Implementations of the present disclosure involve a system and/or method for replication size estimation and progress monitoring for a file system residing on a computing system. The replication progress monitoring system obtains a first snapshot of a file system for a first point in time and a second snapshot of the file system for a second point in time. The system may then calculate the difference between the first snapshot size from the second snapshot size and add to the difference the size a released data size. The released data size includes the size of any blocks of data included in the first snapshot and released before the second snapshot was taken. The replication transfer size may then be estimated by adding the snapshot size difference with the released size estimate.