We describe a novel method for assessing stenosis severity based on pressure wave measurements. Pressure waves for several degrees of stenosis at different distances proximal to the stenosis were recorded from in vitro and in vivo models. Signal analysis was performed using power spectral density, and radial compliance was also measured. Pressure wave components at the acoustic frequency band (400-2500Hz) changed gradually and were dependent upon the distance from the stenosis and its severity. The shift of the pressure components could also demonstrate the elastic properties of tubes and arteries and explain the effect of a bifurcation in the system.