No this is a known caching issue and status-bydesign.
Quoting Shog's answer:
Caching. And some complicated eligibility rules.
Most of the time, the top bar will indicate what's still TO DO for
the site, while the numbers under /review will indicate what's still
TO DO for you. But when reviews are being done quickly, they can
become out-of-date briefly. The system recalculates them every few
minutes, so generally they won't be out of date for too long...
...But there are still some edge-cases where there'll be items in a
queue that you aren't eligible to review but which are disqualified
because of tests too expensive for the system to run until/unless you
actually try to review them.
It's unlikely you'll encounter the latter very often, but if you see a
discrepancy hanging around for more than 5-10 minutes, chances are
that's what it is.
So what happened is, the topbar showed that a review was pending for the site to do. When you clicked it, System calculated your eligibility for the review and found out that you are not eligible for that review (Because it's your edit after all). So it showed you no pending edits.
Also see: Another one of Shog's answers here.
Further reading: Should I blame Caching?
Update: In the new design rolled out for SO, it appears that they have fixed this issue by getting rid of the count altogether. Now the counts load when you click on review button, for every queue respectively.
I have left shog a comment to seek official confirmation. Will update if he replies. I have also created a MSO post to seek official confirmation from other sources if Shog is not available to comment.
UPDATE 2: Yes Shog has confirmed the new layout is supposed to be the fix for this issue. Quoting him:
Well... It's a fix, @NSNoob. It ain't ideal; the ideal implementation
would light up the indicator when - and only when - there are tasks
that you need to do when you haven't been reviewing for a while. But
it is an improvement: there's a delay, no bogus number, and a check
for some reasonably-sane number of pending tasks.