8320 Cedarspur Drive, Spring Valley Village purchased by Gary R Petersen

The home at 8320 Cedarspur Drive, Spring Valley Village, was sold on July 10 by Multi-Purpose Paper Co. LLC for $576,788.

Gary R Petersen was listed as the buyer.

Property taxes on the home totaled $2,706 in 2021, or 0.5% of the sale price.

This property is one of six sales in Spring Valley Village, Harris County, between June 10 and July 10.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.