diff --git a/.changes/unreleased/Fixes-20230626-115838.yaml b/.changes/unreleased/Fixes-20230626-115838.yaml
new file mode 100644
index 00000000000..03f07c4237d
--- /dev/null
+++ b/.changes/unreleased/Fixes-20230626-115838.yaml
@@ -0,0 +1,6 @@
+kind: Fixes
+body: Move project_root contextvar into events.contextvars
+time: 2023-06-26T11:58:38.965299-04:00
+custom:
+  Author: gshank
+  Issue: "7937"
diff --git a/core/dbt/graph/selector_methods.py b/core/dbt/graph/selector_methods.py
index 1950923ad7e..f553dfc18f7 100644
--- a/core/dbt/graph/selector_methods.py
+++ b/core/dbt/graph/selector_methods.py
@@ -328,7 +328,7 @@ def search(self, included_nodes: Set[UniqueId], selector: str) -> Iterator[Uniqu
         # get project root from contextvar
         project_root = get_project_root()
         if project_root:
-            root = Path(project_root())
+            root = Path(project_root)
         else:
             root = Path.cwd()
         paths = set(p.relative_to(root) for p in root.glob(selector))