Property Listed for Sale Is Scheduled to be Auctioned?

[Michael G.]

So I have been following listings for a specific area I would like to purchase in and I've come across an interesting situation. 

Here are the facts and my corresponding thoughts:

1. Property listed online (Trulia, Zillow, etc..) and is well below market value and appears to be depressed. ~ I'm thinking this is a shortsale

2. Got my RE agent involved so I can find out more information. Turns out the property is "UC awaiting short sale approval" 

3. I look at the county's foreclosure listing and i see the property is set to be auctioned off next week. The website also shows that it has been adjourned throughout the majority of 2018.

I guess my overall question here is why would the property be listed at auction if it is under contract? Are the recent adjournments a product of the short sale approval process? Just looking to shed some light on this specific situation and maybe the short-sale/auction process; why or if short sales can get pushed back to the auction.