False perception of available homes for sale

One item that is giving buyers a false perception of the local market is "Short Sales". In all cases the list price on short sales is subject to 3rd party approval (the bank) and in all cases the list price may not be sufficient to cover the liens mortgages and encumbrances on the property, thus the term "Short Sale". So are these real prices? Will the bank accept this price even if the offer is for full list price?
It seems the newest, largest and least expensive homes on the market are short sales, but that does not mean these homes can really be bought for this price. Is this is giving people a false perception of what money can buy in today's market as well as how many are for sale in any given area.
I just did a search in the MLS and the criteria that I used was as follows: All of North Port, 3-5 bedroom. 2000 or newer, 1200-3000 sq ft under air and actively for sale. Here are the results: there were 878 homes that matched this criteria for sale and 240 of them were short sales. that means that approximately 30% are short sales! In my opinion that percentage will increase every day. Tune in later to find out why.