Built: 1970, 78 2BR Units in 13-Story Building on 36,448 Sq Ft.
Amenities: Pool.
Short-term Vacation Renting: Not Allowed.
Developer: Alexander Development.
The Alexander Arms is a concrete building at the intersection of Alexander and Bingham Streets, with H-1 on the far side of Bingham. Your immediate neighbor to the west is the Kapiolani Medical Center complex, while to the east is a low-rise community almost exclusively made up of single-family homes.
These two bedroom condos all have 864 Sq Ft interiors with a 96 Sq Ft lanai on the outside. Every unit has one assigned, uncovered parking stall to use.
Many owners have installed window a/c units, while some interiors feature ceiling fans in the living areas and/or bedrooms. Washer/Dryer is in every residence. The building has two elevators that serve all floors.
Over the past 3 years, an average of 2 fee simple condos sold per year in Alexander Arms. With so few sales, this graph may not fully reflect market trends.
The Alexander Arms graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
Alexander Arms Market Summary (January '25 - December '25 vs January '24 - December '24)
Median Sales Price: $404,000 vs $450,000 — down 10.22%
Number of Sales: 3 vs 2 — up 50.00%
List-to-Sale Price Ratio: 97.35% vs 95.34% — up 2.11%
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We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.