses the Phoenician® brand name and certain Phoenician® trademarks (collectively, the “Trademarks”) in connection with the sales and marketing of the Residential Units in the Residential Project under a limited, non-exclusive license from Host Camelback I LLC. The foregoing license may be terminated or may expire without renewal, in which case neither the Residential Units nor the Residential Project will be identified as a Phoenician® branded project or have any rights to use the Trademarks. All renderings contained herein are merely intended for illustration purposes and not as a representation, warranty or guaranty of size, layout, finishes, views, or any other characteristics of the improvements or natural features depicted. Developer reserves the right to make any modifications, additions or withdrawals to any and all descriptions or depictions or any other materials pertaining to the Project, without prior notice. THE IMPROVEMENTS DESCRIBED OR DEPICTED HEREIN (INCLUDING, WITHOUT LIMITATION, ENTRY FEATURES, LANDSCAPING IMPROVEMENTS, AMENITIES, BUILDINGS, HARDSCAPE, FENCING OR WALLS OR THE LACK THEREOF), ARE PROPOSED ONLY AND NO WARRANTY IS GIVEN OR IMPLIED THAT THE IMPROVEMENTS WILL BE COMMENCED OR COMPLETED. ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING AND SHALL NOT BE DEEMED TO BE REPRESENTATIONS OR WARRANTIES OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THE DOCUMENTS THAT ARE REQUIRED BY ARIZONA REVISED STATUTES, 32-2181, et seq,. TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE. This is not an offer of real estate for sale or solicitation of an offer to buy, to residents of any state, province or other jurisdiction where the Project is not registered in accordance with applicable law or where such offering or solicitation would otherwise be prohibited by law. Void where prohibited. No sales will occur until permitted by the Arizona Department of Real Estate. All sales are conditioned upon the issuance by the Arizona Department of Real Estate and buyers’ receipt and acceptance of a Disclosure Report for the Project (or applicable portions thereof). Only lot reservations will be accepted by Developer, and only as permitted by the Arizona Department of Real Estate, until the Disclosure Report for the development has been issued; provided, that Developer is under no obligation to accept lot reservations. Developer is committed to the letter and spirit of the policy for the achievement of equal housing opportunity.