There’s no denying that the Seattle real estate market has slowed down along with the rest of the country. When the August monthly multiple listings report came out last week, the Seattle Times concluded that home prices in King County are now equal to April 2006 prices.

But Ballard seems to be a hot spot — in fact, one of the hottest in the country. According to Business Week, the 98117 zip code is the 8th fast-selling zip in the nation. (98117 spans 65th Ave NW to 100th Ave NW and 1st Ave NW to the water.) The average time on the market is 86 days, which is 34 percent longer than last year, but the median price has only dropped 0.9 percent to $525,000. If you’re curious, the fastest-selling zip is pricey Sunnyvale, CA where homes sit on the market just 66 days.