I see the sign in front says "Sale Pending". Does that mean the home has been sold or not? That's a

frequent question that can lead to misunderstanding. so let me try an explanation.
"Pending" means that the seller and buyer have agreed on a price and terms, subject to (usually three) contingencies. So literally the sale is complete, "pending" the satisfaction of those contingencies.
The three common contingencies are 1) the buyer obtains the necessary financing, 2) the home appraises at or above the agreed upon price, and 3) the buyer and seller resolve any issues, if any, raised by a professional home inspection. There are usually time limits in the purchase contract for each of those contingencies to be satisfied or removed. There may also be other contingencies ("Seller to remove three junk cars from front lawn", or "Buyer to provide additional deposit of $X,XXX by YY date".) Almost any contingency can be written into a sale agreement, so long as buyer and seller agree.
I recently wrote an offer for a buyer which included the contingency that the appliances were included, as they commonly are. The seller was planning on taking them out when they moved, so the seller did not accept that contingency (and therefore wrote a counter offer specifying that the appliances were not included)
So "Pending" usually means "Sold" even though all the contingencies have not yet been satisfied.
Of course no home is finally "Sold" until the buyer receives clear title, which doesn't happen until the actual closing of the transaction. Here "Closing" refers to the escrow which was "Opened" when seller first accepted buyer's offer and earnest money deposit.
I didn't set out to write a Real Estate Glossary here, but everyone doesn't always have a correct understanding of common terms and sometimes that can lead to problems, including a failed sale (or worse, but let's not go there right now).