I was researching the Kings Park, NY market for someone and I thought that I should post the info in case anyone else was interested.
According to the MLS of LI, 35 homes closed from June 1, 2008 thru Oct 17, 2008 in the Kings Park area. The average days on the market was 99, the average SOLD price was $450,657.
Keeping in mind that the low was $275,000 and the high was $810,000.
Homes that are priced more competitively will generally sell faster than those that are priced at the higher end of the range.