Yesterday, while searching with a couple of [city+real estate] keyphrases I noticed two new fields at the top of the organic results: Location and Listing Type (here is quick example San Francisco Real Estate). Location by default already has your city name and listing type provides drop-down list of the following choices: all, for rent, for sale and room to rent.
To find out more about Google Base and how to submit and manage your items and feeds check out Google Base Help. Their official blog might be useful too.