Cherry Elm Townhomes
Homes for Sale in St. Augustine, FL
True comps, carrying-cost math, and listings before the portals.
Cherry Elm Townhomes is pricing around a $346,000 median right now, which works out to roughly $188.82 a square foot — that per-square-foot number is the figure to anchor to here since townhome finish levels vary more than the median price alone suggests. The median has moved down 7.1% year over year, which tells a seller to price to the current comps rather than last year's, and tells a buyer there is room to negotiate rather than chase.
At a 3.2-months supply reading the market here is classified balanced — not tilted hard to either side. Homes are taking just over 30 days to go under contract on a median basis, and the current read is built on 57 recent closings, which is enough volume to trust the median and the per-square-foot figure as real signals rather than noise. With 15 active listings on the market today, buyers have a real but not overwhelming set of options, and sellers aren't competing against a flood of competing units.
Cherry Elm Townhomes right now
🔴 Seller-leaning market. 2.5 months of supply and 46% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of realMLS records, as of August 23, 2026. Confidence: Very High (22 active and pending listings, 58 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($346K) is down 2.7% from the prior 12 months ($356K).Momentum Research, record-level realMLS closed sales, 12-month windows ending August 23. Confidence: Very High (58 and 54 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated August 23, 2026 · Live data: realMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Cherry Elm Townhomes market snapshot (as of August 23, 2026): the median sale price is about $346K ($188 per sq ft over the trailing 12 months of closed sales), a median 41 days on market for closed sales, and 2.5 months of supply, a seller-leaning market. The trailing-12-month median is down 3% from the prior 12 months, computed from record-level realMLS closed sales (58 closings in the current window).
A gated St. Johns County townhome community in St. Augustine built around a wide amenity package — clubhouse, pool, tennis and pickleball, a dog park, and jogging paths — with pricing that has softened over the past year into balanced-market territory.
The setting & the homes.
Aerial and on-site photos of Cherry Elm Townhomes. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Cherry Elm TownhomesPhotos from realMLS listings in Cherry Elm Townhomes; content deemed reliable but not guaranteed.
Who Cherry Elm Townhomes is best for.
Best for
- A buyer targeting a purchase near the $346,000 median who wants a gated community with an extensive amenity package.
- A buyer comfortable comparing among a modest, 15-listing active pool rather than a flooded market.
- A seller who can price to the current $188.82-per-square-foot trend rather than last year's higher comps.
Probably not for
- A buyer who needs a non-gated or non-HOA property with no monthly maintenance obligation.
- A seller expecting last year's pricing given the 7.1% year-over-year decline.
- Anyone who needs a sale finalized faster than the current 34-day median time-to-contract allows.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 23 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($346K) IS the median in the snapshot above, and the move from 2025 ($356K) IS the -2.7% one-year change.
Windows contain 14 to 58 sales each (58 in the current window); every figure carries its sample size. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
38% of homes for sale in ZIP 32092 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).
Cherry Elm Townhomes Market Scorecard
Cherry Elm Townhomes is currently a seller-leaning market. About 2.5 months of supply, a median asking price of $361,490, and homes go under contract in about 80 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Cherry Elm Townhomes, St. Augustine
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Cherry Elm Townhomes
Live MLS inventory for Cherry Elm Townhomes. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 76 daysTop listing
Active · 80 days
Active · 76 days
Active · 76 days
Active · 77 days
Active · 80 days
Active · 80 days
Active · 55 days
Active · 102 days
Active · 60 days
Active · 153 days
Active · 153 days
Pending · 0 days
Pending · 0 daysActive and pending Cherry Elm Townhomes listings as of 2026-08-24, priced high to low. Source: Data provided by realMLS. Tap any home to ask about it.
Cherry Elm Townhomes on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from realMLS. Map data © OpenStreetMap, tiles © CARTO.
Life at Cherry Elm Townhomes
- Clubhouse · reported on 36 of 36 listings
- Playground · reported on 36 of 36 listings
- Tennis Court(s) · reported on 36 of 36 listings
- Children's Pool · reported on 36 of 36 listings
- Pool · reported on 36 of 36 listings
- Dog Park · reported on 35 of 36 listings
- Gated · reported on 35 of 36 listings
- Park · reported on 35 of 36 listings
- Security Gate · reported on 35 of 36 listings
- Pickleball · reported on 34 of 36 listings
- Security Lights · reported on 34 of 36 listings
- Jogging Path · reported on 3 of 36 listings
Community amenities as reported across realMLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
How far is everything?
Everyday stops around Cherry Elm Townhomes are close: the nearest coffee is about 2 minutes away.
- Cultivate Tea and Spice Co. · Coffee2 min
- Lance Family Farmers Market · Groceries5 min
- Mill Creek Crossing · Shopping5 min
- Volcano Japanese Cuisine - Registry Blvd · Dining6 min
- King and Bear Amenity Center · Parks6 min
- Baptist Heart Specialists · Health12 min
Approximate drive times via Mapbox Search + Directions, 2026-07-03. Verify for a specific address.
Schools
- St. Johns County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Wards Creek ElementaryFLDOE grade A · Public K-5
- Pacetti Bay MiddleFLDOE grade A · Public 6-8
- Tocoi Creek HighFLDOE grade A · Public 9-12, about 4 to 5 minutes
- New SilverLeaf K-8 (opening 2026-27) · Public K-8, Cherry Elm named in the rezoning
Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with St. Johns County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Cherry Elm Townhomes address.
Recent Developments in Cherry Elm at SilverLeaf
Development, infrastructure, retail, and school activity affecting Cherry Elm at SilverLeaf, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.
- June 2026Development
Baptist Health opens first phase of SilverLeaf medical campus
Baptist Health opened the first phase of its SilverLeaf medical campus on June 23 at 8595 St. Johns Parkway, a 58,979 square foot building about 3 miles north of International Golf Parkway. The opening phase houses primary care offices and a wellness center and provides cardiology, rehabilitation, and laboratory services, with orthopedic and neurology specialists scheduled to begin seeing patients in the fall. The campus and village sit within the same SilverLeaf master plan.
What it may mean for the marketA hospital system campus inside the master plan may shorten routine care trips for Cherry Elm at SilverLeaf residents as specialties come online.
Source: Jacksonville Today - June 2026Schools
New SilverLeaf K-8 on track to open for 2026-2027 with attendance boundary changes
A new K-8 campus under construction on Courtney Vista Drive in the SilverLeaf area is set to open for the 2026-2027 year, designed for roughly 1,500 students and opening with kindergarten through seventh grade. Along with a companion campus in Nocatee, the openings are expected to shift attendance boundaries for nearly 2,000 students across SilverLeaf area neighborhoods. The campus and village sit within the same SilverLeaf master plan.
What it may mean for the marketZoning for Cherry Elm at SilverLeaf could change as the new campus opens, so buyers may want to confirm current attendance boundaries with the district.
Source: First Coast News - March 2026Retail & Dining
Publix opens largest Northeast Florida store at SilverLeaf Parkway
Publix opened a 55,700 square foot store at 1975 SilverLeaf Parkway near International Golf Parkway and St. Johns Parkway, its largest location in Northeast Florida and a showcase of the chain's newest prototype. Features include a Publix Pours beer, wine, and coffee bar and an expanded deli, with an adjacent liquor store and inline retail at the center. The campus and village sit within the same SilverLeaf master plan.
What it may mean for the marketAn anchor grocer inside the master plan may reduce everyday drive times for Cherry Elm at SilverLeaf households and support additional inline retail.
Source: Jacksonville Daily Record - June 2025Parks & Amenities
St. Johns County breaks ground on $36M Silverleaf Sportsplex
County officials held a June 20 groundbreaking for the Silverleaf Sportsplex, a roughly $36 million regional athletic complex on about 40 acres at Timberwolf Trail and County Road 16A, alongside the Shearwater Community Park project. Plans include four synthetic turf multipurpose fields, three natural grass fields, a lighted stadium field with track, playground, and concessions, with opening targeted for early 2027. The campus and village sit within the same SilverLeaf master plan.
What it may mean for the marketA county sportsplex minutes from Cherry Elm at SilverLeaf could add recreation capacity that master planned communities have historically leaned on for resale appeal.
Source: St. Johns County - April 2025Builder Activity
Taylor Morrison Birch model in Cherry Elm listed among 2025 Parade of Homes award entries
NEFBA's 2025 Parade of Homes awards page lists the Birch model by Taylor Morrison in Cherry Elm at SilverLeaf in the 450,000 to 500,000 dollar price category. The 2025 Parade wrapped in late April, with winners publicized by builders that same week.
What it may mean for the marketParade recognition historically raises model traffic, which could support absorption of Cherry Elm's remaining townhome inventory.
Source: NEFBA Parade of Homes - January 2024Market
Taylor Morrison buys 18 townhome lots on Cherry Elm Drive
Jacksonville Daily Record's commercial sales roundup reported that Taylor Morrison of Florida purchased an 18 unit lot package on Cherry Elm Drive in St. Augustine from Hodges Blvd Development Group. The purchase aligned with Taylor Morrison joining Dream Finders Homes as a townhome builder in the Cherry Elm village.
What it may mean for the marketA second national builder taking down lots may broaden plan and price variety inside Cherry Elm over subsequent quarters.
Source: Jacksonville Daily Record
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Cherry Elm Townhomes buying strategy.
If we were buying in Cherry Elm Townhomes today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cherry Elm Townhomes.
What the numbers say about Cherry Elm
The 7.1% year-over-year pullback in median price, paired with a 3.2-months supply reading, is the story of a market resetting rather than one in freefall or overheating. Balanced conditions at this months-supply level mean neither side holds obvious leverage: sellers who price near the $346,000 median and the $188.82-per-square-foot mark tend to align with what 57 recent closings actually support, and buyers making offers near those figures aren't fighting an inflated ask.
A median 34-day time-to-contract is a middle-of-the-road pace — not a bidding-war sprint, not a stale-listing crawl. With 15 active listings, inventory here is thin enough that well-priced units don't sit long, but thick enough that a buyer can compare a handful of options before committing. The gated setting and the amenity roster — pool, children's pool, playground, tennis and pickleball courts, a dog park, jogging path, and on-site restaurant, plus grounds maintenance — are HOA-maintained draws that show up in the pricing conversation but are worth confirming directly, since MLS-reported amenities and access can shift.
The location and the amenities are priced into every listing in Cherry Elm Townhomes. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Cherry Elm Townhomes buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.5). Basis: Recent Direction -2.7% year-over-year; Liquidity & Demand 2.5 months of supply; Pricing Power 95.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a balanced market like this one, the value isn't in chasing a hot listing — it's in reading the 57-closing data set correctly, pricing to the $346,000 / $188.82-per-square-foot reality instead of last year's numbers, and knowing which of the 15 active listings are priced to the current trend versus priced to hope. That's the read we bring to every Cherry Elm conversation, on either side of the transaction.
Cherry Elm Townhomes in 15 seconds.
HOA, CDD & Fees
- No CDD
- Mandatory HOA. Confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Page states no CDD.
Tools for a Cherry Elm Townhomes buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cherry Elm Townhomes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cherry Elm Townhomes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cherry Elm Townhomes home worth?
Get a no-obligation home value based on real comparable sales in Cherry Elm Townhomes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Cherry Elm Townhomes on the map →
Frequently Asked Questions
What is the median home price in Cherry Elm Townhomes?
How long do homes in Cherry Elm Townhomes take to sell?
Is Cherry Elm Townhomes a buyer's or seller's market right now?
What schools serve Cherry Elm Townhomes?
Who is the best real estate agent for Cherry Elm Townhomes?
How do I find a top St. Augustine real estate agent who knows Cherry Elm Townhomes?
Can Momentum Realty connect me with an agent for Cherry Elm Townhomes?
Should you buy in Cherry Elm Townhomes?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Cherry Elm Townhomes with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: August 23, 2026) |
| Community market stats | realMLS closed sales, 12-month windows ending August 23, 2026 |
| Under-contract shares | realMLS records, as of 2026-08-18 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2023 (170 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live your area comps.
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